H.R. 2454House112th Congress (2011-2013)In Committee

Child Tax Credit Equality for Puerto Rico Act of 2011

Introduced July 7, 2011

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

July 7, 2011

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HouseIntro Referral

Introduced in House

July 7, 2011

HouseIntro Referral

Referred to the House Committee on Ways and Means.

July 7, 2011

Floor Debate

17 members

What members said about H.R. 2454 on the floor

8 Republicans9 Democrats
Jared Polis
Rep. Jared PolisD-CO-2 · Jun 20, 2012

Madam Speaker, I thank the gentleman for yielding me the customary 30 minutes, and I yield myself such time as I may consume. Madam Speaker, I rise in opposition to the rule and the underlying bill,…

Rob Bishop
Rep. Rob BishopR-UT-1 · Jun 20, 2012

Madam Speaker, by direction of the Committee on Rules, I call up House Resolution 691 and ask for its immediate consideration. Madam Speaker, for the purposes of debate only, I yield the customary 30…

Mike Coffman
Rep. Mike CoffmanR-CO-6 · Jun 20, 2012

Madam Speaker, this act removes the obstacles that are blocking our efforts to achieve greater American energy production and job creation by providing more certainty and clarity to the public lands…

Edward J. Markey
Rep. Edward J. MarkeyD-MA-7 · Jun 20, 2012

Madam Speaker, I thank the gentleman very much. This bill represents the latest Republican attempt to give away our public lands to the wealthiest oil companies in the world. This bill is the…

Marsha Blackburn
Rep. Marsha BlackburnR-TN-7 · Jun 20, 2012

I thank the gentleman from Utah for yielding the time. I am so pleased, Madam Speaker, that we are pushing forward on some bills that are going to actually create the environment for jobs growth to…

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Ralph M. Hall
Rep. Ralph M. HallR-TX-4 · Jun 20, 2012

Madam Speaker, I rise in support of H.R. 4480, the Domestic Energy and Jobs Act, a proactive piece of legislation that encourages and expands production of our vast domestic resources to help put…

Kathy Castor
Rep. Kathy CastorD-FL-11 · Jun 20, 2012

I thank the gentleman from Colorado for yielding the time. Madam Speaker and colleagues, I rise to oppose the rule and the underlying bill for three primary reasons. First, the package is very poor…

John F. Tierney
Rep. John F. TierneyD-MA-6 · Jun 20, 2012

I thank the gentleman for yielding. At the end of this month, the student Federal loan interest rate is set to double from 3.4 percent to 6.8 percent. It's an urgent deadline for more than 7 million…

Charles W. Boustany, Jr.
Rep. Charles W. Boustany, Jr.R-LA-7 · Jun 20, 2012

I thank the gentleman for yielding time to me. Madam Speaker, the sad fact today is that this country does not have a coherent energy strategy, pure and simple. Now I can tell you, I come from…

Candice S. Miller
Rep. Candice S. MillerR-MI-10 · Jun 20, 2012

I certainly appreciate the gentleman for yielding time. Madam Speaker, our economy is struggling, the American people need jobs, and too many families are struggling under the burden of ever- rising…

Joe Courtney
Rep. Joe CourtneyD-CT-2 · Jun 20, 2012

Thank you, Mr. Polis, for yielding and for, again, bringing this issue back to the floor, which, as my chart indicates, we're now down to 10 days. When this chart was first created, it was 110 days,…

Lois Capps
Rep. Lois CappsD-CA-23 · Jun 20, 2012

I thank my colleague for yielding. Madam Speaker, I rise to express my strong opposition to this rule and the underlying bill. We all know that high oil and gasoline prices take their toll on…

Tim Griffin
Rep. Tim GriffinR-AR-2 · Jun 20, 2012

Madam Speaker, I rise in strong support of H.R. 4480, the Domestic Energy and Jobs Act, a package of seven bills that, taken together, will create jobs and make America more energy independent. There…

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Rick Berg
Rep. Rick BergR-ND · Jun 20, 2012

I thank the gentleman for recognizing me today. Madam Speaker, I rise in support of the underlying bill, the Domestic Energy and Jobs Act. In my home State of North Dakota, we're seeing unprecedented…

John Garamendi
Rep. John GaramendiD-CA-10 · Jun 20, 2012

Madam Speaker, the gentlelady was quite correct about worrying about the price of gasoline. And as you sit around talking about that, you ought to be concerned about the 24 million gallons of…

Barbara Lee
Rep. Barbara LeeD-CA-9 · Jun 20, 2012

Let me thank the gentleman for yielding and for your tremendous leadership on this issue. Of course I rise in strong opposition to the rule and also the bill. This so-called Domestic Jobs and Energy…

Xavier Becerra
Rep. Xavier BecerraD-CA-31 · Jun 20, 2012

Mr. Speaker, on June 20, 2012, I was unavoidably detained and missed rollcall vote 390. If present, I would have voted ``yea'' on rollcall vote 390.

Bill Text

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Introduced in HouseIssued July 7, 2011

I

112th CONGRESS

1st Session

H. R. 2454

IN THE HOUSE OF REPRESENTATIVES

July 7, 2011

Mr. Pierluisi (for himself, Mr. Towns, Mr. Diaz-Balart, Mr. Crowley, Mr. Pascrell, Mr. Young of Alaska, Mr. Rothman of New Jersey, Mr. Serrano, Ms. Wasserman Schultz, and Mr. Hastings of Florida) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to make residents of Puerto Rico with one child or two children eligible for the refundable portion of the child tax credit.

1.

Short title

This Act may be cited as the Child Tax Credit Equality for Puerto Rico Act of 2011.

2.

Refundable child tax credit allowable to residents of Puerto Rico with less than 3 children

(a)

In General

Paragraph (1) of section 24(d) of the Internal Revenue Code of 1986 (relating to portion of credit refundable) is amended by inserting at the end the following new sentence: For purposes of this paragraph, taxable income shall be computed without regard to section 933..

(b)

Effective Date

The amendment made by subsection (a) shall apply to taxable years beginning after December 31, 2010.

(c)

Applicability

(1)

In general

Any credit allowable by reason of the amendment made by subsection (a) shall not exceed the applicable percentage of the amount of credit which would otherwise be allowable under section 24(d)(1) of the Internal Revenue Code of 1986 (without regard to this subsection).

(2)

Applicable percentage

The applicable percentage shall be determined as follows:

In the case of any taxableThe applicable
 year beginning in:percentage is:
201120
201240
201360
201480
2015 and thereafter100.