The Committee on Resources, Education and Development (RED) of the Eleventh Legislature of the State of Yap, Fourth Regular Session, 2026, will hold a public hearing concerning Bill No. 11-162.

About this Bill

Bill No. 11-162:

To amend Title 22 of the Yap State Code by amending Sections 303, 305 and 307 concerning the Yap Foreign Investment Act, to reduce the amount of capital required for foreign investment when the foreign investor is a professional, and for other purposes.

Who Should Attend

This hearing is open to all residents of Yap State. We especially welcome:

• Governor Francis Itimai;
• Attorney General Viliame Lagonilakeba;
• Director Bernard Gorong, Department of R&D;
• Chief Tony Rutmag from Division of Commerce & Industry, Department of R&D;
• FIP Representative(s).

Read the Full Bill

You can read the full text of the Bill on this website. A printed copy is also available at the Yap State Legislature office during working hours.

Contact Us

For questions about this hearing, please contact the Office of the Clerk of the Legislature. Contact details are on the Contact page of this website.