12 Guam Code Ann. § 14408
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Terms Used In 12 Guam Code Ann. § 14408
- 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
- Statute: A law passed by a legislature.
GWA is authorized to transfer funds from category to category within its own budget only for the purpose of funding the specific outsourcings detailed in this Chapter. Furthermore, I Maga’lahen Guåhan is authorized to transfer funds from Special Funds of the Executive Branch of the government of Guam, including the Typhoons Chata’an and Halong Special Reimbursement Fund, to GWA to fulfill the purposes of this Chapter; provided, such transfers by I Maga’lahen Guåhan shall not exceed Three Million Dollars ($3,000,000) without further authorization or appropriation by statute.
SOURCE: Added by P.L. 26-144:1 (Sept. 17, 2002).