Bill

To appropriate the sum of $235,126.10 from the Special Revenue Fund of the State of Yap for the purpose of funding certain projects and programs of the Council of Tamol during Fiscal Year 2026, and for other purposes

YSL 11-141

Proposed by:

Hon. Terrence Fong

11th Legislature, 3rd Regular Session 2025

Be it enacted by the Legislature of the State of Yap.

Section 1

The sum of $235,126.10, or so much thereof as may be necessary, is hereby appropriated from the Special Revenue Fund of the State of Yap, from the Infrastructure Maintenance Fund (IMF), for the purpose of providing funding to fund a certain repair and renovation projects during Fiscal Year 2026. The sum appropriated shall be apportioned as follows:

(1) Government Housing:

(a) Quarter No. 43 ………. $ 113,921.85; and (b) Quarter No. 50……… $ 121,204.25.

Section 2

Conditions and Restrictions.

(1) Funds appropriated by this Act shall not be available for obligation for their planned uses by the agency until the respective grant cash amounts have been drawn down by the State and are deposited in their respective State accounts and available for disbursement.

(2) The sum appropriated by this Act shall not be advanced to the agency. Memorandum of agreement (MOA) or other forms of agreement the purpose of which is to obligate and disburse to the agency any amounts from the sum appropriated herein, including reimbursements for payments is prohibited.

(3) All funds appropriated by this Act shall be maintained under the authority of the Director of the Office of Administrative Services.

Section 3

Allotment and Management of Funds, and Lapse Date.

The sum appropriated by this Act shall be éllotted to the Governor who shall be responsible for ensuring these funds are used only for the purposes specified under Section 1 of this Act. The sum appropriated by this Act shall be administered in accordance with the provisions of applicable law, including, but not limited to, the State Financial Management Act of 1983 and the State Contracts Act. The authority to obligate the funds appropriated by this Act shall lapse as of September 30, 2026, and any part of this appropriation not obligated as of September 30, 2026 shall revert to the Special Revenue Fund of the State of Yap.

Section 4

Reports.

The Governor shall submit to the Legislature the performance and financial quarterly reports for each quarter in each fiscal year no later than twenty days after the end of each quarter. Each quarterly report shall include, but not limited to, complete descriptions of the obligations incurred against the funds appropriated by this Act, and the status of the funds as of the end of the completed quarter.

Section 5

This Act shall take effect upon its approval by the Governor, or upon its becoming law

without such approval.

Bill Enacted

YSL 11-141

Bill passed: 8 October 2025.

The attached file is a copy of the bill that was signed into law by the legislature. In any case of dispute, the authoritative copy of the legislation shall always be considered to be the copy that is held by the records office of the Yap Legislature.

Progress of the Legislation

No further information available.

Assigned to Committee

Finance Committee

Bill Introduced

11-152

Date introduced: 14 August 2025.

Download the original version of the bill that was introduced to the legislature. This downloadable PDF always takes precedence over the text description of the bill on this page.

YAP STATE
LEGISLATURE