HR 1555 · 109th Congress · Taxation

Insular Areas Tax Credit Act

Introduced 2005-04-12· Sponsored by Del. Bordallo, Madeleine Z. [D-GU-At Large]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-04-12)

Plain Language Summary

[AI summary unavailable — showing source text] Insular Areas Tax Credit Act - Amends the Internal Revenue Code to require the United States to pay an estimate of the portion of the applicable earned income and child tax credit to Guam and the Virgin Islands during the first three and one half months of calendar year 2006 and each calendar year thereafter. Provides for adjustments to and supplemental payments of such tax credit payments.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat