Title 12 — Autonomous Agencies

Memorial Hospital Authority. (a) The total amount of credits against unpledged business privilege taxes for medical equipment needs of the GMHA authorized herein shall not exceed Five Million Dollars ($5,000,000) over a five (5)-year period. No more than Five Hundred Thousand Dol…

The Guam Economic Development Authority shall submit a report to I Liheslaturan Guåhan detailing the impact of the program on the unpledged business privilege taxes and economic activities on Guam. GEDA shall also include in its report its monitoring efforts and any other informa…

GEDA shall implement and monitor the tax credit program authorized pursuant to this Article based on rules and regulations already adopted by GEDA for previous tax credit programs and any additional rules and regulations adopted specifically for this program.

GEDA or its designee shall be responsible for approving the contributions made towards the purchase of required medical equipment for the GMHA as identified in this Article. SOURCE: Added by P.L. 35-138:2 (Jan. 16, 2021), effective on October 1, 2021 pursuant to P.L. 35-138:3. Am…

(a) To the extent that a business providing required medical equipment for the program claims more tax credits in terms of unpledged business privilege taxes than the actual value of the medical equipment contributed to the program, that business shall be required to pay all inte…

The provisions of this Article are applicable to the repair and rehabilitation of the Southern High School Auditorium as authorized by this Act.

For the purposes of this Article, the repair and rehabilitation of the Southern High School Auditorium shall be prioritized as follows: (a) the repair of the air conditioning system or replacement of the air conditioning system if it is determined to be beyond repair; and (b) the…

(a) A business, to the extent that such business contributes to the cost of the labor, materials, construction, and/or the design for the repair and rehabilitation of the Southern High School Auditorium, as identified and approved by the Guam Economic Development Authority (GEDA)…

School Auditorium. (a) The total amount of credits against unpledged business privilege taxes for the repair and rehabilitation of the Southern High School Auditorium shall not exceed One Million Dollars ($1,000,000) over a two (2) year period. No more than Five Hundred Thousand …

GEDA shall submit a report to I Liheslaturan Guåhan detailing the impact of the program on the business privilege taxes and economic activities on Guam. GEDA shall also include in its report its monitoring efforts and any other information related to the program. The report shall…

GEDA shall implement and monitor the tax credit program authorized pursuant to this Article based on rules and regulations already adopted by GEDA for previous tax credit programs.

GEDA, or its designee, shall be responsible for approving the contributions made towards the labor, materials, construction and/or the design for the repair and rehabilitation of the Southern High School Auditorium pursuant to this Article, and to process tax credits pursuant to …

(a) The Guam Department of Education shall have the regulatory oversight, and the authority to approve the repair and rehabilitation plan of the Southern High School Auditorium pursuant to this Article, along with the selection of the contributors, based on criteria established b…

To the extent that a company providing materials and services for the project contained herein takes more tax benefits in terms of unpledged business privilege or excise taxes than the actual value of the materials or services contributed to the project authorized herein, that co…

(a) I Liheslaturan Guåhan finds that the Guam National Tennis Federation (GNTF) developed, constructed, and operates a tennis center known as the Guam National Tennis Center (GNTC) at the Department of Parks and Recreation’s Guam Sports Complex in Dededo (Dededo Sports Complex) t…

(a) “Guam National Tennis Federation” shall mean the Guam National Tennis Federation, also known as GNTF. (b) “Facilities” shall mean the Guam National Tennis Federation Center, including all tennis courts, buildings, walkways, and parking areas located at the Department of Parks…

(a) To the extent that any business contributes to the actual cost of construction, development, upgrade, repair, or maintenance, or the debt service currently owed for the cost of the same, of the Guam National Tennis Federation Center facilities, such business shall be entitled…

Repair, or Maintenance of the Guam National Tennis Federation Facilities. (a) The total amount of credits against unpledged business privilege taxes for the construction development, design, repair, or maintenance of the Guam National Tennis Federation facilities shall not exceed…

Unless a contractor, material supplier, designer, or landlord/lesser has direct involvement in the operations of the Guam National Tennis Federation facilities as a director, officer, manager, employee, representative or agent of the Guam National Tennis Federation, they shall no…

To the extent that a company providing materials and services for the project contained herein takes more tax benefits in terms of business privilege taxes than the actual value of the materials or services contributed to the project authorized herein, that company shall be requi…

(a) As a condition for the Guam National Tennis Federation and its contributors to be entitled to the tax benefits of the program established in this Article, the Guam National Tennis Federation shall allocate time during which the public may utilize the Guam National Tennis Cent…

The Guam National Tennis Federation and the Department of Youth Affairs shall work in partnership to host two (2) annual tennis clinics per year to the clients of the Department of Youth Affairs. Department of Youth Affairs shall lead the partnership to ensure that such annual te…

(a) The Guam National Tennis Federation shall annually submit a copy of the financial statement required in § 14102 of Chapter 14, Title 18 GCA to the Speaker of I Liheslaturan Guåhan, the Public Auditor, and the Administrator of GEDA. (b) The Guam National Tennis Federation must…

GEDA shall submit a report to I Liheslaturan Guåhan detailing the impact of the program on the business privilege taxes, sports, and economic activities on Guam. GEDA shall also include in its report its monitoring efforts and any other information related to the program. The rep…

