Puerto Rico Economic Empowerment Act of 2018

Summary

Puerto Rico Economic Empowerment Act of 2018 This bill provides for various support for Puerto Rico, including by (1) establishing tax benefits for Puerto Rico, such as a tax credit for employment payroll taxes and an expansion of the child tax credit; (2) relaxing certain requirements related to Small Business Administration loan programs for certain Puerto Rico businesses; (3) prioritizing the transfer of surplus U.S. government property to qualified Puerto Rico businesses; and (4) establishing the Federal and State Technology Partnership Program in Puerto Rico.

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Timeline

1. 17 May 2018

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 17 May 2018

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 17 May 2018 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 17 May 2018

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 17 May 2018

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 17 May 2018

  Open at official source

Sponsors

• Sen. Hatch, Orrin G. [R-UT] · R · Sponsor
• Sen. Rubio, Marco [R-FL] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to → Microloan Modernization Act of 2017
• related to → U.S. Territories Investor Protection Act of 2017
• related to → Small Business Relief From Disease Induced Economic Hardship Act of 2017
• related to → U.S. Territories Investor Protection Act of 2017
• related to → Microloan Modernization Act of 2018
• related to ← Puerto Rico Economic Empowerment Act of 2018
• related to ← Puerto Rico Economic Empowerment Act of 2018