Bill No. 3-37 (COR)

AN ACT TO AMEND SECTION 2 OF PUBLIC LAW 34-116 §26202 OF CHAPTER 26, TITLE 11, GUAM CODE ANNOTATED RELATIVE TO REDUCING THE BUSINESS PRIVILEGE TAX FROM FIVE PERCENT (5%) TO FOUR PERCENT (4%). ALL LIMITED EXEMPTIONS ON THE BUSINESS PRIVILEGE TAX IN §26203.2 OF CHAPTER 26 TITLE 11, GUAM CODE ANNOTATED REMAIN IN EFFECT AND ARE NOT CHANGED BY THIS ACT.