The moratorium on the liquid fuel tax expires tomorrow. This means that if Guam’s senators and governor do not extend the moratorium, gas prices will go up Friday.
Senators have not acted to extend the moratorium, so the governor is throwing them into special session at 1 p.m. Thursday with her bill to waive all taxes, automotive surcharges, and mass transit automotive surcharges on liquid fuel through the remainder of the fiscal year. The current fiscal year ends September 30, 2024.
Senators must pass the bill, and Lou Leon Guerrero must sign it by midnight Thursday, otherwise gas prices will go up.
