H.R. 3020 (112th): Puerto Rico Investment Promotion Act of 2011

Introduced:
Sep 22, 2011 (112th Congress, 2011–2013)
Sponsor:
Commish. Pedro Pierluisi [D-PR0]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


9/22/2011--Introduced.
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.

House Republican Conference Summary

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House Democratic Caucus Summary

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