CONSTRUCTS Act of 2025

House Bill

H.R. 1055

119th Congress

CONSTRUCTS Act of 2025

In Committee

Introduced:Sep 2, 2025

Primary Sponsor

Juan Ciscomani

Representative

Republican

AZ-6

Cosponsors

1

Quick Stats

Policy Area

Taxation

Summary

This bill aims to make it more financially attractive for businesses to invest in and operate in U.S. territories and possessions, such as Puerto Rico, the U.S. Virgin Islands, and Guam. It would treat such investments as domestic rather than foreign, providing tax benefits to encourage economic development in these regions.

Latest Action

Referred to the House Committee on Ways and Means.

SponsorJuan Ciscomani (R-AZ)

Introduced9/2/2025

StatusReferred to the House Committee on Education and Workforce.

ChamberHouse

Data from Congress.gov

See this page through your district lens

Enter ZIP to personalize representatives and vote context.

Stay on top of this issue

Subscribe for weekly bill and representative updates.

Vote Prediction

CONSTRUCTS Act of 2025

This bill aims to make it more financially attractive for businesses to invest in and operate in U.S. territories and possessions, such as Puerto Rico, the U.S. Virgin Islands, and Guam. It would treat such investments as domestic rather than foreign, providin

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill aims to make it more financially attractive for businesses to invest in and operate in U.S. territories and possessions, such as Puerto Rico, the U.S. Virgin Islands, and Guam. It would treat such investments as domestic rather than foreign, providing tax benefits to encourage economic development in these regions.

Bill Number: 1055
Sponsor: Juan Ciscomani (R-AZ)
Introduced: 9/2/2025
Status: Referred to the House Committee on Education and Workforce.
Policy Area: Taxation

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: CONSTRUCTS Act of 2025
Bill Number: 1055
Sponsor: Juan Ciscomani (R-AZ)
Status: Referred to the House Committee on Education and Workforce.
Introduced: 9/2/2025
Summary: This bill aims to make it more financially attractive for businesses to invest in and operate in U.S. territories and possessions, such as Puerto Rico, the U.S. Virgin Islands, and Guam. It would treat such investments as domestic rather than foreign, providing tax benefits to encourage economic dev

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill aims to make it more financially attractive for businesses to invest in and operate in U.S. territories and possessions, such as Puerto Rico, the U.S. Virgin Islands, and Guam. It would treat such investments as domestic rather than foreign, providing tax benefits to encourage economic development in these regions.

Last updated: 12/30/2025

Official Summary

Congressional Research Service summary

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.

Key Points

Main provisions of the bill

Restores favorable tax treatment for investment in U.S. territories and possessions, treating it as domestic rather than foreign investment.
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.
Intended to spur economic growth and development in U.S. territories and possessions through increased business investment.

How This Impacts Americans

Potential effects on citizens and communities

If passed, this bill would directly impact businesses operating in or looking to invest in U.S. territories and possessions. It could lead to increased business activity, job creation, and economic growth in these regions. Residents of U.S. territories and possessions may also benefit from the potential for improved economic opportunities and a stronger local tax base.

Policy Areas

Primary Policy Area

Taxation

Related Subjects

American Samoa

Guam

Income tax exclusion

Northern Mariana Islands

Puerto Rico

Taxation of foreign income

U.S. territories and protectorates

Virgin Islands

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

1055, 119th Congress (2025). "CONSTRUCTS Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-1055

Public Opinions

Community submissions related to this bill.

Share your opinion

No public opinions yet. Be the first to submit one for this bill.

Related Bills in Taxation

HR 1827

Child Care Availability and Affordability Act

Referred to the House Committee on Ways and Means.

HR 2927

All-Americans Tax Relief Act of 2025

Referred to the House Committee on Ways and Means.

HR 2918

Family Business Legacy Act of 2025

Referred to the House Committee on Ways and Means.

S 1481

LOCAL Infrastructure Act

Read twice and referred to the Committee on Finance.