§ 7605. Emergency Impoundments
TITLE 1: GOVERNMENT DIVISION 7: PLANNING, BUDGETING AND AUDITING § 7605. Emergency Impoundments. (a) Notwithstanding any other provision of this chapter, and pending legisla- tive action on any message transmitted under 1 CMC §§ 7604(c) or 7403, the Governor, upon the advice of the Director of Finance that continued obligation, pursuant to law, of funds in the Commonwealth Treasury will result, within the next 60 days, in a deficit in government operations accounts for the fiscal year or in a lack of sufficient fiscal resources to meet all outstanding obligations as they become due, may make any necessary deferral of budget authority, regardless of the branch of government to which such budget authority is provided; provided, that no budget authority for any noncapital account in the judicial or legislative branches shall be deferred in an amount representing a percentage of such authority greater than the percentage of total deferrals under this section of all General Fund, noncapital accounts, outside the judicial and legislative branches. (b) The Governor shall promptly transmit to the legislature full details of any emergency impoundment under this section, if such information is not included in a special message transmitted under 1 CMC § 7604(c) or a report under 1 CMC § 7403. Source: PL 3-68, § 605, modified. Commission Comment: With respect to the reference to the “Director of Finance,” see Executive Order 94-3 (effective August 23, 1994), reorganizing the executive branch, changing agency names and official titles, and effecting other changes, set forth in the Commission comment to 1 CMC § 2001.
Source: CNMI Law Revision Commission