H.R. 399

119th CONGRESS 1st Session

To permanently extend the American Samoa economic development tax credit.

IN THE HOUSE OF REPRESENTATIVES · January 14, 2025 · Sponsor: Mrs. Radewagen · Committee: Committee on Ways and Means

Table of contents

• H.R. 399
  • SEC. 1. American Samoa economic development tax credit made permanent

SEC. 1. American Samoa economic development tax credit made permanent

• (a) In general
  • Section 119(d) of division A of the Tax Relief and Health Care Act of 2006 ( note) is amended— 26 U.S.C. 30A
    • in paragraph (1)—
      • by striking , and
    • in paragraph (2)—
      • by striking , and
      • by striking .
• (b) Effective date
  • The amendments made by this section shall apply to taxable years beginning after December 31, 2021.