By Pacific Island Times News Staff
Guam senators on Monday unanimously passed a proposal to extend the moratorium on liquid fuel tax through the end of the year to help ease the burden on residents amid the post-Mawar crisis.
“Fourteen cents per gallon is not a lot to offer relief, but we know, that for many of our families who have depended on fuel for their livelihoods over the several weeks since the typhoon, gas purchases have increased, noticed in the weeks of long lines at the gas stations,” said Sen. Jose San Agustin, author of Bill 135-37.
“Every little savings we can guarantee our people is beneficial to their recovery,” he added.
Gov. Lou Leon Guerrero, who has expressed support for the bill, is expected to sign the bill into law.
The bill was deliberated in an emergency session.
The gas tax relief, which was first implemented at the height of inflation last year, was designed to help stabilize the rising price of gasoline on Guam by temporarily waiving the levy of excise taxes, automotive surcharges, and mass transit automotive surcharges on liquid fuel collected.
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