Bills would make 3% BPT permanent for small businesses
Bills would make 3% BPT permanent for small businesses Gov. Lou Leon Guerrero announced at her State of the Island Address Monday that she’d sign a bill removing the sunset provision on a law temporarily reducing business privilege tax for small businesses. Senators on both sides of the aisle on Tuesday presented two separate measures seeking to make the business privilege tax rate for small businesses 3%. Sens. James Moylan, Tony Ada and Chris Duenas introduced Bill 72. Vice Speaker Tina Muña Barnes and Sens. Joe San Agustin, Jose "Pedo" Terlaje, Clynt Ridgell and Mary Torres introduce...