Rep. Stacey E. Plaskett

Territorial Tax Equity and Economic Growth Act of 2021 This bill modifies the residence and income source rules that apply with respect to the taxation of income from U.S. possessions (Guam, American Samoa, the Northern Mariana Islands, Puerto Rico, and the Virgin Islands). The bill specifies that a bona fide resident of a possession must have a substantial presence in the possession for at least 122 days during the year. Under current law, the person must be present for at least 183 days during the year. Under current law, income is not possession source income if it is treated as (1) income from sources within the United States, or (2) as effectively connected with the conduct of a trade or business within the United States. The bill amends this rule to: specify that it applies only to the extent that the income is attributable to an office or fixed place of business within the United States, specify principles that must be used to determine whether income from sources without a possession is effectively connected with the conduct of a trade or business within the possession, and prohibit income from activities within the United States which are of a preparatory or auxiliary character from being treated as income from sources within the United States or as effectively connected with the conduct of a trade or business within the United States. The bill also modifies the income source rules that apply to certain personal property sales in the Virgin Islands.

Hire A Hero Act of 2021 This bill allows small businesses a work opportunity tax credit for hiring a member of the Ready Reserve or the National Guard. The bill also makes permanent the provisions of the credit that apply to the hiring of qualified veterans and members of the Ready Reserve and National Guard. The bill also provides for payments to U.S. possessions for revenue losses due to the requirements of this bill.

This bill adjusts the housing allowance for uniformed service members in the U.S. Virgin Islands. Specifically, the Department of Defense must provide to a service member serving in the U.S. Virgin Islands the basic housing allowance, rather than the overseas housing allowance. Currently, a service member on duty in the U.S. Virgin Islands receives the overseas housing allowance, which is limited to cost reimbursement. By contrast, service members in the 50 states and the District of Columbia receive the basic housing allowance, which offers a fixed amount for each locality and grade/rank.

This bill provides for the payment into the treasury of the U.S. Virgin Islands revenue from excise taxes on fuel produced in the Virgin Islands and entered into the United States.

This bill authorizes the President to invite each U.S. territory to provide and furnish no more than two statues for placement in National Statuary Hall. These statues may be of U.S. citizens or persons who, though not citizens of the United States, owe permanent allegiance to the United States.

Territorial Economic Recovery Act This bill restores the favorable tax treatment of investment in U.S. territories and possessions. It treats such investment as domestic rather than foreign investment and requires investors to have an active trade or business in a U.S. territory or possession with a certain percentage of income derived from such territory or possession.

This bill repeals the limitation on the amount of distilled spirits excise taxes covered over (paid) to the treasuries of the Virgin Islands and Puerto Rico.

This resolution honors the life and legacy of former Representative John Robert Lewis and commends his achievements in the struggle for civil rights.

This bill provides for the presentation of a Congressional Gold Medal to the Freedom Riders, in recognition of their contribution to civil rights by fighting for equality in interstate travel.

Juneteenth National Independence Day Act This bill establishes Juneteenth Independence Day as a federal holiday.