HR 3020 · 112th Congress · Taxation
Puerto Rico Investment Promotion Act of 2011
Introduced 2011-09-22· Sponsored by Resident Commissioner Pierluisi, Pedro R. [D-PR-At Large]· House
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2011-09-22)
Plain Language Summary
[AI summary unavailable — showing source text]
Puerto Rico Investment Promotion Act of 2011 - Amends the Internal Revenue Code to allow a corporation incorporated under the laws of Puerto Rico and deriving at least 50% of its gross income from sources within Puerto Rico to elect to be treated as a domestic corporation for U.S. tax purposes.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (11)
7 Democrats4 Republicans