H.R. 399 — To permanently extend the American Samoa economic development tax credit.

H.R. 399 — To permanently extend the American Samoa economic development tax credit. | JustPolicyThe purpose of this legislation is to make the economic development tax credit for American Samoa a permanent feature of the tax code. This credit is designed to encourage investment and economic growth in American Samoa, a U.S. territory that faces unique economic challenges. The key provisions of this legislation include changes to existing tax law that remove expiration dates for the American Samoa economic development tax credit.