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HR 365 · in committee · major

Territorial Tax Parity Act of 2025

What this bill does

  • This bill changes how income from U.S. territories is taxed for federal purposes.
  • It affects residents of U.S. territories like Puerto Rico, the Virgin Islands, and Guam.
  • The IRS gains authority to adjust local tax payment requirements for certain income types.

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Community Threads

Started by Cosponsor

  1. 01

    How would allowing the IRS to adjust local tax payments affect the balance between federal and territorial government revenue in Puerto Rico and other territories?

  2. 02

    Which types of income would be most impacted by federal tax authority changes, and how might this reshape economic incentives for residents and businesses in territories?

  3. 03

    What evidence suggests that federal tax parity adjustments would improve economic conditions in territories compared to the current system?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · D-VI

Stacey E. Plaskett

Citizen cosponsors

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In Congress

0/ 435

House Reps cosponsoring

Introduced 2025-01-13

Legislative timeline

  1. 2025-01-13 · house · IntroReferral

    Referred to the House Committee on Ways and Means.

  2. 2025-01-13 · IntroReferral

    Introduced in House

  3. 2025-01-13 · IntroReferral

    Introduced in House

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