This bill proposes to make the American Samoa economic development tax credit a permanent provision within the tax code. It accomplishes this by amending Section 119(d) of the Tax Relief and Health Care Act of 2006, which currently includes specific sunset clauses for the credit. The legislation strikes language that limits the credit's duration, effectively removing its scheduled expiration. This ensures that the economic incentive for businesses in American Samoa will continue indefinitely, with the amendments applying to taxable years beginning after December 31, 2021 .