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H.R. 1403House115th Congress (2017-2019)In Committee

To amend the Internal Revenue Code of 1986 to make permanent the deduction for income attributable to domestic production activities in Puerto Rico.

Sponsored by Jenniffer González-ColónRep. Jenniffer González-Colón (R-PR)
Introduced March 7, 2017

AI-Generated Summary

Updated April 15, 2026 at 1:25 PM UTC

The bill makes permanent a tax deduction that allows income earned from domestic production activities in Puerto Rico to be deducted from federal taxes. It changes the Internal Revenue Code so the deduction no longer expires, affecting Puerto Rican producers and their tax filings for years after 2016.

Key Provisions

  • Amends Section 199(d)(8) of the Internal Revenue Code by removing subparagraph (C), which previously limited the deduction’s duration, thereby making the deduction permanent.
  • The amendment applies to taxable years beginning after December 31, 2016.

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

Ways and Means Committee

March 7, 2017

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HouseIntro Referral

Introduced in House

March 7, 2017

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

March 7, 2017

Bill Text

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Introduced in HouseIssued March 7, 2017

I

115th CONGRESS

1st Session

H. R. 1403

IN THE HOUSE OF REPRESENTATIVES

March 7, 2017

Miss González-Colón of Puerto Rico (for herself, Mr. Curbelo of Florida, Mr. Lewis of Georgia, and Mr. Serrano) 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 permanent the deduction for income attributable to domestic production activities in Puerto Rico.

1.

Deduction for income attributable to domestic production activities in Puerto Rico made permanent

(a)

In general

Section 199(d)(8) of the Internal Revenue Code of 1986 is amended by striking subparagraph (C).

(b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2016.