Any and all expenditures from the Fund shall be for the payment of income tax refunds, earned income tax credits, child tax credits, tax rebate relief and for no other purpose. The fund is not subject to the provisions of 5 GCA § 22414, which provisions would otherwise permit I Maga’lahen Guåhan [Governor of Guam]to pledge the Fund.
COL9192018
SOURCE: Added by P.L. 22-140:IV:2(b) (Sept. 29, 1994), eff. Oct. 1, 1994. Amended by P.L. 25-043:3 (June 8, 1999) and P.L. 26-036.:3 (Oct. 1, 2001). NOTE: Obsolete reference to the Government Code, no longer in existence, changed to the appropriate section reference in the Guam Code Annotated (this Code).