Sec. 875. SMALL BUSINESS CONTRACTING CREDIT FOR SUBCONTRACTORS THAT ARE PUERTO RICO BUSINESSES OR COVERED TERRITORY BUSINESSES
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## SEC. 875 SMALL BUSINESS CONTRACTING CREDIT FOR SUBCONTRACTORS THAT ARE PUERTO RICO BUSINESSES OR COVERED TERRITORY BUSINESSES Section 15(x) of the Small Business Act (15 U.S.C. 644(x)(1)) is amended— ####
(1)in the subsection heading, by adding “and Covered Territory Businesses” after “Puerto Rico Businesses”; ####
(2)in paragraph (1)— #####
(A)by inserting “or a covered territory business, or a prime contractor awards a subcontract (at any tier) to a subcontractor that is a Puerto Rico business or a covered territory business,” after “Puerto Rico business”; #####
(B)by inserting “or subcontract” after “the contract”; and #####
(C)by striking “subsection (g)(1)(A)(i)” and inserting “subsection (g)(1)(A)”; and ####
(3)by adding at the end the following new paragraph: > > #### “(3) Covered territory business defined > > In this subsection, the term ‘covered territory business’ means a small business concern that has its principal office located in one of the following: > > > ##### “(A) > > The United States Virgin Islands. > > > ##### “(B) > > American Samoa. > > > ##### “(C) > > Guam. > > > ##### “(D) > > The Northern Mariana Islands.” > .
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Sec. 875
SMALL BUSINESS CONTRACTING CREDIT FOR SUBCONTRACTORS THAT ARE PUERTO RICO BUSINESSES OR COVERED TERRITORY BUSINESSES
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