To permanently extend the American Samoa economic development tax credit.

This bill permanently extends a tax credit for businesses in American Samoa that support economic development. It removes the previous expiration date (which would have ended on January 1, 2022) from the existing tax credit program. The credit now applies to all qualifying businesses in American Samoa for future tax years, effective after December 31, 2021. This change directly affects businesses operating in American Samoa that meet the credit's requirements.