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B 9-38

AN ACT TO APPROPRIATE FIFTEEN MILLION EIGHT HUNDRED TWENTY-EIGHT THOUSAND DOLLARS ($15,828,000) FROM FISCAL YEAR 2025 GENERAL FUND REVENUES COLLECTED IN EXCESS OF THE ADOPTED LEVELS ENUMERATED IN PUBLIC LAW 37-125 TO THE GUAM POWER AUTHORITY FOR A THREE (3)-MONTH EXTENSION TO THE PRUGRÅMAN AYUDA PARA I TAOTAO-TA ENERGY CREDIT PROGRAM, RELATIVE TO PROVIDING CUSTOMERS WITH THREE HUNDRED DOLLARS ($300) CREDIT TOWARD THEIR ACCOUNT.

38th Guam Legislature

Extends Guam's energy credit program for 3 months, using $15,828,000 of surplus FY2025 General Fund revenues to GPA to issue $300 credits to eligible customers.

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Bill Summary · B 9-38

Summary of Bill B 9-38

Overview

Bill B 9-38 proposes an appropriation of $15,828,000 from FY2025 General Fund revenues that were collected in excess of the levels adopted in Public Law 37-125. The funds would be provided to the Guam Power Authority (GPA) to extend the PRUGRÅMAN AYUDA PARA I TAOTAO-TA Energy Credit Program for three months, delivering a $300 credit to customer accounts.

Purpose and Intent

  • Provide targeted relief to electricity customers by continuing the existing energy credit program for a short extension.
  • Use surplus General Fund revenues to support utility relief measures without impacting the base General Fund budget (by drawing on revenues in excess of adopted levels).

Key Provisions

  • Appropriation Amount: $15,828,000.
  • Source of Funds: FY2025 General Fund revenues collected in excess of the adopted levels enumerated in Public Law 37-125.
  • Recipient/Administrator: Guam Power Authority (GPA).
  • Purpose of Funding: To extend the PRUGRÅMAN AYUDA PARA I TAOTAO-TA Energy Credit Program for a period of three months.
  • Benefit to Consumers: A credit of $300 applied toward each eligible customer’s account.
  • Scope: The bill extends an existing energy credit program; it does not specify new eligibility criteria beyond the program’s current rules, nor does it alter the per-customer credit amount beyond stating the $300 credit as part of the extension.

Funding and Fiscal Impact

  • Total appropriation: $15,828,000.
  • Estimated impact on GPA and utility customers: The $300 per eligible account credit funded by the appropriation would reduce total outstanding charges for participating customers during the three-month extension.
  • Potential reach: If every eligible customer receives the full $300 credit, roughly 52,760 credits could be funded (15,828,000 ÷ 300). Actual reach depends on program eligibility and enrollment under the existing rules.

Timing and Process

  • Introduced: November 27, 2025.
  • Status: Not specified in the provided text.
  • Effective date: Not stated; the bill would likely become effective upon enactment or as otherwise specified in the final version.

Potential Impact and Considerations

  • Provides temporary financial relief to utility customers amid rising energy costs or financial stress.
  • Requires GPA to implement the credit distribution promptly within the three-month window.
  • Administrative considerations include ensuring accurate distribution, preventing duplications, and coordinating with the Treasury/Executive Branch on fund transfer and accounting.
  • The bill relies on surplus General Fund revenues, emphasizing fiscal prudence by using over-collected funds rather than General Fund reserves.

Affected Parties

  • Guam Power Authority (administrative/funding role).
  • Guam electricity customers eligible under the current energy credit program.
  • The government’s General Fund and related fiscal management entities.

If you’d like, I can add a brief comparison to the existing energy credit program’s eligibility and enrollment rules or draft a one-page Q&A for community stakeholders.

Compiled from official sources — confirm details with the bill’s official record.

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