Search Results for keywords:"puerto rico"

Search Results: keywords:"puerto rico"

H. R. 8504 — To amend the Internal Revenue Code of 1986 to establish the critical supply chains reshoring investment tax credit.
May 22, 2024
Status:Introduced in House
Congress:118
Words:990
The bill H. R. 8504 proposes an amendment to the Internal Revenue Code of 1986 to introduce a tax credit aimed at encouraging the reshoring of critical supply chain facilities back to the United States. This tax credit would cover 40% of the investment made in property that...
Simple Explanation
The bill wants to give a big tax break to companies that build or improve factories in certain parts of the U.S., like Puerto Rico, to make important things, such as medicines and computer chips, so that these items are made closer to home.
H. R. 10243 — To amend the Small Business Act to establish requirements relating to the submission of tax returns or tax return transcripts for a disaster loan, and for other purposes.
November 21, 2024
Status:Introduced in House
Congress:118
Words:425
H.R. 10243, known as the “Disaster Loan Equity for Territories Act of 2024,” proposes changes to the Small Business Act regarding disaster loans. It requires applicants to submit a tax return or tax return transcript before a loan is approved. However, applicants from U.S....
Simple Explanation
H.R. 10243 is a new rule saying that if someone wants to borrow money to fix things after a disaster, they must show a tax form. People living in places like Puerto Rico don't have to pay U.S. taxes, so they can get a special pass until they show a tax paper from where they live.
H. R. 7230 — To amend the definition of extremely low-income families under the United States Housing Act of 1937.
February 05, 2024
Status:Introduced in House
Congress:118
Words:254
H. R. 7230 aims to change how extremely low-income families are defined under the United States Housing Act of 1937. The bill proposes that the definition for public housing in Puerto Rico should use the same poverty guidelines as those used for the contiguous 48 states and...
Simple Explanation
Imagine there's a rule that helps people find homes if they don't have much money. H. R. 7230 says that families in a special place called Puerto Rico should use the same rules as some other places in the U.S. to know if they need that help.
H. R. 359 — An Act To establish Fort San Gerónimo del Boquerón in Puerto Rico as an affiliated area of the National Park System, and for other purposes.
November 21, 2024
Status:Reported to Senate
Congress:118
Words:1,190
H. R. 359 proposes to designate Fort San Gerónimo del Boquerón in Puerto Rico as a connected area within the National Park System. The bill outlines that the fort will be managed by the Institute of Puerto Rican Culture, with the Secretary of the Interior providing technical...
Simple Explanation
In H. R. 359, a plan is suggested for a historic fort in Puerto Rico to join the special places cared for by the National Park System, like a big family. The park people will help a Puerto Rican group take care of the fort, but they won't own or manage it, and the nearby areas won't have to change.
H. R. 6324 — To authorize major medical facility projects for the Department of Veterans Affairs for fiscal year 2024, and for other purposes.
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August 09, 2024
Status:Reported in House
Congress:118
Words:916
H.R. 6324, titled the "Fiscal Year 2024 Veterans Affairs Major Medical Facility Authorization Act," proposes to allow the Department of Veterans Affairs to undertake several major medical facility projects in fiscal year 2024. These projects include constructing new buildings, expanding...
Simple Explanation
The bill says the government wants to spend a big pile of money to fix up and build new hospitals for veterans, but it doesn’t clearly say why some places are getting more money and how they decided which places are most important.
S. 3181 — To designate the Air and Marine Operations Marine Unit of the U.S. Customs and Border Protection located at 101 Km 18.5 in Cabo Rojo, Puerto Rico, as the Michel O. Maceda Marine Unit, and for other purposes.
September 25, 2024
Status:Reported to Senate
Congress:118
Words:559
S. 3181 aims to rename the Air and Marine Operations Marine Unit of the U.S. Customs and Border Protection in Cabo Rojo, Puerto Rico, as the "Michel O. Maceda Marine Unit." This change honors Marine Interdiction Agent Michel O. Maceda, who was tragically killed during a drug...
Simple Explanation
In this bill, they want to change the name of a special police boat group in Puerto Rico to honor a person named Michel O. Maceda, who was very brave but sadly passed away while doing important work to stop bad people from smuggling drugs in 2022.
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.
April 09, 2024
Status:Introduced in House
Congress:118
Words:376
H.R. 7903 aims to modify the Internal Revenue Code of 1986 to allow certain credits to be paid to residents and entities in Puerto Rico. Specifically, it changes the tax code so that public entities, non-profit organizations, and electric cooperatives in Puerto Rico can receive elective...
Simple Explanation
This new rule wants to make sure people and groups in Puerto Rico can get some money back for special projects, just like in the rest of the U.S., even if their projects are mostly in places like Puerto Rico itself.

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