Bill116th CongressFiled Jun 3, 2020Taxation
S. 3883
A bill to amend the Internal Revenue Code of 1986 to make the earned income tax credit available to residents of possessions of the United States.
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jun 3, 2020)
This bill directs the Department of the Treasury to make payments to Puerto Rico for expenditures by its taxpayer relating to the earned income tax credit (EITC). The bill also requires payments to U.S. possessions with mirror code tax systems (i.e., the Virgin Islands, Guam, and the Commonwealth of the Northern Mariana Islands) for a specified percentage of the cost of the EITC in calendar years 2020-2024.
What just happenedJun 3, 2020
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Menendez, Robert [D-NJ](D-NJ)Sponsor
5 cosponsors4 D1 I
5cosponsors1committees2actions5related bills14subjects
- Introduced in SenateJun 3, 2020
- Jun 3, 2020IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jun 3, 2020IntroReferral10000
Introduced in Senate