Guam § 22436 - General Fund Appropriations to the Rainy Day
Full text of Guam Guam Code Annotated § 22436 — General Fund Appropriations to the Rainy Day, with citation guidance and answers to common questions.
§ 22436. General Fund Appropriations to the Rainy Day
Fund Cap.
(a) Beginning in Fiscal Year 2010, I Liheslatura (the
Legislature) shall not appropriate more than ninety-eight percent
(98%) of the total revenues projected for the General Fund for the
fiscal year until such time as the General Fund deficit is
eliminated. All unappropriated annual General Fund revenues
collected in excess of appropriations shall be used to liquidate
obligations for refunds, earned income tax credits and prior years’
vendor payables.
I Liheslatura (the Legislature) shall appropriate not less than
two percent (2%) of the total revenues projected for the General
Fund for each fiscal year to the Rainy Day Fund established
pursuant to § 22901, Article 9, Division 2, Chapter 22, Title 5,
Guam Code Annotated, until such time as indicated in § 22904,
Article 9, Division 2, Chapter 22, Title 5 GCA.
(b) Emergency. To the extent necessary to deal with any
disaster or emergency this General Fund Appropriations Cap may
COL4/6/2022
be temporarily lifted in the event I Maga’håga (the Governor), the
President of the United States, or I Liheslatura (the Legislature)
by vote of a majority of its Members declares Guam to be in a
state of emergency or any similar designation.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 22436
What does Guam Code Annotated § 22436 cover?
Section 22436 ("General Fund Appropriations to the Rainy Day") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 22436?
A common citation format is "Guam Code Annotated § 22436" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 22436 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.