Bill

To appropriate the sum of $50,000 from the Special RevenueFund of the State of Yap for the purpose of providing fundingto authorize the Embassy of the People’s Republic of ChinaGrant for Ifalik Water Catchment during Fiscal Year 2026, andfor other purposes.

YSL 11-159

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 $50,000, or so much thereof as may be necessary, is hereby appropriated from the
Special Revenue Fund of the State of Yap for the purpose of providing funding to authorize the use of the grant
funds from the Embassy of the People’s Republic of China for the water catchment project in Ifalik Atoll during
Fiscal Year 2026. The sum appropriated shall be deemed the grant funds deposited into the Yap State Treasury on
December 18, 2025 as per check number 4476.

Section 2

Conditions and Restrictions.

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. 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.

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

(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 and the State Contracts Act. The authority to obligate the funds appropriated by this Act shall lapse as of September 30, 2026. Any part of this appropriation not obligated as of September 30, 2326 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 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.

Bill Enacted

YSL 11-159

Bill passed: 23 January 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. 11-187

21 Jan 2026

Assigned to Committee

Finance Committee

Bill Introduced

11-193

Date introduced: 22 January 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