(a) There is hereby created, separate and apart from all other funds, the Guam Visitors Bureau ‘Cultural and Sports Ambassadors Fund’ (hereinafter referred to as Fund). The Guam Visitors Bureau is hereby authorized to use Fund proceeds to provide grants for transportation expenses for off-island travel by cultural and sports ambassadors. Deposits into the Fund shall not be commingled with deposits received from the Tourist Attraction Fund for the operations, special projects, and any other appropriations made to the Guam Visitors Bureau, and shall be kept in a separate bank account. The bank account shall

be established and maintained by the Guam Visitors Bureau, and its funds shall only be available for use as stipulated herein.

(b) Financial contributions may also be made to the Fund by participating businesses and organizations, as sponsors of cultural and sports ambassadors.

(c) Any unexpended balance of the Cultural and Sports Ambassadors Fund shall not revert to the Tourist Attraction Fund or any other fund, and shall be available until fully expended for the purposes described herein.

2015 NOTE: Subsection designations added pursuant to 1 Guam Code Ann. § 1606.