BACK TO BUSINESS

As countries worldwide prepare to re-open their economies, international travel is poised to resume. However, in the absence of globally accepted vaccine regulations and passports, would-be travelers need to navigate a complex and rapidly changing patchwork of vaccine, testing and quarantine requirements, specific to each destination. At the same time, tourism industry players face the challenge of restarting in a vastly changed operational environment.

Join the AmChams of the Asia Pacific (AAP) on October 27 for a regional conference on the immediate issues facing international travel.

LEAP

the Leon Guerrero-Tenorio Administration appropriated $25 million from the American Rescue Plan Act towards the establishment of the Local Employers' Assistance Program (LEAP) to assist businesses in supporting and maintaining employment for local residents.

GUAM SMALL BUSINESS PANDEMIC GRANT

$20 Million has been allocated for this grant and is available on a first-come, first-served basis. There will be $7 million set aside specifically for small businesses that earned $1.5 Million in revenue in 2020 or less for the first 30 days.

BILL NO. 214

Appropriates $25 million from the General Fund to fund the "Local Employers' Assistance Program" (LEAP) Act of 2021 established by Executive Order No. 2021-25. Virtual Public Hearing scheduled for 9:00 am on November 1st.

BILL NO. 215

Seeks to change the commercial leasing of public real property from a five year lease to ten years.

BILL NO. 216

Increases Governor's transfer authority in FY2022 to direct $37.5 million from the General Fund for the "Local Employers' Assistance Program" (LEAP) Act of 2021.