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Members present a range of targeted tax proposals: territory incentives, biogas credits, educational choice, and disaster relief accounts
Summary
During the Ways and Means member day, lawmakers introduced and renewed support for a wide set of targeted tax measures: restoring territorial incentives for Puerto Rico and American Samoa, extending biogas investment credits, advancing education-choice tax credits, disaster-focused farmer savings accounts, and other district-level items.
The hearing provided space for lawmakers to raise many district-specific and programmatic proposals that they asked Ways and Means to include in reconciliation or to pursue separately.
Territorial tax incentives: Puerto Rico's resident commissioner urged modern, tailored tax incentives to attract manufacturing and pharmaceuticals, citing the island's strategic role in supply-chain resilience. Representative Radewagon (American Samoa) urged permanent extension of the American Samoa Economic Development Credit (ASEDC, HR 399), saying the tuna cannery and related jobs — roughly 25% of…
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