H.R. 10236 — Introduced in House

I 118th CONGRESS 2d Session H. R. 10236 IN THE HOUSE OF REPRESENTATIVES November 21, 2024Mrs. Radewagen introduced the following bill; which was referred to the Committee on Ways and Means A BILL To permanently extend the American Samoa economic development tax credit. 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 (26 U.S.C. 30A note) is amended— (1) in paragraph (1)— (A) by striking first 16, and (B) by striking and before January 1, 2022, and (2) in paragraph (2)— (A) by striking first 10, and (B) by striking and before January 1, 2022. (b) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2021.