Puerto Rico and Virgin Islands Equitable Rebuild Act of 2017

establishes several grant programs to promote energy efficiency and renewable energy;

subject to specified oversight requirements, increases funding for transportation infrastructure, telecommunications systems, housing, and community development;

increases funding for the Medicaid and Medicare programs;

temporarily increases social-services block-grant allotments;

increases funding for, and otherwise revises, rural and agricultural programs;

increases funding for the Department of Veterans Affairs;

provides for aid to the Head Start program, elementary and secondary education programs, and higher education programs;

increases funding for training and employment services;

modifies provisions concerning the earned-income tax credit, the child tax credit, and unemployment assistance;

increases funding for economic and community development programs;

increases funding for environmental remediation; and

otherwise modifies provisions related to emergency funding and disaster-recovery assistance.

In addition, the bill:

extends Medicaid waiver authority to all territories, provides for Medicaid disproportionate share hospital allotments to the territories, and otherwise revises the Medicaid and Medicare programs with respect to the territories;

extends participation in the Supplemental Nutrition Assistance Program to all territories;

modifies provisions concerning the application of certain workers' protections in Puerto Rico; and

requires the Federal Emergency Management Agency (FEMA) to submit to Congress a long-term disaster-relief plan with respect to Puerto Rico and the U.S Virgin Islands.