Guam - PRESS RELEASE

For Immediate Release

 

21 September 2011

 

Bill seeks funding for UOG and GCC

 

Senator Aline A. Yamashita, introduced a measure today to strengthen support for the University of Guam and Guam Community College.  Bill No. 311-31 (COR) will provide the institutions with much needed funding for general operations.  Vice Speaker B.J. Cruz and Minority Leader Senator Frank Blas are also bill sponsors.

 

The monies will come from Medical Loss Ratio Funds, or the Section 2718 Fund, which was identified by Vice Speaker Cruz during the budget session.  The funds were initially tagged for emergency tax refunds, but the bonds will address refunds freeing up these monies for other purposes.

 

 This bill is introduced on the heels of Bill 308, which appropriates $1.3 million to UOG, introduced by Senator ben pangelinan and Speaker Judith Won Pat, and successfully passed by the legislature earlier this week.

 

  "Senators want to make sure that the natural choice for many of our island students is an affordable choice," says Sen. Yamashita.  "As well, work force development must be a supported priority particularly as Guam goes through expansive growth. Investment in higher education is clear investment in economic development."

 

 Attached, is a copy of the bill.  For more information, call the FamiliesFirst! Office at 648-3474 or email Sen. Aline at aline4families@gmail.com.