This Act may be cited as the Child Tax Credit Relief for Puerto Rican Families Act.
(a) In general
Section 24(d)(1) of the Internal Revenue Code of 1986 is amended by inserting or section 933 after section 112.
(b) Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2024.
(a) In general
Section 24(k)(2)(B) of the Internal Revenue Code of 1986 is amended by striking and at the end of clause (i), by striking the period at the end of clause (ii) and inserting, and, and by adding at the end the following new clause:
(iii) subsection (d)(2)(A) shall be applied—
(I) in clause (i), by inserting twice before the amount, and
(II) by striking 50 percent of each place it appears.
(b) Effective date
The amendments made by subsection (a) shall apply to taxable years beginning after December 31, 2024.