Terms Used In 22 Guam Code Ann. § 43109

  • 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.
  • Statute: A law passed by a legislature.
No funds shall be appropriated for any fiscal year except pursuant to a five-year Tourist Industry Job Corps Plan prepared in accordance with and meeting the requirements of this Section:
(a) The Five-Year Tourist Industry Job Corps Plan shall contain: (1) Assessment of tourist related occupational training needs
and labor market conditions;

(2) Description of services to be provided including the labor market orientation component, the estimated training cost per participant, and a discussion of major changes in program emphasis;

(3) Procedures for identifying and selecting participants, target groups, and for determining eligibility and verification;
(4) Quantified performance and placement goals per program activity, established in accordance with standards prescribed under § 43109 of this Chapter;
(5) Procedures for the selection of employment and training worksites which take into account past performance of employers in job training or related activities, fiscal accountability, monitoring and managing trained occupational development;

(6) Procedures for the coordination or joint implementation of job development, placement, and other employer outreach activities;

(7) Procedures for fiscal control, accounting, audit and debt collection to assure the proper disbursal of, and accounting for, funds received under this Chapter.

(b) Review and Approval of the Plan:

(1) The proposed plan or summary thereof shall be published;
(2) Such plan shall be made available for review and comment in accordance with the Administrative Adjudication Law;
(3) The Legislature shall approve, modify or disapprove the plan by statute within One Hundred Twenty (120) days after the

COL120106
22 Guam Code Ann. BUSINESS REGULATIONS
CH. 43 TOURIST INDUSTRY JOB CORPS

plan is filed with the Legislative Secretary. The plan shall be submitted to the Legislature by February 15, 1987.
SOURCE: GC § 26708; added by P.L. 18-48:2.

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