Bill · H.R. 1697· House(119-HR-1697)
Child Tax Credit Relief for Puerto Rican Families Act
- Introduced
- 2/27/2025
- Last activity
- 2/27/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Pablo Hernández
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the Child Tax Credit Relief for Puerto Rican Families Act, seeks to amend the Internal Revenue Code of 1986. The primary goal is to provide equitable treatment for residents of Puerto Rico regarding the refundable portion of the child tax credit. It accomplishes this by amending section 24(d)(1) of the code. Additionally, it modifies the definition of social security taxes used for calculating the refundable portion of the credit. These changes are intended to apply to taxable years beginning after December 31, 2024.
Yes· 3 of 6
Would households on low incomes be better off under this?+6
The bill expands the refundable portion of the child tax credit which benefits low-income families.
Would children be better off under this?+5
The bill increases financial resources available to families through the child tax credit.
Would Hispanic Americans be better off under this?+5
The bill provides specific tax relief for residents of Puerto Rico, a demographic with high Hispanic representation.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Equitable Treatment for Puerto Rican Residents: The bill aims to provide more equitable treatment for residents of Puerto Rico regarding the refundable portion of the child tax credit (Section 2 of the bill).
-
Adjusted Credit Calculations: By amending how social security taxes are calculated for the purpose of the refundable portion of the credit, the bill adjusts specific percentages and amounts used in the calculation (Section 3).
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the text provided.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+6Good For Children+5Good For Hispanic Americans+5Good For Middle Class Households+4
- Economy And Finance
- Reduces Middle Class Taxes+5
- Social Issues And Justice
- Improves Poverty Reduction+4
- 4/16/2026
- 1 Cosponsor added.
- 2/27/2025
- Referred to the House Committee on Ways and Means.
- Introduced in House
John LarsonDemocrat · Connecticut