HR 2462 · 106th Congress · Government Operations and Politics

Guam Omnibus Opportunities Act

Introduced 1999-07-01· Sponsored by Del. Underwood, Robert A. [D-GU-At Large]· House

Bill Progress

1
Introduced
Committee
House Vote
Senate
Enacted
Latest: Became Public Law No: 106-504.(2000-11-13)

Plain Language Summary

[AI summary unavailable — showing source text] Guam Omnibus Opportunities Act - Guam Land Return Act - Directs the Administrator of General Services, with specified exceptions, to notify the Government of Guam of any excess U.S. real property (including property within the Guam National Wildlife Refuge) in Guam and to transfer such property to the Government of Guam, provided it notifies the Administrator of its intention to acquire it (thus granting the Government of Guam the right-of-first refusal to such property). Guam Foreign Direct Investment Equity Act - Amends the Organic Act of Guam to declare that the Government of Guam's tax treatment of income made in Guam shall be at the same rate that would apply if Guam were a part of the United States for purposes of treaty obligations of the United States. Declares that betel nuts (also known as "areca nuts") shall not be considered to be adulterated for purposes of importation into the United States if such article is possessed by an individual for personal consumption. Amends the Housing Community Development Act of 1980 to revise the conditions for making assisted housing assistance available to a resident alien to declare that such alien may be a lawful resident in the Unit…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 2462, Guam Omnibus Opportunities Act

Jul 19, 2000

Cost estimate for the bill as ordered reported by the House Committee on Resources on June 28, 2000

Full CBO report ↗

H.R. 2462, An act to amend the Organic Act of Guam, and for other purposes

Nov 14, 2000

Pay-as-you-go estimate for the bill as cleared by the Congress on October 31, 2000

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (2)

1 Democrat1 Republican