1. Short title This Act may be cited as the Tax Equity and Prosperity for Puerto Rican Families Act of 2019 . 2. Earned income credit expansion for puerto rico (a) In general Subsequent to an amendment of the Puerto Rico Internal Revenue Code of 2011 expanding the earned income credit added by Act 257–2018 in a manner that both reduces poverty and encourages labor force participation, the Secretary of the Treasury shall make annual payments to Puerto Rico in the amount determined under subsection (b). Such payments shall be made only if Puerto Rico provides to the Secretary of the Treasury— (1) a report prepared by the Secretary of the Treasury of Puerto Rico of the estimated cost of such expansion in the first year that the expanded earned income credit will be paid by Puerto Rico