Senator Therese Terlaje pushes for rollback of BPT to 4%

FOR IMMEDIATE NEWS RELEASE (June 9, 2020- Hagåtña, Guam)

Senator Therese Terlaje attempted to amend Bill 323 today to roll back the BPT to 4% for all businesses for two years in an effort to share the benefits of the proposed tax breaks with all families. 

“The rise in the BPT was passed down to many of our families who consumed these goods and services.  If we are looking to provide relief to our working families, then a full roll back of the BPT is a way to do that,” stated Senator Terlaje.

The amendment was ruled “materially different” and out of order by the Speaker.  Senator Therese Terlaje made a motion to attempt to overrule the ruling of the Speaker but that motion did not receive enough votes from the body.