Guam Bill No. 128-35 (LS) Public Law 35-39: An Act… Supporting the Administration of Guam Registered Apprenticeship Program

Bill No. 128-35 (LS) Public Law 35-39: An Act to Amend Article 1 of Chapter 10, Title 22, Guam Code Annotated, Relative to Supporting the Administration of Guam Registered Apprenticeship Program and Extending the Tax Credit Sunset Provision of Said Program for an Additional Period of Five (5) Years

“Therefore, it is the intent of I Liheslaturan Guahan to extend the tax credit sunset provision for the GRAP [Guam Registered Apprenticeship Program] for an additional period of five (5) years, and to further support the Department of Labor in administering this program by establishing a two and one-half percent (2.5%) administration fee for the participants availing themselves of the GRAP tax credits by amending Article 1 of Chapter 10, Title 22, Guam Code Annotated.”