Guam § 4123 - Federal Receipts Reporting Requirements.

§ 4123. Federal Receipts Reporting Requirements.

(a) Definitions. As used in this Section:

(1) Designated state agency means an agency or authority of

the government of Guam; and includes a department, institution,

board, bureau, commission, council, committee of Guam

government, branch, autonomous instrumentality, public

corporation funded by public taxes or funds, or other public entity

of the government of Guam.

(2) Designated state agency does not include the judicial

branch, the legislative branch, or an office or other entity within the

judicial branch or the legislative branch.

(3) Federal receipts means the federal financial assistance, as

defined in 31 U.S.C. Sec. 7501, that is reported as part of a single

audit.

(4) Single audit is as defined in 31 U.S.C. Sec. 7501.

(b) Federal Receipts Reporting Requirements.

(1) Designated state agencies shall each year, on or before

October 31, prepare a report that:

(A) reports the aggregate value of federal receipts the

designated state agency received for the preceding fiscal year;

(B) reports the aggregate amount of funds for federal

matching grants in aid appropriated by I Liheslaturan Guåhan

(the Guam Legislature) to the designated state agency for the

preceding fiscal year;

(C) calculates the percentage that constitutes federal

receipts of the total budget for the designated state agency

received for that fiscal year; and

(D) develops a plan(s) for operating the designated state

agency, and its affected federal program(s) if there is a

reduction in the federal receipts that the designated agency

receives.

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(2) The designated state agencies shall submit the report to

the Bureau of Budget and Management Research (BBMR) on or

before November 1 of each year.

(3) The BBMR shall, on or before November 30 of each year,

prepare a report that:

(A) compiles and summarizes the reports that the BBMR

receives in accordance with Subsection (2); and

(B) compares the aggregate value of federal receipts each

designated state agency received for the previous fiscal year to

the aggregate amount of federal funds to the total budget of the

designated state agency for that fiscal year.

(4) BBMR shall, as part of the report required by Subsection

(3), compile a list of designated state agencies that do not submit a

report as required by this Section.

(5) BBMR shall submit the report required by Subsection (3)

to the legislative appropriations committee and the Speaker of I

Liheslaturan Guåhan on or before December 1 of each year.

(6) Upon receipt of the report required by Subsection (3), the

legislative appropriations committee shall place the report on the

agenda for review and consideration at the next committee meeting.

(7) When considering the report required by Subsection (3),

the legislative appropriations committee may elect to:

(A) recommend that I Liheslaturan Guåhan (the Guam

Legislature) reduce or eliminate the appropriations for a

designated state agency;

(B) take no action; or

(C) take another action that a majority of the committee

approves.