Be it enacted by the Legislature of the State of Yap.
Section 1
Section 1 of Yap State Law No. 11-92, is hereby amended to read as follows:
“Section 1. The sum of $7,105.60, or so much thereof as may be necessary, is hereby appropriated
for Historic Preservation Office projects and programs, the remaining balance of funds previously
appropriated under Yap State Law No. 11-33, from the Special Revenue Fund of the State of Yap during
Fiscal Year 2025. The sum appropriated shall be apportioned in accordance to the following
schedule:
(1) FY2022 HPF/Operation $ 105.60; and
(Grant No. P23AF00017-00/01/03, Advice Nos. 520Y24030 and 520Y25019)
(2) FY2022 HPF/Special Projects ….. $ 7,000.
(Grant No. P23AF00017-00/01/03, Advice Nos. 520Y24031 and 520Y2518)”
Section 2
Section 3 of Yap State Law No. 11-92 is hereby amended to read as follows:
“Section 3. Allotment and Management of Funds, and Lapse Date. The sum appropriated by this Act shall be
allotted 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 April 15, 2026, and any part of this appropriation not obligated as of April 15, 2026, shall revert to the Special Revenue Fund of the State of Yap.”
Section 3
This Act shall take effect upon its approval by the Governor, or upon its becoming law without such approval.