S-2873 : Still Just a Bill

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.

Action Timeline

Action DateTypeTextSource
2018-05-17IntroReferralRead twice and referred to the Committee on Finance.Senate
2018-05-17IntroReferralIntroduced in SenateLibrary of Congress

Sponsor :

Orrin G. Hatch [R] (UT)
See Cosponsors

Policy Area :

Commerce
See Subjects
  • Appropriations
  • Business investment and capital
  • Census and government statistics
  • Congressional oversight
  • Disaster relief and insurance
  • Economic development
  • Employment taxes
  • Government buildings, facilities, and property
  • Government lending and loan guarantees
  • Government studies and investigations
  • Government trust funds
  • Health programs administration and funding
  • Health promotion and preventive care
  • Income tax credits
  • Public contracts and procurement
  • Small business
  • Social security and elderly assistance
  • Tax treatment of families
  • U.S. territories and protectorates
  • Caribbean area
  • Puerto Rico
  • Department of Commerce
  • Small Business Administration

Related Bills

See Related Bills