5 Guam Code Ann. § 221702
Terms Used In 5 Guam Code Ann. § 221702
- 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
- Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- 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.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Verdict: The decision of a petit jury or a judge.
(b) The Fund shall include all money, payments, or other things of value in the nature of civil damages or other payment, except criminal penalties, received on behalf of Guam by the Office of the Attorney General (OAG) of Guam relating to the manufacturing, marketing, distributing, promoting, or dispensing of opioids, whether such is received by way of verdict, judgment, compromise, or settlement in or out of court, of any case orcontroversy. The Fund shall also include any interest earned on such amounts.
(c) Monies in the Fund shall be used to supplement and not supplant or replace any other funds, including federal or local funding, which would otherwise have been expended for substance use disorder prevention, treatment, recovery or harm reduction services or programs. Further, general operating funds or baseline funding shall not be reduced due to monies expended from the Fund.
(d) The Office of the Attorney General shall promptly remit all money, payments, or other things of value to the Treasurer of Guam for credit to the Fund.
(e) The Office of the Attorney General, in consultation with the Opioid Recovery Advisory Council established by this Act, shall administer the Fund.
(f) In administering the Fund, the Office of the Attorney General may establish internal accounts to segregate funds received from different judgments or settlement agreements to the extent that different judgments or settlement agreements direct specific allocation of expenditures.