To amend the Internal Revenue Code of 1986 to provide for payments to possessions of the United States related to the application of the earned income tax credit in such possessions.

This bill directs the Department of the Treasury to make payments to specified U.S. possessions (i.e., Puerto Rico, the U.S. Virgin Islands, Guam, the Commonwealth of the Northern Mariana Islands, and American Samoa), beginning in 2020 and each calendar year thereafter, for expenditures made by such possessions relating to the earned income tax credit.