Sixteenth Congress of the Federated States of Micronesia

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SIXTEENTH CONGRESS OF THE FEDERATED STATES OF MICRONESIA THIRD REGULAR SESSION, 2010 C.B. NO. 16-75 A BILL FOR AN ACT To appropriate the sum of $350,000 from the General Fund of the Federated States of Micronesia for the fiscal year ending September 30, 2010, for the purpose of providing funding for Infrastructure Maintenance Fund matching for the States of Yap, Kosrae, Chuuk and for furniture purchase for the State of Pohnpei, and for other purposes. BE IT ENACTED BY THE CONGRESS OF THE FEDERATED STATES OF MICRONESIA: 1 Section 1. The sum of $350,000, or so much thereof as may be 2 necessary, is hereby appropriated from the General Fund of the 3 Federated States of Micronesia for the fiscal year ending 4 September 30, 2010, for the purpose of providing funding for 5 Infrastructure Maintenance Fund matching for the States of Yap, 6 Kosrae and Chuuk and for purchase of furniture for the State of 7 Pohnpei. The funds appropriated under this section shall be 8 apportioned as follows: 9 (1) State of Yap ........................$ 75,000 10 (a) Matching fund for Infrastructure 11 Maintenance Fund ........................... 75,000 12 (2) State of Kosrae ...................... 75,000 13 (a) Matching fund for Infrastructure 14 Maintenance Fund ........................... 75,000 15 (3) State of Pohnpei ..................... 100,000 16 (a) Purchase of Furniture for the 17 new Administration Building ................ 100,000 18 (4) State of Chuuk ....................... 100,000 19 (a) Matching fund for Infrastructure 20 Maintenance Fund ..........................$ 100,000 CBL 16-91 C.B. NO. 16-75 1 Section 2. Allotment and management of funds and lapse date. 2 All funds appropriated by this act shall be allotted, managed, 3 administered and accounted for in accordance with applicable 4 laws, including, but not limited to, the Financial Management Act 5 of 1979. The allottee shall be responsible for ensuring that 6 these funds, or so much thereof as may be necessary, are used 7 solely for the purpose specified in this act, and that no 8 obligations are incurred in excess of the sum appropriated. The 9 allottee of the funds appropriated under Subsection (1)(a) of 10 Section 1 of this act shall be the Governor of Yap State. The 11 allottee of the funds appropriated under Subsection (2)(a) of 12 Section 1 of this act shall be the Governor of Kosrae State. The 13 allottee of the funds appropriated under Subsection (3)(a) of 14 Section 1 of this act shall be the Governor of Pohnpei State. The 15 allottee of the funds appropriated under Subsection (4)(a) of 16 Section 1 of this act shall be the Governor of Chuuk State. The 17 authority of the allottee to obligate funds appropriated by this 18 act shall not lapse. 19 20 21 22 23 24 25 Section 3. This act shall become law upon approval by the 2 of 3 C.B. NO. 16-75 1 President of the Federated States of Micronesia or upon its 2 becoming law without such approval. 3 4 Date: 1/28/10 Introduced by: /s/ Peter Sitan Peter Sitan 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 3 of 3 .

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