The Guam Legislature passed bills to reduce the Business Privilege Tax for small businesses, update the derelict structure law and refinance Guam Power Authority bonds.
Corrections & Clarifications: This story has been updated to reflect that Bill 202 was introduced by Sen. Mary Camacho Torres and advanced at the legislative session on Feb. 22.
Bills to roll business privilege taxes for certain small businesses back to 3% and issue $10,000 fines to owners of unsafe derelict buildings will be up for debate at the
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