[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2181 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 2181

 To amend the Internal Revenue Code of 1986 to allow the manufacturing 
   deduction provided by the American Jobs Creation Act of 2004 with 
  respect to income attributable to domestic production activities in 
                              Puerto Rico.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 5, 2005

 Mr. Fortuno 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 allow the manufacturing 
   deduction provided by the American Jobs Creation Act of 2004 with 
  respect to income attributable to domestic production activities in 
                              Puerto Rico.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

     This Act may be cited as the ``Puerto Rico Inclusion Act of 
2005''.

SEC. 2. DEDUCTION ALLOWABLE WITH RESPECT TO INCOME ATTRIBUTABLE TO 
              DOMESTIC PRODUCTION ACTIVITIES IN PUERTO RICO.

    (a) In General.--Subsection (d) of section 199 of the Internal 
Revenue Code of 1986 (relating to definitions and special rules) is 
amended by redesignating paragraph (7) as paragraph (8) and by 
inserting after paragraph (6) the following new paragraph:
            ``(7) United states defined.--For purposes of this section, 
        the term `United States' includes the Commonwealth of Puerto 
        Rico.''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
take effect as if included in section 102 of the American Jobs Creation 
Act of 2004.
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