HR 10236 · 118th Congress · Taxation

To permanently extend the American Samoa economic development tax credit.

Introduced 2024-11-21· Sponsored by Del. Radewagen, Aumua Amata Coleman [R-AS-At Large]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2024-11-21)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10236 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10236 To permanently extend the American Samoa economic development tax credit. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 21, 2024 Mrs. 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 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 sectio…

Summarized by Claude AI · Non-partisan · For informational purposes only