Promote incentives similar to former Section 936 and support the Territorial Economic Recovery Act.

Promovere9 incentivos similares a la antigua Seccif3n 936, adaptados a las necesidades actuales. Ademe1s, apoyare9 el Territorial Economic Recovery Act, que restaurareda el tratamiento fiscal favorable para las inversiones en territorios de EE. UU.

Candidate commits to back tax incentives for investment in Puerto Rico and other territories.

Propuestas - Pablo José Hernández Rivera
campaign · campaign_site · model gpt-5.4-mini

Con el Territory Economic Development Tax Credit Act (TEDTCA), las empresas estadounidenses que operan en Puerto Rico recibiredan un cre9dito del 40% por los salarios y beneficios que paguen a sus empleados en la isla. Ademe1s, se ofrecereda un cre9dito del 25% por inversiones tangibles, como la compra de equipo y la construccif3n de nuevas instalaciones.

Candidate backs a territorial tax credit for wages, benefits, and capital investment.

Propuestas - Pablo José Hernández Rivera
campaign · campaign_site · model gpt-5.4-mini

Hernández urged the Ways and Means Committee to consider legislation such as the Territorial Economic Recovery Act and said Puerto Rico needs additional incentives; he stated that the phaseout of Section 936 triggered an economic recession and Puerto Rico's eventual bankruptcy.

Official office statement showing he publicly promoted modern tax incentives for Puerto Rico and explicitly endorsed the Territorial Economic Recovery Act as a policy approach similar to Section 936.

partial same_term A for effort

Puerto Rico Congressman Urges Ways & Means Committee to Explore Modern Tax Incentives to Fuel Economic Development in Puerto Rico
secondary · model gpt-5.4-mini · confidence 96%

In written testimony, Hernández said Puerto Rico needs additional incentives, that past incentives like Section 936 worked, and that he urged the Committee to explore modern tax incentives. He identified the Territorial Economic Recovery Act as a promising bipartisan initiative that would restore favorable tax treatment for investments in U.S. territories and commonwealths, including Puerto Rico.

Primary congressional testimony documenting active advocacy for Section 936-style incentives and explicit support for the Territorial Economic Recovery Act.

partial same_term A for effort

House Committee on Ways and Means Member Day Hearing Testimony
secondary · model gpt-5.4-mini · confidence 98%

The bill text shows H.R. 363, the Territorial Economic Recovery Act, would amend the Internal Revenue Code to exclude certain amounts from the tested income of controlled foreign corporations and applies to Puerto Rico and other U.S. territories; Congress.gov lists it as introduced and referred to the House Committee on Ways and Means.

Official bill text and status confirm the specific legislation Hernández publicly supported existed and was introduced, but it did not advance beyond referral in the available record.

never same_term

H.R. 363 - Territorial Economic Recovery Act | Congress.gov
secondary · model gpt-5.4-mini · confidence 95%