Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State or Territory: | Guam |
| Effected Jurisdiction: | Guam |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2020 |
| Program name: | Guam Registered Apprenticeship Program (GRAP) |
| Program purpose: | Workforce Development |
| Statutory authority: | Public Law 28-142 |
| Abating jurisdiction(s): | Territory of Guam |
| Applicable taxes: | Gross Receipts Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | None |
| Gross revenue loss: | $4,579,264 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $4,579,264 |
| Type of loss: | Active |
| Additional notes on dislosure: | Guam Registered Apprenticeship Program (GRAP) provides tax abatement incentives to eligible businesses that employ apprentices who are duly enrolled and registered in the program. Eligible businesses are entitled to tax abatement against their gross receipts tax liability equal to fifty percent (50%) of the eligible training costs paid or incurred by the business. Eligible training costs include direct wages of apprentices, direct fringe benefits (medical and dental insurance), journeyman’s wages (on-the-job training), instructor costs (academic and trade theory), training costs (books and tuition), and personal protective equipment. The GRAP Program was created under Public Law 28-142 for the purposes of reducing the shortage of highly skilled workers; encouraging employers to hire and train apprentices in highly skilled trades and occupations; authorizing up to 50% abatement of gross receipts taxes for certain long term apprenticeship training expenses; and ensuring that apprentices continue to pay income taxes and participate in the economy. |
| Document source: | https://emma.msrb.org/P21499345-P21160732-P21575456.pdf |
