12 GCA § 771304: Cap on Business Privilege Tax Credits for the Construction Development, Design, Repair, or Maintenance of the Guam National Tennis Federation Facilities.

(a) The total amount of credits against unpledged business privilege taxes for the construction development, design, repair, or maintenance of the Guam National Tennis Federation facilities shall not exceed Six Hundred Thousand Dollars ($600,000) over a two (2) year period. No more than Three Hundred Thousand Dollars ($300,000) in tax credits shall be authorized for each year of the program.

(b) If, at the expiration of the three (3) year period authorized pursuant to this Article, there are still unclaimed authorized tax credits, then I Liheslaturan Guåhan, may, in its discretion, extend the eligible period until such time that all eligible tax credits are exhausted.

(c) I Liheslaturan Guåhan may, in its discretion, extend the terms and modify any part of the program based on the needs of the Guam National Tennis Federation.