11 GCA § 50104

Revenues Reserved for Income Tax Refunds,

Guam Code AnnotatedTitle 11 — Finance and Taxation

Earned Income Tax Credits and Child Tax Credits. In accordance with the formula provided for in § 50103 of this Chapter, the Director of Administration shall, as a ministerial duty, set aside all money reserved for income tax refunds, and shall set aside earned income tax credits and child tax credits from income tax receipts.

§ The story of this section

Enacted by P.L. 22-140 § IV — introduced as Bill 1097-22
Amended by P.L. 26-74 § 3 — introduced as Bill 247-26 · introduced by Vicente C. Pangelinan
Affected by P.L. 34-116 § 21 — introduced as Bill 323-34 · introduced by Benjamin J.F. Cruz

Interpreted by the courts:

2014 Guam 15 — In Re Request of I Mina Trentai Dos Na Liheslaturan Guahan Relative to the Use of Funds from the Tax Refund Efficient Pa (2014) · per Robert J. Torres, J. · cited at ¶55

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.