,i  #aadth ,,congress  #ast ,session    
,h4 ,r4 #dbac  ,,in ,,the ,,house ,,of  
,,representatives  ,december #aj1 #bjae 
,mr4 ,pascrell 7for himself1 ,mr4       
,pierluisi1 ,mr4 ,rangel1 ,mr4 ,larson  
of ,connecticut1 and ,mr4 ,serrano7     
introduced the following bill2 which was
 referred to the ,committee on ,ways and
 ,means  ,a ,,bill  ,to amend the       
,internal ,revenue ,code of #aihf to    
make residents of ,puerto ,rico eligible
 for the earned income tax credit and to
 provide for equitable treatment for    
residents of ,puerto ,rico with respect 
to the refundable portion of the child  
tax credit4  #a4 ,short title ,this ,act
 may be cited as the ,tax ,equity and   
,prosperity for ,puerto ,rican ,families
 ,act of #bjae4  #b4 ,puerto ,rico      
residents eligible for earned income tax
 credit  7a7 ,in general ,section #cb of
 the ,internal ,revenue ,code of #aihf  
7relating to earned income7 is amended  
by adding at the end the following new  
subsection3  7n7 ,residents of ,puerto  

,rico  7#a7 ,in general ,in the case of 
residents of ,puerto ,rico-- 7,a7 the   
,united ,states shall be treated as     
including ,puerto ,rico for purposes of 
subsections 7c77#a77;,a77ii77,i7 and    
7c77#c77;,c71  7,b7 subsection          
7c77#a77;,d7 shall not apply to         
nonresident alien individuals who are   
residents of ,puerto ,rico1  7,c7       
adjusted gross income and gross income  
shall be computed without regard to     
section #icc for purposes of subsections
 7a77#b77;,b7 and 7c77#b77;,a77i71  7,d7
 subsection 7c77#a77;,a77ii77,,ii7 shall
 be applied by substituting age #ba for 
age #be1 and  7,e7 notwithstanding      
subsection 7b7--  7i7 the credit        
percentage is #dj1  7ii7 the phaseout   
percentage is #ba4jf1  7iii7 the earned 
income amount is #h1hij1 and  7iv7 the  
phaseout amount is #aa1faj 7increased by
 #c1jjj in the case of a joint return74 
7#b7 ,inflation adjustment ,subsection  
7j7 shall apply to the dollar amounts in
 subparagraph 7,d71 determined by       

treating the #h1hij and #aa1faj amounts 
as though such amounts were contained in
 subsection 7b77#b77;,a7 and by treating
 the #c1jjj amount as though such amount
 were contained in subsection           
7b77#b77;,b77iii74  4  7b7 ,child tax   
credit not reduced ,subclause 7,,ii7 of 
section #bd7;d77#a77;,b77ii7 of such    
,code 7relating to child tax credit7 is 
amended by inserting before the period  
7determined without regard to section   
#cb7n7 in the case of residents of      
,puerto ,rico74  7c7 ,effective date    
,the amendments made by this section    
shall apply to taxable years beginning  
after ,december #ca1 #bjae4  #c4        
,equitable treatment for residents of   
,puerto ,rico with respect to the       
refundable portion of the child tax     
credit  7a7 ,in general ,section        
#bd7;d77#a7 of the ,internal ,revenue   
,code of #aihf is amended by inserting  
or section #icc after section #aab4  7b7
 ,effective date ,the amendment made by 
subsection 7a7 shall apply to taxable   

years beginning after ,december #ca1    
#bjae4