All Roll Calls
Yes: 0 • No: 0
GuamBill No. 109-38 (COR)38th Guam Legislature (2025-2026)legislatureWALLET
AN ACT TO AUTHORIZE THE PORT AUTHORITY OF GUAM TO GRANT A DOLLAR-FOR-DOLLAR OFFSET AGAINST LEASE PAYMENTS FOR TENANTS WHO INVEST IN TANGIBLE, DOCUMENTED IMPROVEMENTS TO PORT PROPERTY THAT PROVIDE HIGH VALUE TO THE COMMUNITY OR ENHANCE PORT OPERATIONS; AND TO ESTABLISH A STREAMLINED PROCESS FOR IMPLEMENTATION.
Sponsored By: Jesse A. Lujan (Republican)
Became Law
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Lease credits for Port tenants' upgrades
The Port Authority of Guam grants dollar-for-dollar lease credits to tenants that build approved, permanent upgrades on Port property or adjacent Port-controlled areas. Projects must show high value to the community or clearly improve Port operations, and costs must be documented and verified. Your credit equals the smaller of your verified costs or your remaining lease obligation. Credits apply to future rent, may be applied monthly or yearly, are not transferable, and are not retroactive without Port approval. Tenants with leases already in effect on the law’s effective date can also use this program.
What projects qualify and how to apply
Only permanent, permitted projects on Port property or adjacent Port-controlled areas qualify. Work must improve function, capacity, safety, environmental performance, or economic use. You must keep receipts, contractor invoices, permits, and a completion report. Before work, send a written eligibility request; if approved, sign an Offset Agreement with scope, costs, limits, and a timeline. After completion, submit proof; the Port engineering team verifies the work and costs, keeps records, and reports each year to its Board and Liheslaturan Guåhan.
Sponsors & Cosponsors
Sponsor
Jesse A. Lujan
Republican • legislature
Cosponsors
Christopher M. Dueñas
Republican • legislature
V. Anthony Ada
Republican • legislature
Roll Call Votes
legislature vote • 6/3/2025
Floor Vote
Yes: 0 • No: 0
Actions Timeline
Referred to committee
4/9/2025legislatureIntroduced as Bill No. 109-38 (COR)
4/9/2025legislatureEnacted into law
GovernorTransmitted to Governor
legislatureCommittee report filed
legislature
Bill Text
Introduced
4/9/2025
Committee Report
Enrolled (Public Law)
Transmittal
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