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Bill to exempt prescription drugs from Guam’s BPT wins broad pharmacy support, raises fiscal questions
Summary
Bill 101‑38, introduced by Senator Jesse A. Luhan, would expand the business privilege tax exemption list to include prescription drugs; pharmacy owners and clinicians urged passage while DRT and hospital officials raised implementation and fiscal concerns.
Bill 101‑38, introduced by Senator Jesse A. Luhan, would expand the business privilege tax exemption list to include prescription drugs. The committee heard extensive testimony from pharmacists, pharmacy owners, clinicians and agency officials April 24.
"This legislation is grounded in a shared belief that our people deserve better access to health care," said Senator Jesse A. Luhan in his opening remarks. Luhan framed the bill as a public‑health measure intended to lower out‑of‑pocket costs for patients and support local pharmacies.
Pharmacists and pharmacy owners testified in strong support. Arthur S. Mariano, a pharmacist, noted World Health Organization guidance recommending tax exemptions for medicines…
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