The HOD passed on third and final reading the proposed Fiscal Year 2011 budget and approval of the new tax measures will generate local revenues of at least $36 million.
The delegates proposes in its version of the FY2010 budget that the government impose a 35 percent increase in water utility charges and anadditionalimport tax of three percent tax a two percent increase in taxes on wages and salary earning beyond $25,000.
The HOD also supported a proposed scuba diving fee of $5 per day of diving.
A hotel room tax increase offive percent, departure tax increase of two percent and port use fees of nine percent.
The House said that this revenue enhancing measures will have minimal or no significant in the citizens and residents of Palau.
These new measures are projected to raise no less than $2 million in additional local revenues.
The proposed budget of the House increased to over $58 million from Toribiong’s recommended $54 million financial package.
