Guam lawmakers discuss financial relief bill for families and businesses

On July 7, 2025, the Guam Legislature convened a public hearing to continue discussions on Bill 11-38, aimed at providing financial relief to families and businesses amid rising living costs. This session, led by Senator Christopher M. Duenas, followed an initial hearing held on June 9, 2025, where community members expressed the need for further dialogue on the bill.

The primary focus of Bill 11-38 is to return an estimated $80 to $85 million to taxpayers, allowing them to determine how best to utilize their funds. Senator Sean Gomitata, the bill's author, emphasized that the measure seeks to alleviate financial burdens without increasing taxpayer expenditures. He highlighted the potential benefits of the bill, including enabling businesses to reinvest in their operations, raise employee wages, and expand their workforce.

During the hearing, former Senator Simon Sanchez's remarks were noted for their clarity, summarizing the bill's intent to empower taxpayers rather than increase government spending. The discussions also touched on ongoing conversations regarding adjustments to the Business Privilege Tax (BPT) for various industries, which could further support small businesses by lowering operational costs.

The hearing adhered to strict decorum rules, ensuring that all testimonies remained focused on the bill's substance. As the session progressed, it became clear that the community's input would play a crucial role in shaping the final outcome of the legislation.

In conclusion, the continuation of the public hearing on Bill 11-38 reflects the Guam Legislature's commitment to addressing the economic challenges faced by residents and businesses. The anticipated next steps will involve further community engagement and legislative deliberation, as stakeholders seek to finalize measures that could significantly impact the local economy.