The Education Stabilization Fund of the CARES Act set aside over $153M for the insular territories to provide relief and support forCOVID-19 education-related activities. Guam is set to receive a total of $54,021,960, based on the island’s student-aged population and poverty levels.
In a letter addressed to all Senators of the 35th Guam Legislature, Congressman San Nicolas is asking for legislative oversight of the expenditure of local funds that seek federal reimbursement.
"This second round of funding will bring more healthcare dollars into Guam, and will dedicate $30 Billion in Small Business Loans to smaller jurisdictions which helps Guam have better access to the Paycheck Protection Program," stated Congressman San Nicolas.
The bill includes:
The House of Representatives is set to vote this week on a Senate package to provide additional funding for the Paycheck Protection Program (PPP) administered by the Small Business Administration (SBA). The package totals $310 billion in additional PPP funding.
Congressman San Nicolas transmits Freedom of Information (FOIA) request to Rev and Tax on stimulus processing
At close of business on April 22, 2020, Congressman San Nicolas transmitted a FOIA to the Department of Revenue and Taxation (DRT) seeking operational clarity on processing Economic Impact Payments (EIP)
If you are a bona fide resident of Guam, and you generally do not file an income tax return because your income was too low or you had no income that would require a tax filing (therefore, you did not file a return for either tax year 2018 or 2019), you MUST complete the Form EIP-NF provided by the Guam Department of Revenue and Taxation (DRT). Those individuals receiving retirement and disabil
Federally funded pay increases for essential employees in discussion
Senate Democrats are floating proposals collectively referred to as the HEROES Act to pay essential employees across the country up to $13/hour on top of their regular pay, capped at a $25,000 salary increase to the end of 2020.
War Claims Payments enters final stages for adjudicated claims.
GovGuam poised to receive $141.5mm in CARES funding; Congressman urges payment of tax refunds.
The Government of Guam is slated to receive the largest single sum in direct funding from the federal government in history, to support operations as a result of COVID-19.