Bill
B 131-38
Overview: Bill B 131-38, "AN ACT TO AUTHORIZE THE CHAMORRO LAND TRUST TO SELL A PORTION OF LOT 5174-REM-1 MUNICIPALITY OF TAMUNING CONSISTING OF AN AREA OF 1485± SQ.FT. (138± SQ.M.
Overview: Bill B 131-38, "AN ACT TO AUTHORIZE THE CHAMORRO LAND TRUST TO SELL A PORTION OF LOT 5174-REM-1 MUNICIPALITY OF TAMUNING CONSISTING OF AN AREA OF 1485± SQ.FT. (138± SQ.M.) AND TO DEPOSIT THE PROCEEDS OF THE SALE INTO THE CHAMORRO LAND TRUST INFRASTRUCTURE AND SURVEY FUND."
Purpose and Intent: The bill aims to authorize the Chamorro Land Trust to sell a portion of Lot 5174-REM-1 in the municipality of Tamuning, Guam, and to deposit the proceeds of the sale into the Chamorro Land Trust Infrastructure and Survey Fund. The intent is to generate revenue for the Chamorro Land Trust to support infrastructure and survey-related projects on Chamorro Land Trust properties.
Key Provisions:
- Authorizes the Chamorro Land Trust to sell a 1,485± square foot (138± square meter) portion of Lot 5174-REM-1 in Tamuning.
- Requires the proceeds from the sale to be deposited into the Chamorro Land Trust Infrastructure and Survey Fund.
- Specifies that the sale must be conducted in accordance with the Chamorro Land Trust Act and other applicable laws and regulations.
Affected Parties and Impacts: The bill would primarily affect the Chamorro Land Trust, which would be authorized to sell a portion of the specified lot and use the proceeds to fund infrastructure and survey-related projects. The sale may also impact the current occupants or users of the affected portion of the lot.
Procedural and Timeline Considerations: The bill has been introduced in the 38th Guam Legislature and is currently pending further legislative action.
Compiled from official sources — confirm details with the bill’s official record.
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