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Legislation introduced in the U.S. Congress may finally solve Guam’s longstanding EITC woes.
EITC, or the Earned Income Tax Credit, is a benefit for working people with low to moderate income. It is applied on Guam but the federal government does not provide funding for it and Guam’s leaders have long been decrying this “unfunded mandate.”
Guam and other territories could get the federal government to pay for earned income tax credit liabilities that are currently paid for by local funds, if a new House of Representatives bill becomes law.
The bill is now awaiting a full House vote, after the Committee on Ways and Means cleared the bill on Thursday.
A new bill in the House of Representatives would provide a federal supplement to the earned income tax credit program to millions of American citizens and residents in Puerto Rico, Guam and other U.S. territories.
It took only about five minutes for Congressman Michael San Nicolas’ H.R. 1365 to pass mark-up and be favorably reported for full House discussion.
H.R. 1365 seeks to make technical corrections to the Guam World War II Loyalty Recognition Act so that funds can finally be disbursed for Guam war claims.
Not to be left out, local Republicans also weighed in on the War Claims issue by signaling their support for Congressman San Nicolas' Bill.
With H.R. 1365 having passed its mark-up committee hearing, the bill’s author, Congressman Michael San Nicolas, is confident that it will eventually be passed by the whole House when it comes up for a vote.
Payment of Guam's World War II reparations moves closer to reality, after a committee cleared Del. Mike San Nicolas' bill for a full U.S. House of Representatives vote.
It's Gov. Lou Leon Guerrero's choice to continue to pay former Del. Madeleine Bordallo to be her liaison officer, or communicator, in Washington, D.C.
With just a few hours before the mark-up hearing for H.R. 1365 in Washington D.C., Congressman Michael San Nicolas has released a letter from U.S. Treasury Deputy Assistant Secretary Michael DiRoma stating that H.R. 1365 “as currently drafted” would make “amounts in the Claims Fund available for disbursement to Guam World War II victims and survivors.”
The U.S. Department of Treasury said Del. Mike San Nicolas' bill, as currently drafted, would make funds available for payment to Guam's World War II victims and survivors.