{"data":{"id":"us-gu/12-gca-58127.6","jurisdiction":"us-gu","citation":"12 GCA § 58127.6","heading":"Development of Affordable Housing.","body":"All taxes levied by virtue of Article 2, Chapter 26, Title 11, Guam Code Annotated, known as business privilege taxes, shall be abated for a period up to twenty (20) years from the effective date of the Qualifying Certificate therefor, for those gross receipts derived from the construction of affordable housing; provided, that a Qualifying Certificate for such a tax abatement is granted pursuant to the provisions of this subsection. The Beneficiary may be a developer, contractor or subcontractor or a combination of two (2) or more thereof so long as all the receipts the subject of the abatement are derived from the construction of no less than twenty-five (25) affordable housing units, as “affordable housing” is defined by the Authority.","path":["Title 12: Autonomous Agencies","Division 2 - Economic Development","Chapter 58: Qualifying Certificates","ARTICLE 1: QUALIFYING CERTIFICATES PROGRAMS"],"source_url":"https://col.guamcourts.gov/sites/default/files/12gc058.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:24:38Z","sha256":"90162f85dc67079ec6e5692e595be37ebb42e343f4e215f1c2b7f448e2c529f7","source_id":"us-gu","stale":false,"prev":"us-gu/12-gca-58127.5","next":"us-gu/12-gca-58128"},"notice":"GroundRules: Original legal text. Not legal advice."}