The Guam Economic Development Authority shall implement and monitor the tax credit program authorized pursuant to this Article based on rules and regulations already adopted by GEDA for previous tax credit programs. ARTICLE 14 TAX CREDITS FOR THE REHABILITATION AND IMPROVEMENTS O…

The provisions of this Article are applicable to the football fields operated by the Guam National Youth Football Federation (GNYFF), as authorized by this Article, and shall include those under the jurisdiction of the municipal planning council of the respective village the fiel…

(a) A business, to the extent that such business contributes to the cost of design, labor, and materials that is for the rehabilitation and improvements of the football fields operated by the GNYFF, as identified, and approved by the Guam Economic Development Authority (GEDA), sh…

Football Fields Operated by the Guam National Youth Football Federation. (a) The total amount of credits against unpledged business privilege taxes pursuant to § 771402 of this Article for the rehabilitation and improvements of the football fields operated by the GNYFF authorized…

(a) A business, to the extent that such business contributes to the cost of design, labor, and materials that are for the rehabilitation and improvements of the football fields operated by the GNYFF, as identified, and approved by the Guam Economic Development Authority (GEDA), s…

Operated by the Guam National Youth Football Federation.

GEDA shall submit a report to I Liheslaturan Guåhan detailing the impact of the program on the business privilege taxes, excise taxes, and economic activities in Guam. GEDA shall also include in its report its monitoring efforts and any other information related to the program. T…

The Guam Economic Development Authority shall implement and monitor the tax credit program authorized pursuant to this Article based on rules and regulations already adopted by GEDA for previous tax credit programs; and shall process the tax credits pursuant to § 771402 and § 771…

(a) GEDA or its designee, in coordination with the GNYFF, shall be responsible for approving the contributions made towards the development, construction, financing, maintenance, rehabilitation, and improvements of the football fields operated by the GNYFF, as identified in this …

(a) To the extent that a company providing materials and services for the project contained herein takes more tax benefits in terms of unpledged business privilege taxes or excise taxes than the actual value of the materials or services contributed to the project authorized herei…

The Guam Economic Development Authority shall not accept any requests for tax credits, pursuant to this Article, until the GNYFF submits a viable development plan for the fields proposed for said development. ARTICLE 15 ENHANCING TOURISM AESTHETICS PROGRAM SOURCE: Entire Article …

This Article shall be cited as the “Enhancing Tourism Aesthetics Program” (hereinafter referred to as the Program). COL 2026-05-05

For purposes pursuant to Article 4 of this Chapter: (a) “Agency” means the Guam Economic Development Authority (GEDA). (b) “Qualified Business” or “Qualified Commercial Structure” means any commercial entity operating on Guam that: (1) Is current on all tax obligations to the Gov…

The Program shall apply island-wide to qualified commercial structures that are visible to the public and contribute to Guam’s tourism image and community environment. GEDA shall assign priority consideration to projects located within designated tourism and village revitalizatio…

(a) A qualified business may apply for tax incentives on qualified improvements pursuant to this Article under one or more of the following categories, subject to verification and fiscal caps: (1) Business Privilege Tax Credit: A credit against the unpledged portion of the Busine…

(a) A qualified business shall submit an application to GEDA prior to commencing construction, including project description, cost estimates, timeline, renderings, proof of tax compliance, and, if applicable, written consent from the property owner. (b) GEDA shall evaluate based …

(a) The aggregate value of all incentives issued under this Article shall not exceed Five Million Dollars ($5,000,000) per fiscal year. (b) Unused credits, not exceeding Two Hundred Fifty Thousand Dollars ($250,000), may be carried forward for one (1) additional fiscal year. (c) …

GEDA and the Department of Revenue and Taxation (DRT) may recapture any incentives if improvements are incomplete, not maintained for three (3) years, or transferred without approval. Recaptured amounts shall be treated as unpaid tax liabilities.

GEDA shall promulgate rules pursuant to this Article within One Hundred Twenty (120) days from enactment, in consultation with DRT, Department of Administration (DOA), Department of Public Works (DPW), the Mayors’ Council of Guam (MCOG), Guam Historic Preservation Office (GHPO), …

GEDA shall submit an annual report to I Liheslaturan Guahan detailing the applications received, the private investment leveraged, the incentives issued by type, the geographic distribution, and economic impact. A public list of approved applicants shall be published on its offic…

GEDA may allocate up to two percent (2%) of the total value of tax incentives authorized under this Article within each fiscal year for administrative, verification, and reporting expenses. This administrative allocation shall be considered part of the overall annual program’s ca…

If any provision of this Act or its application to any person or circumstance is found to be invalid or inorganic, such invalidity shall not affect other provisions or applications of this Act that can be given effect without the invalid provision or application, and to this end …

The provisions of this Article are applicable to the Guam Raceway Park as authorized by the Act.

To the extent that any business licensed to do business on Guam contributes the cost of design, labor and materials to design and/or construct the Guam Raceway Park, such business must be certified by GEDA to be eligible for any credits against Business Privilege Taxes as authori…

As the Guam Racing Federation having received a license from the Chamorro Land Trust (Trust) to use Trust property for the Guam Raceway Park, the Trust shall not be liable for any claims resulting from the use of such property. Furthermore, consistent with the provisions of § 3 o…

(a) To the extent that any business contributes the cost of design, labor and materials that are for the construction of the Guam Football (Soccer) Association’s soccer stadium and facilities, it shall be entitled to credit of business privilege taxes. The basis for contribution …