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Terms Used In 10 Guam Code Ann. § 44108

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(a) There is within the government of Guam, and under the control of the Department, a Beverage Container Recycling Deposit Fund, which is hereby created, into which the proceeds from recycling deposit fees as provided in § 44105 of this Act are deposited, and in which all interest earned by the Beverage Container Recycling Deposit Fund shall accrue.

(b) The Beverage Container Recycling Deposit Fund shall be administered separate and apart from any other fund of the Government, and shall not be subject to any transfer authority of I Maga’lahi or appropriation by I Liheslatura, except as provided in this Chapter 44. Any unencumbered funds remaining in the beverage container recycling fund at the end if each fiscal year shall remain in that Fund and be expended only for the purposes described in this Section.

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10 Guam Code Ann. HEALTH AND SAFETY
CH. 44 GUAM BEVERAGE CONTAINER RECYCLING ACT OF 2010

(c) A portion of the deposit beverage container fee collected by the Department shall be used, among other things, for:

(1) expenses related to implementing the provisions of this Chapter 44;

(2) funding of administrative, audit, and compliance activities associated with collection and payment of the deposits of the Beverage Container Recycling Deposit Act;

(3) conducting of recycling outreach education, capacity building and demonstration projects; and

(4) promotion and marketing of recycling related activities.

SOURCE: Added by P.L. 30-221:3 (Dec. 30, 2010). Amended by P.L.
32-100:4 (Nov. 28, 2013).