12 GCA § 9302: Annual Deposit.
Where this section sits in the code
- Title 12: Autonomous Agencies
- Division 1 - Autonomous Agencies
- Chapter 9: Guam Visitors Bureau
- ARTICLE 3: RAINY DAY FUND
An amount equal to one and one-half percent (1½%) of the adopted revenue projection of the Tourist Attraction Fund for each fiscal year, or Two Hundred Thousand Dollars ($200,000), whichever amount is greater, shall be set aside and allocated by the Department of Administration to the Guam Visitors Bureau for deposit into the Fund established by this Section. Each annual deposit shall be made over the course of the fiscal year as collections are received.
Collected 2026-09-27T03:22:48Z. Source file · JSON