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S. 2873

BillFederalSenateIn Committee
Puerto Rico Economic Empowerment Act of 2018
About This Bill
Committee
Latest Action · May 17, 2018
Read twice and referred to the Committee on Finance.
Congress
115th (2017–2019)
Introduced
May 17, 2018
Sponsor
Sen. Orrin HatchR
Cosponsors (1)
0D 1R
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Summary

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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.

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