Landowners Recovery Fund – Chapter 74 of 12 GCA - Autonomous Agencies.

This Chapter provide for the setting up of a Fund for the additional financial compensation of persons who have suffered economically from expropriation for the benefit of the United States of America in the past and have not been sufficiently compensated before. The Fund shall grant loans, or guarantees of loans or grants-in-aid to landowners, or to defer costs or fees of professional services required by those landowners or class of landowners whose land, rights in land or interest in land were taken by the Naval Government of Guam or the United States Government on or after January 1, 1930, in order to assist such landowners with pursuit of adequate remedies for such taking. The Board of Directors of the Guam Economic Development Authority shall act as administering authority. The Guam Environmental Protection Agency shall report on the adverse environmental impact of unclean, unsafe military hazardous waste dumpsites pursuant to section 16. The Authority shall enter, on behalf of the people of Guam; the ongoing litigation initiated by private landowners to challenge the designation of land in Guam as critical habitat or a wildlife refuge and is authorized to make grants for this purpose. The Guam Ancestral Lands Commission is hereby authorized to use funds from the Landowner’s Recovery Fund in accordance with section 22.