I am opposed in its current form. The SPEAKER pro tempore. The Clerk will report the motion to recommit. The Clerk read as follows: Mr. Nadler moves to recommit the bill H.R. 3823 to the Committee on Ways and Means with instructions to report the same back to the House forthwith with the following amendment: Page 58, strike lines 6 through 13, and insert the following: (1) Payments to possessions.-- (A) United states virgin islands.--The Secretary of the Treasury shall pay to the United States Virgin Islands amounts equal to 400 percent of the loss in revenues to the United States Virgin Islands by reason of this title (determined without regard to this subsection and subsection (e)). Such amounts shall be determined by the Secretary of the Treasury based on information provided by the United States Virgin Islands. (B) Commonwealth of puerto rico.--The Secretary of the Treasury shall pay to the Commonwealth of Puerto Rico amounts equal to the per capita equivalent of amounts paid to the United States Virgin Islands under subparagraph (A). For purposes of the preceding sentence, the term ``per capita equivalent'' means the ratio of-- (i) the population of the Commonwealth of Puerto Rico, determined on the basis of the most recent census estimate released by the Bureau of Census before September 4, 2017, divided by (ii) the population of the United States Virgin Islands, as so determined.…
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I claim the time in opposition to the amendment, even though I am not opposed to it. The CHAIR. Without objection, the gentleman from New York is recognized for 5 minutes. There was no objection.
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