Revenues in Support of the Department of Revenue and Taxation

Ten percent (10%) of the tax collected through the administration of a Tax Amnesty Program pursuant to this Article, shall be allocated to the Department of Revenue and Taxation for the purposes of fulfilling their mandates as prescribed by Guam law. Funds shall be available upon the submission of the report pursuant to § 26809 of this Article. The Department of Revenue and Taxation shall prepare and submit a quarterly report presenting the balance of funds, itemizing of funds expended and ending balance to the Speaker of I Liheslaturan Guåhan due on the 20th day of the new calendar quarter. Such funds are not subject to I Maga’hågan/Maga’låhen Guåhan’s transfer authority, shall not lapse and shall remain available until fully expended. ----------