Title 2, Legislative Branch
16 chapters · 159 sections in this title.
2 GCA § 13101 Legislative Findings and Intent
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I Liheslaturan Guåhan recognizes the need for the independent forecasting of government revenues, with the minimum goal of adopting the best econometric model for the government of Guam. There is a need to compile and provide to I Liheslaturan Guåhan, I Maga’lahen Guåhan and the …
2 GCA § 13102 Creation of Office
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There is hereby created, within I Liheslaturan Guåhan, under the supervision of the Committee on Ways and Means, or equivalent Standing Committee, the Office of Finance and Budget (OFB), organized and operating as I Liheslaturan Guåhan may from time to time provide through its St…
2 GCA § 13103 Budget of Office
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The budget of the OFB shall not be included as part of I Liheslaturan Guåhan’s annual operating budget.
2 GCA § 13104 Purpose of Office
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The OFB shall administer this Chapter and perform the responsibilities assigned to it by law and the Standing Rules. It shall coordinate and gather information relevant to government revenue projections, COL 2026-05-05 fiscal policy, legislative appropriations, taxation, revenue …
2 GCA § 13105 Administration of Office
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The Chairperson of the Committee on Ways and Means, or equivalent Standing Committee, shall appoint a Director who shall administer the OFB and perform other duties as prescribed by law and the Standing Rules. The Director shall also be responsible for any and all matters assigne…
2 GCA § 13106 Duties of Office
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The Office of Finance and Budget shall: (a) develop and adopt a model for Guam’s existing and projected economy that simulates the effect of revenue raising, the effect of any proposed benefits to said economy, optional revenue generation and the utility thereof; (b) compile and …
2 GCA § 13107 Special Accounting Service
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There is hereby established a Special Accounting Service work group comprised of a senior staff member of I Liheslaturan Guåhan’s Office of Finance and Budget; the Controller of the Department of Administration; the Chief of the Taxpayer Services Administration Branch of the Depa…
2 GCA § 13108 Special Economic Service
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There shall be a Special Economic Service work group comprised of the Chairman of I Liheslaturan Guåhan’s Committee on Ways and Means, or equivalent Standing Committee; the Director of the Office of Finance and Budget; the Public Auditor; the Director of the Bureau of Budget and …
2 GCA § 13108.1 Special Cost of Living Economic Task Force
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(a) There shall be created a Special Cost of Living Economic Task Force (Task Force) within the Office of Finance and Budget. The Task Force shall include the Chairperson of I Liheslaturan Guåhan’s Standing Committee with oversight jurisdiction over the Government of Guam Retirem…
2 GCA § 13109 Executive Branch Accounting, Financial, and Economic Services
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I Maga’lahen Guåhan shall provide the Office of Finance and Budget with any and all information and services it requires to fully execute this Chapter. (a) Reports The following reports shall be submitted to I Liheslaturan Guåhan as indicated: (1) No later than thirty (30) days a…