arrow_back Trending Legislation
Share share

Tax Credits for Puerto Rico and US Possessions Businesses and Residents

This bill amends tax laws to allow businesses and residents in Puerto Rico and other U.S. possessions to claim refundable tax credits. These credits cover expenses for providing access to disabled individuals and removing architectural barriers. The aim is to provide financial relief and improve accessibility in these areas.
Key points
Puerto Rico businesses and residents can claim refundable tax credits for expenditures on disabled access.
Similar benefits are extended to other U.S. possessions, including American Samoa, to support local communities.
The changes apply to tax years beginning after December 31, 2022.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
To amend the Internal Revenue Code of 1986 to allow certain credits and deductions to be taken as a refundable tax credit by Puerto Rico businesses or residents, and to extend such credits and deductions to possessions of the United States.
Print number: HR 4026
Sponsor: Rescom. González-Colón, Jenniffer [R-PR-At Large]
Process start date: 2023-06-12
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch
Summary & Status

Key Questions about Tax Credits for Puerto Rico and US Possessions Businesses and Residents

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is HR 4026.

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 2023-06-12.

What are the main provisions?

Key points include:

  • Puerto Rico businesses and residents can claim refundable tax credits for expenditures on disabled access.
  • Similar benefits are extended to other U.S. possessions, including American Samoa, to support local communities.
  • The changes apply to tax years beginning after December 31, 2022.

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 2025-12-25.

Analysis and Potential Impact of HR 4026

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

CATEGORIES

Taxes Benefits