Such rights shall be accompanied by the same responsibilities, including the immediate initiation of full payment of Federal taxes in the same manner as residents of the other States. In the event that Puerto Rico becomes a State of the United States, the provisions of chapter 2205 of title 36, United States Code, relating to the exclusive existence of a single United States Olympic Committee shall apply to Puerto Rico. (D) On admission, Puerto Rico will no longer be considered to be a possession of the United States for purposes of the Internal Revenue Code of 1986 (or any successor code). In lieu of such consideration as a possession, the State of Puerto Rico will become a State on equal footing with each of the 50 States in the United States. Individuals and businesses residing in the State of Puerto Rico will be subject to United States Federal tax laws and to tax laws of the State of Puerto Rico. (4) Commonwealth-Estado Libre Asociado If you agree, mark here _________. (A) A vote for Commonwealth-Estado Libre Asociado shall be a mandate to empowerment of the Commonwealth of Puerto Rico in accordance with the principles and parameters described in subparagraphs (B) through (E). (B) The Commonwealth of Puerto Rico shall be united to the United States by a formal compact of political autonomy. The compact shall have the character of a permanent relationship and shall establish, as public policy of the United States, that any modification to the relationship shall be approved by the people of Puerto Rico by referendum. (C) United States citizenship of individuals born in the Commonwealth of Puerto Rico shall be guaranteed and protected as provided in the United States Constitution. The application, protections, and rights associated with citizenship shall be equal to the protections and rights of citizens born in the States of the United States of America. (D) Federal laws and programs shall apply to the Commonwealth of Puerto Rico in accordance with the provisions of the autonomous compact. However, if the