The Authority shall submit the Plan to I Maga’håga/Maga′låhi who, if he approves the same, shall transmit the Plan to I Liheslaturan Guåhan in the form of a bill for adoption, amendment, modification or rejection by the I Liheslaturan Guåhan. Such Plan shall not be effective until either approved by statute or it shall have complied with the provisions of this law and forty-five (45) calendar days have elapsed from the date of receipt by I Liheslaturan Guåhan of its transmittal, and two (2) legislative days have elapsed after the elapse of the forty-five (45) calendar days. The Legislative Secretary may request that the Authority submit all or part of the record of any public hearings on the Plan. I Liheslaturan Guåhan may approve, disapprove or amend said Plan so transmitted within the combined period of the forty-five (45) calendar days and two (2) legislative days. SOURCE: Added by P.L. 24-110:2 (Nov. 21, 1997). 2024 NOTE: References to “Governor” replaced with I Maga’håga/Maga’låhi pursuant to 5 GCA § 1510. References to the “Guam Legislature” replaced with I Liheslaturan Guåhan pursuant to 2 GCA § 1101.
ARTICLE 4 BONDS