,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #ddji  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,septemb] #ai1 #bjai  
,mr4 ,san ,nicolas introduc$ ! foll[+   
bill2 :i* 0 ref]r$ to ! ,committee on   
,natural ,res\rces  ,a ,,bill  ,to      
require approval ?r\gh ref]5dum = any   
increases to any locally enact$ &       
adm9i/]$ taxes or issuances ( any       
municipal bond 9 an am\nt great] ?an    
#be1jjj1jjj1 & = o!r purposes4  #a4     
,%ort title ,?is ,act may be cit$ z ! ,p
 ,emp[]m5t ,act4  #b4 ,f9d+s ,congress  
f9ds z foll[s3  7#a7 ,! ,guam           
,legislature enact$ ,guam ,public ,law  
#bd-bbb 9 #aiih1 requir+ vot] ref]5dum =
 any tax increases & any issuance (     
,g5]al ,obligation ,bond 9 an am\nt     
great] ?an #be1jjj1jjj4  7#b7 ,! ,guam  
,legislature has circumv5t$ ,guam       
,public ,law #bd-bbb1 pass+ local tax   
increases & ent]$ into #bh ,g5]al       
,obligation ,bonds1 #af ( :i* 7 9 excess
 ( #be1jjj1jjj )\t ratification by !    
vot]s ( ,guam4  7#c7 ,:5 public laws    

expressly m&ate ! involvem5t ( !        
electorate ) _! vote on specific matt]s 
( law1 su* laws mu/ be respect$1 & ! p  
mu/ be af=d$ ! opportunity to vote4     
7#d7 ,congress w act to protect ! p (   
,guam's au?ority 9 det]m9+ increases 9  
taxes paid to _! local gov]nm5t by      
ratify+ su* p[] 9 ! ,organic ,act (     
,guam4  #c4 ,vot] approval requir$ =    
c]ta9 rev5ue laws ,! ,organic ,act (    
,guam 7#dh ,u4,s4,c4 #adba et seq47 is  
am5d$ by ins]t+ aft] section #aa1 !     
foll[+3  #aa;,a4 ,conditions = ,laws    
,relat$ to ,taxation & ,issuance (      
,bonds  7a7 ,not)/&+ section #aa1 a law 
enact$ by ! ,gov]nm5t ( ,guam t provides
 = issuance ( municipal bonds 9 an am\nt
 great] ?an #be1jjj1jjj1 an increase 9 a
 tax1 or ! imposition ( a new tax--     
7#a7 %all n conta9 any provision except 
^? necess>y to enact ! issuance1        
increase1 or imposition2 &  7#b7 %all n 
take effect until aft] ! law is approv$ 
by a simple majority ( vot]s on a       
ref]5dum on ! law held 9 accordance )   

?is section4  7b7 ,n m ?an #aj days aft]
 a law t provides = issuance ( a        
municipal bond 9 an am\nt great] ?an    
#be1jjj1jjj1 an increase 9 a tax1 or !  
imposition ( a new tax is enact$1 !     
,secret>y ( ! ,guam ,legislature %all   
transmit to ! ,guam ,election           
,commission ! full text ( ! law4  7c7 ,!
 "q ( :e!r ! vot]s ( ,guam approve or   
disapprove ( ! law transmitt$ "u        
subsection 7b7 %all be plac$ on ! ballot
 at ! next ,g5]al ,election t is #ij    
days or m aft] su* transmission4  7d7 ,n
 less ?an #cj days be=e a ,g5]al        
,election describ$ 9 subsection 7c71 !  
,guam ,election ,commission %all--  7#a7
 cause to appe> 9 a daily p]iodical (   
mass publication on ,guam ! full text ( 
! law transmitt$ "u subsection 7b72 &   
7#b7 ensure t ! foll[+ is includ$ 9 !   
vot] education packet s5t to vot]s be=e 
! ,g5]al ,election = :i* ! ref]5dum on !
 law is includ$ on ! ballot3  7,a7 ,!   
full text ( ! law transmitt$ "u         
subsection 7b74  7,b7 ,an explanation ( 

! pros & cons ( ea* position on ! "q ( !
 law transmitt$ "u subsection 7b74  7,c7
 ,o!r in=mation necess>y = vot]s to     
arrive at an in=m$ position on ! "q ( ! 
law transmitt$ "u subsection 7b74  7e7  
,?is section may be waiv$ dur+ a /ate ( 
em]g5cy decl>$ by a two-?irds vote ( !  
,guam ,legislature & sign$ by ! ,gov]nor
 ( ,guam4 ,a waiv] "u ?is subsection    
%all only apply dur+ su* /ate ( em]g5cy4
 ,a tax or increase in/itut$ dur+ a     
waiv] "u ?is subsection %all n be valid 
or en=ceable aft] ! /ate ( em]g5cy has  
end$1 except to ! ext5t t am\nts 7 due &
 n paid "u t tax or increase dur+ ! /ate
 ( em]g5cy4  7f7 ,?is section %all n be 
int]pret$ to require vot] ratification (
 a tax increas$ or impos$ or a bond     
issu$ by ! ,gov]nm5t ( ! ,unit$ ,/ates (
 ,am]ica4  7g7 ,?is section %all cont9ue
 to apply aft] de-l9kage ( ! ,guam      
income tax f ! ,int]nal ,rev5ue ,code ( 
#aihf 7or a successor ,f$]al tax code71 
%\ld su* a de-l9kage occur4  4