201. Contracting preference for Puerto Rico businesses
Section 15(x) of the Small Business Act (15 U.S.C. 644(x)) is amended—
in the subsection heading, by striking “Small Business Credit” and inserting “Contracting”;
by redesignating paragraph (2) as subparagraph (B) (and conforming the margins accordingly);
by striking “If an agency” and inserting:
“(A) In general—If an agency”
in subparagraph (B), as so redesignated—
by striking “paragraph (1)” and inserting “subparagraph (A)”; and
by striking “paragraph” and inserting “subparagraph”; and
by adding at the end the following new paragraph:
“(2) Contracting preference for Puerto Rico businesses—An agency shall provide a contracting preference for a Puerto Rico business during the period beginning on the date of enactment of this paragraph and ending on the date on which the Oversight Board established under section 101 of the Puerto Rico Oversight, Management, and Economic Stability Act (48 U.S.C. 2121) terminates. The preference under this paragraph shall take priority over any preference for purchasing from the procurement list established pursuant to section 8503 of title 41, United States Code, or the Federal Prison Industries catalog described under section 4124(d) of title 18, United States Code.”