This bill amends federal small business contracting law to extend and modify a tax credit benefit for businesses located in Puerto Rico and other covered U.S. territories. The legislation changes the timeline for when contract credits count double toward federal small business goals, starting 90 days after the bill's enactment and lasting for three years instead of the currently authorized four-year period. The bill affects federal contracting agencies and small businesses in Puerto Rico and designated covered territories that compete for government contracts. The legislation does not specify new funding amounts but adjusts the duration of an existing incentive program designed to encourage federal contracting with businesses in these economically developing regions.