Bill
B 118-38
Overview: Bill B 118-38, "AN ACT TO ADD A NEW § 58128.8 TO CHAPTER 58, TITLE 12, GUAM CODE ANNOTATED, RELATIVE TO ESTABLISHING AN UNPLEDGED BUSINESS PRIVILEGE TAX REBATE ON MEDICAI
Overview: Bill B 118-38, "AN ACT TO ADD A NEW § 58128.8 TO CHAPTER 58, TITLE 12, GUAM CODE ANNOTATED, RELATIVE TO ESTABLISHING AN UNPLEDGED BUSINESS PRIVILEGE TAX REBATE ON MEDICAID RECEIPTS, TO BE KNOWN AS THE "GUAM MEDICAID ACCESS ENHANCEMENT ACT."
Purpose and Intent: The main purpose of this bill is to establish a business privilege tax rebate program for healthcare providers who serve Medicaid patients on Guam. This is intended to incentivize more providers to participate in the Medicaid program and improve access to healthcare for Medicaid beneficiaries.
Key Provisions:
- Adds a new § 58128.8 to Chapter 58, Title 12 of the Guam Code Annotated
- Establishes an "Unpledged Business Privilege Tax Rebate on Medicaid Receipts" program
- Allows healthcare providers to receive a rebate on their business privilege tax for a percentage of their Medicaid receipts
- Sets the rebate percentage at 50% of the business privilege tax paid on Medicaid receipts
Affected Parties and Impacts:
- Healthcare providers who serve Medicaid patients on Guam will be eligible for the business privilege tax rebate
- Medicaid beneficiaries on Guam may have improved access to healthcare services as more providers participate in the program
- The government of Guam will forgo a portion of business privilege tax revenue to fund the rebate program
Procedural and Timeline Considerations:
- The bill has been introduced in the 38th Guam Legislature
- If passed, the tax rebate program would go into effect at the start of the next fiscal year
Compiled from official sources — confirm details with the bill’s official record.
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