[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1403 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 1403

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


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 7, 2017

    Miss Gonzalez-Colon 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

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                                 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.

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

SECTION 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.
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