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Proposal:Territorial Economic Growth and Recovery Act of 2019

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

Territorial Economic Growth and Recovery Act of 2019

This bill directs the Department of the Treasury to pay to U.S.possessions for taxable years beginning after 2018 the cost of the earned tax credit and the child tax credit paid to residents of such possessions.

Bill Title

Territorial Economic Growth and Recovery Act of 2019

Linked Goals

Steps

  • 2019-01-09: Referred to the House Committee on Ways and Means.
  • 2019-01-09: Introduced in House
  • 2019-01-09: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.