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Earned Income Tax Credit Extended to Puerto Rico Residents.

This bill aims to extend eligibility for the Earned Income Tax Credit (EITC) to residents of Puerto Rico. This means that working individuals in Puerto Rico who meet specific income criteria will be able to claim a tax refund, potentially increasing their disposable income. The changes will apply to tax years beginning after December 31, 2023.
Key points
Residents of Puerto Rico will become eligible for the federal Earned Income Tax Credit (EITC), which was not previously the case.
The amount of the credit for Puerto Rico residents will be capped at what a similarly situated taxpayer in a U.S. state would receive.
The bill also adjusts how the child tax credit is calculated for Puerto Rico residents, ensuring it is not reduced due to the new EITC eligibility.
Annual federal reimbursement for Puerto Rico's local EITC will terminate after 2023, as residents will qualify for the federal credit.
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Additional Information
Print number: 118_HR_257
Sponsor: Rescom. González-Colón, Jenniffer [R-PR-At Large]
Process start date: 2023-01-10
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Earned Income Tax Credit Equity for Puerto Rico Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_257.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-01-10.

What are the main provisions?

Key points include:

  • Residents of Puerto Rico will become eligible for the federal Earned Income Tax Credit (EITC), which was not previously the case.
  • The amount of the credit for Puerto Rico residents will be capped at what a similarly situated taxpayer in a U.S. state would receive.
  • The bill also adjusts how the child tax credit is calculated for Puerto Rico residents, ensuring it is not reduced due to the new EITC eligibility.
  • Annual federal reimbursement for Puerto Rico's local EITC will terminate after 2023, as residents will qualify for the federal credit.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rescom. González-Colón, Jenniffer [R-PR-At Large].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

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