; and (2) shall not take effect until after the law is approved by a simple majority of voters on a referendum on the law held in accordance with this section. (b) Not more than 10 days after a law that provides for issuance of a municipal bond in an amount greater than $25,000,000, an increase in a tax, or the imposition of a new tax is enacted, the Secretary of the Guam Legislature shall transmit to the Guam Election Commission the full text of the law. (c) The question of whether the voters of Guam approve or disapprove of the law transmitted under subsection (b) shall be placed on the ballot at the next General Election that is 90 days or more after such transmission. (d) Not less than 30 days before a General Election described in subsection (c), the Guam Election Commission shall— (1) cause to appear in a daily periodical of mass publication on Guam the full text of the law transmitted under subsection (b)