To appropriate the sum of $28, 101 from the General Fund of the State of Yap for the purpose of providing funding to fund the Special Election in Election District No. 3 during Fiscal Year 2025, and for other purposes.

11-128
Proposed by:
11th Legislature, 3rd Regular Session 2025

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

Section 1

The sum of $28, 101, or so much thereof as may be necessary, is hereby appropriated from the General Fund of the State of Yap for the purpose of providing funding to fund the Special Election in Election District No. 3 scheduled for May 15, 2025 and as prescribed by the call for a Special Election issued on February 3,2025.

Section 2

Conditions and Restrictions.

(1) The sums appropriated by this Act shall not be advanced to any 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.

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

Section 3

Allotment and Management of Funds. and Lapse Date.

(1) The sum appropriated in Section 1 of this Act shall be allotted to the Governor.

(2) The allottee shall be responsible for ensuring these funds are used only for the purpose 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 30,2025. Any part of this appropriation not obligated as of September 30,2025 shall revert to the General Fund of the State of Yap.

Section 4

Reports.

The allottee shall submit to the Legislature the performance and financial quarterly reports for each of the quarters 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 the approval by the Governor, or upon its becoming law without such approval.

Progress of the Legislation

No further information available.

Assigned to Committee

Finance Committee

Bill Introduced

11-128
Date introduced: 24 February 2025.

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