2 Guam Code Ann. § 9101
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Terms Used In 2 Guam Code Ann. § 9101
- 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
- Legislative session: That part of a chamber's daily session in which it considers legislative business (bills, resolutions, and actions related thereto).
All bills that have an effect upon the revenues or the expenditure of any funds of the government of Guam shall identify a specific funding source for which funds are, in fact, available. Any bill for which a fiscal note indicates that no funds, or insufficient funds, are available shall not be reported out of the Standing Committee for Legislative Session, unless one (1), or a combination, of the following are met:
1. the bill identifies a specific alternate funding source for which funds are available, and for which a fiscal note has been prepared which indicates that funds are available;
2. de-appropriates from a previous appropriation for which funds are available, and for which a fiscal note has been prepared which indicates that funds are available; or
3. a written certification is provided by the Chairperson of the Standing Committee that a situation exists which threatens the safety, health and welfare of the community.
1. the bill identifies a specific alternate funding source for which funds are available, and for which a fiscal note has been prepared which indicates that funds are available;
2. de-appropriates from a previous appropriation for which funds are available, and for which a fiscal note has been prepared which indicates that funds are available; or
3. a written certification is provided by the Chairperson of the Standing Committee that a situation exists which threatens the safety, health and welfare of the community.