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By
Mar-Vic Cagurangan
Variety News Staff
TAKING a cue
from the administrations plan to raise government service fees as
part of its revenue enhancement strategy, Sen. Adolpho Palacios Sr., D-Ordot/Chalan
Pago, has proposed fee adjustments for banking, alcohol and real estate
brokerage licenses.
Palacios introduction of Bills 88, 89 and 90 brought to six the
number of revenue enhancement measures that he has introduced in the 29th
Legislature.
I will introduce more related bills. This will be a series of bills,
which I broke down from a previous lengthy bill that was introduced in
the 28th Legislature, but was never reported out or publicly heard,
Palacios said.
He was referring to the administration-proposed Bill 199, which sought
to authorize the increase of various fees by 100 to 500 percent.
The old bill proposed to update fees that had not been raised for
more than 25 years and the idea is to recover more than what it costs
the government to provide the services, Palacios told Variety.
By breaking down that huge bill, these various service fee proposals
will have more of a chance to be heard, he added.
Bill 88 authorizes the Department of Revenue and Taxation to reevaluate
the business banking laws and fees and make necessary adjustments
that would more accurately reflect the costs associated with providing
these services.
The department recognized that it has been more than a decade since
the business banking and license fees have been reviewed to more accurately
reflect the costs the government of Guam incurs in providing such services
to the island community, states the bill, which proposes to raise
the banking business license fee from $500 to $5,000. Under the same bill,
the license fee for money lending business would be adjusted from $250
to $1,000.
Bill 89 would raise the real estate broker license fee from $20 to $200
for two-year coverage. The restricted brokers license fee would
increase from $50 to $400 for a four-year period.
Bill 90 would authorize DRT to raise the annual tobacco retailers
license from $40 to $80; and the wholesalers license from $500 to
$1,000.
Meanwhile, Sen. Rory Respicio, D-Agana Heights, urged acting Gov. Mark
Forbes and acting Lt. Gov. Eddie Calvo to act on government fees while
they are temporarily at the helm of the administration.
Gov. Felix P. Camacho is off-island while Lt. Gov. Mike Cruz is on personal
leave.
As senators, acting Gov. Forbes and acting Lt. Gov. Calvo have repeatedly
challenged the administration to address the outdated fee schedules in
the government of Guam, Respicio said.
Now as acting heads of the administration, they are in a position
to take that action themselves.
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