118th Congress · HOUSE BILLBILL

H.R. 7903 — To amend the Internal Revenue Code of 1986 to allow elective payment of applicable credits to bona fide residents of and entities organized under the laws of Puerto Rico.

“To amend the Internal Revenue Code of 1986 to allow elective payment of applicable credits to bona fide residents of and entities organized under the laws of Puerto Rico.”

Taxation

Introduced Apr 9, 2024

Last action Apr 9, 2024

Pipeline · Bill → Law

Step 1

Introduced

Apr 9, 2024

Step 2

Referred

Apr 9, 2024

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows elective payments of specified tax credits to bona fide residents of and entities organized under the laws of the Commonwealth of Puerto Rico.

Provisions · 1 sectionsIntroduced in House

Timeline · 2 actions

Apr 9, 2024

Introduced in House

Apr 9, 2024

Referred to the House Committee on Ways and Means.