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Terms Used In 2 Guam Code Ann. § 10107

  • 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
Notwithstanding any provision of law to the contrary, thirty (30) days prior to the end of a calendar quarter, one-fourth (1/4) of the annual appropriation of the Legislative Agencies Fund shall be transferred from the General Fund to the Legislative Agencies Fund.
SOURCE: § 1956 GC as added by P.L. 15-115.

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