Guam § 97102 - Guam Healthcare Trust and Development Fund.
Full text of Guam Guam Code Annotated § 97102 — Guam Healthcare Trust and Development Fund., with citation guidance and answers to common questions.
§ 97102. Guam Healthcare Trust and Development Fund.
(a) Notwithstanding any other law, there is hereby created, separate
and apart from other funds and accounts of the government of Guam, a fund
known as the GMHA Healthcare Trust and Development Fund (Fund). The
Fund shall not be commingled with the General Fund or any other fund or
account of the government of Guam, and shall be kept in a separate bank
account, subject to legislative appropriation as provided pursuant to this
Chapter, to be used by the designated public healthcare agencies of the
government of Guam for the purposes authorized. The Fund, to include any
monies in the Fund dedicated and dispersed for purposes specified in this
Act, shall not be subject to the transfer authority of I Maga’lahen Guåhan.
(b) The Fund shall be financed by:
(1) licensing fees, business privilege tax, and income tax
collected from the companies involved in gaming as provided by 3
GAR § 7001 et seq. This includes those electronic gaming devices
referred to in § 7114(a)(5) and licensed per Title 11 GCA, Chapter 22,
Article 2. These devices shall be known as the Liberty, Symbolix, and
Match Play electronic gaming devices, and only those registered with
the Department of Revenue of Taxation prior to August 1, 2001,
pursuant to 3 GAR § 7114 (a)(5).
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(2) Notwithstanding any other provision of law, the collection of
a special four percent (4%) assessment fee on income on all gaming
devices authorized to be licensed pursuant to 11 Guam Code Annotated
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 97102
What does Guam Code Annotated § 97102 cover?
Section 97102 ("Guam Healthcare Trust and Development Fund.") 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 § 97102?
A common citation format is "Guam Code Annotated § 97102" (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 § 97102 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.