11 GCA § 24110
Reduced Tax Rates of Senior Citizens
View official PDF ↗A senior citizen, who is defined for purposes of this Title as a person fifty-five
(55)years of age or older, who is the head of a household and who currently resides in and owns his or her home, and has lived on Guam for five
(5)preceding consecutive years shall pay a real property tax on such personal residential property at twenty percent (20%) of the yearly real estate tax based on the latest five
(5)year tax assessment levied on such property owned by the respective senior citizen, provided such property is his or her place of primary residence.
§ The story of this section
- Enacted by P.L. 21-30 § 2 (bill & sponsor pending — earlier Legislature not yet ingested)
- Amended by P.L. 23-107 § 2 — introduced as Bill 380-23 · introduced by Hope A. Cristobal + 2 cosponsors
- Amended by P.L. 24-267 § 5 — introduced as Bill 645-24 · introduced by Antonio R. Unpingco + 2 cosponsors
- Amended by P.L. 29-19 § X — introduced as Bill 174-29
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.