1. Short title
This Act may be cited as the “Small Business Contracting Credit Act of 2019”.
Small Business Contracting Credit Act of 2019
A BILL
To amend the Small Business Act to give small business contracting credit for subcontractors that are Puerto Rico businesses, and for other purposes.
2. Small business contracting credit for subcontractors that are Puerto Rico businesses
Section 15(x)(1) of the Small Business Act (15 U.S.C. 644(x)(1)) is amended—
by inserting “, or a prime contractor awards a subcontract (at any tier) to a subcontractor that is a Puerto Rico business,” after “Puerto Rico business”;
by inserting “or subcontract” after “the contract”; and
by striking “subsection (g)(1)(A)(i)” and inserting “subsection (g)(1)(A)”.