Solicitation, Acceptance, Utilization and Administration of Donations, Contributions, Gifts,

and Bequests for Specific Purposes.

(a)The Administrator of the Guam Memorial Hospital Authority (GMHA), with the concurrence of the GMHA Board of Trustees, shall be authorized to solicit, accept, utilize and administer on behalf of GHMA, donations, contributions, gifts and bequests for any specific purpose relative to medical care, and may expend any sums so received for the purposes intended by the giver, or donor, in addition to the regular appropriations made for such purposes. Such donations, contributions, gifts and bequests received, or income accrued on a continuing basis, shall, as a matter of policy, be reflected in the annual budget of the receiving agency as credit to offset the expense budget request for that agency for the fiscal year under consideration.

(b)GMHA shall promulgate rules and regulations to reflect the purpose of this Act, and shall biannually report contributions, donations, gifts and bequests actually received to I Maga’håga/Maga’låhi and the Speaker of I Liheslaturan Guåhan for proper acknowledgment purposes.