53109. Authorization to Identify and Transfer Funds

11 GCA § 53108, under Guam ABLE Savings Program.

11 GCA § 53108

for the Implementation of the Guam ABLE Savings Program. Notwithstanding any other provision of law, rule, or regulation to the contrary, I Maga‘hågan Guåhan is hereby authorized to identify and transfer up to Two Hundred Fifty Thousand Dollars ($250,000) from the General Fund to the Department of Administration to assist in the implementation of the Guam ABLE Savings Program pursuant to this Chapter. The funds shall be used for, but are not limited to, the following purposes: (a) engaging the services of consultants to assist in launching the program; (b) engaging and hiring a Program Manager for the purposes of managing the Guam ABLE Savings Program; and (c) to assist with associated start-up fees and overhead. Notwithstanding any other provision of law, rule, or regulation to the contrary, the transfer authority authorized by this Section is in addition to the transfer authority provided under Public Law 36- 54. SOURCE: Added by P.L. 36-090:4 (Apr. 11, 2022).

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