disaster was declared by the President under section 401 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act by reason of the earthquakes occurring in or near Puerto Rico beginning on December 28, 2019, and ending on the date which is 60 days after the date of the enactment of this Act, and (2) which was determined by the President to warrant individual or individual and public assistance from the Federal Government under such Act by reason of such earthquakes. 103. Child tax credit for Puerto Rico and other possessions of the United States (a) Puerto Rico (1) Same treatment of families in Puerto Rico with one child or two children that is currently provided to families in Puerto Rico with three or more children Section 24(d) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: (4) Residents of Puerto Rico In the case of an individual who is a bona fide resident of Puerto Rico (within the meaning of section 937(a)) for the taxable year, paragraph (1)(B)(ii) shall be applied by substituting 1 or more qualifying children for 3 or more qualifying children . . (2) Effective date The amendment made by paragraph (1) shall apply to taxable years beginning after December 31, 2019. (b) Mirror code possessions The Secretary of the Treasury shall pay to each possession of the United States with a mirror code tax system amounts equal to the loss to that possession by reason of the application of section 24 of the Internal Revenue Code of 1986 with respect to taxable years beginning after 2019. Such amounts shall be determined by the Secretary of the Treasury based on information provided by the government of the respective possession. (c) American Samoa The Secretary of the Treasury shall pay to American Samoa amounts estimated by the Secretary of the Treasury as being equal to the aggregate benefits that would have been provided to the residents of American Samoa by reason of the application of section 24 of such Code for taxable years beginning after 2019 if