Bill

To appropriate the sum of $17,700 from the General Fund of the State of Yap for the purpose of providing funding to fund the Micronesian Seminar Library (MicSem) during Fiscal Year 2026, and for other purposes.

YSL 11-164

Proposed by:

Hon. Terrence Fong

11th Legislature, 4th Regular Session 2026

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

Section 1

The sum of $17,700, 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 Micronesian Seminar Library
(MicSem) during Fiscal Year 2026.

Section 2

Conditions and Restrictions.

The sum appropriated by this Act shall not be used for purposes pertaining to any religious or faith-
based worship.

Section 3

Allotment and Management of Funds, and Lapse Date.

(1) The sum appropriated by this Act shall be
allotted to the Governor, or his designee.

(2) The Governor 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. The authority to obligate the funds appropriated by this Act shall lapse as of
September 30, 2026. Any part of the funds appropriated by this Act not obligated by September 30, 2026 shall
revert to the General Fund of the State of Yap.

Section 4

Reports.

The Governor shall submit a report to the Legislature no later than July 09,2026,
which shall provide full disclosure of the obligations incurred against the funds appropriated by this Act; the
status of the funds; and the indicated planned uses of
the funds.

Section 5

This Act shall take effect upon the approval by the Governor, or upon its becoming law
without such approval.

Bill Enacted

YSL 11-164

Bill passed: 26 February 2026.

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

Standing Comm. Report No. 11-204

25 Feb 2026

Assigned to Committee

Finance Committee

Bill Introduced

11-199

Date introduced: 25 February 2026.

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