The total amount of credits against Business Privilege Taxes for the design and construction of the soccer stadium and facilities authorized herein shall not exceed One Million Two Hundred Thousand Dollars ($1,200,000). The development of soccer facilities in the southern part of the island shall be funded using

COL 8/23/2023

12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 77 SPECIAL PROJECTS AND ACTIVITIES OF THE GUAM ECONOMIC DEVELOPMENT AUTHORITY

additional tax credits and/or matching funds secured.

SOURCE: Added by P.L. 27-085:3 (Apr. 30, 2004). Amended by P.L. 30-
003:7 (Mar. 13, 2009), P.L. 30-101:15 (Mar. 12, 2010), P.L. 31-
233:XII:13(a) (Sept. 7, 2012).

NOTE: Effective July 17, 2007, reference to Gross Receipts Tax (GRT), amended to Business Privilege Tax (BPT), pursuant to P.L. 29-002:VI:28 (May 18, 2007).