Child Tax Credit Relief for Puerto Rican Families Act

House Votes

This bill would let families in Puerto Rico get the same refundable part of the Child Tax Credit as families in the states. It also clarifies how Social Security taxes are counted when figuring out how much of the credit can be paid as a refund. These changes would start with the 2025 tax year (tax years beginning after December 31, 2024).

Key points:

• Who is affected: Parents and caregivers living in Puerto Rico with eligible children.
• What changes: Puerto Rico residents get equal access to the refundable part of the Child Tax Credit; the law spells out how Social Security taxes factor into the refund calculation.
• When: Applies to tax years starting after December 31, 2024.