{"data":{"id":"us-gu/12-gca-771506","jurisdiction":"us-gu","citation":"12 GCA § 771506","heading":"Program Caps and Sunset Provision.","body":"(a) The aggregate value of all incentives issued under this Article shall not exceed Five Million Dollars ($5,000,000) per fiscal year.\n(b) Unused credits, not exceeding Two Hundred Fifty Thousand Dollars ($250,000), may be carried forward for one (1) additional fiscal year.\n(c) No single applicant or affiliated group shall receive incentives exceeding the per-applicant cap established pursuant to § 771504(b) of this Article.\n(d) This Article shall expire five (5) years after enactment unless reauthorized by I Liheslaturan Guåhan.\n(e) GEDA shall submit a comprehensive evaluation to I Maga’håga/Maga’låhi and I Liheslaturan Guåhan six (6) months before sunset, including total incentives issued by type, private investment leveraged, jobs created, geographic distribution, and measurable tourism or business impact indicators.","path":["Title 12: Autonomous Agencies","Division 2 - Economic Development","Chapter 77: Special Projects and Activities of the Guam Economic Development Authority","ARTICLE 15: ENHANCING TOURISM AESTHETICS PROGRAM"],"source_url":"https://col.guamcourts.gov/sites/default/files/12gc077_Q.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:26:28Z","sha256":"c31cbb7bf4b2fbff1505ac427a794fecf0b045f2188f95c7f767daea81701b19","source_id":"us-gu","stale":false,"prev":"us-gu/12-gca-771505","next":"us-gu/12-gca-771507"},"notice":"GroundRules: Original legal text. Not legal advice."}