Child Tax Credit Relief for Puerto Rican Families Act

This bill allows residents of Puerto Rico to claim the refundable portion of the federal child tax credit, which they are currently excluded from. It amends the tax code to include Puerto Rico residents in the calculation of this credit, removing their current exclusion. The key change modifies Section 24(d)(1) of the Internal Revenue Code to treat Puerto Rico as eligible for the refundable credit, similar to U.S. states. The changes take effect for tax years beginning after December 31, 2024, directly benefiting Puerto Rican families who qualify for the credit.