TITLE 1: GOVERNMENT DIVISION 2: EXECUTIVE BRANCH
§ 2893. Operating Budget and Scope of Operations (a) The CNMI OGM-SC shall be funded by an apportionment of all indirect cost(s) collected at a rate of 40% of total indirect cost revenue or reimbursement by fiscal year with a 1% annual percentage decrease for the next five years until it gets to 35% and shall be credited to the Office of Grants Management’s Business Unit Account No. 1043 and all other activities, of/or related to federal and local assistance. Provided further that concurrently 20% of the office’s budget shall be deposited into a special account for sub grants. The CNMI OGMSC shall promulgate rules and regulations for awarding sub grants and shall be the expenditure authority of the funds within the special account for sub grants. (b) The CNMI OGM-SC shall be permitted the carry-over of funds from year to year with the approval of the Office of the Governor; (c) the Administrator of the CNMI OGM-SC shall have the authority to release, expend, disburse, and award sub grants and other funds as deemed necessary. (d) the Administrator of the CNMI OGM-SC shall have expenditure authority for all funds relating to CNMI OGM-SC; and (e) the office shall be comprised of, but not limited to, the following: (1) Office of Grants Management Director / Administrator; (2) State Clearinghouse Director / Assistant Administrator; (3) Grants Manager(s); (4) Grants Specialist(s); (5) Grant Writer(s); (6) Compliance Officer(s); (7) Administrative Assistant(s) / Officer(s) / Specialist(s). Source: PL 19-49 § 5 (June 13, 2016), modified. Commission Comment: The Commission numbered the leading paragraph as subsection (a) and renumbered subsections (a)–(d) as subsections (b)–(e) pursuant to 1 CMC § 3806(a). The Commission capitalized “the” in subsection (b) for the purpose of conformity pursuant to 1 CMC § 3806(f). The Commission treated the special typeface in subsection (a) as a drafting mark, pursuant to 1 CMC § 3806(g).