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[Yap State News] Congress Passes Several Bills Benefiting the State of Yap

 

Resource: Yap State News Brief/ February 21, 2013

The 17th Congress of the Federated States of Micronesia held its sixth regular session from January 7th to the 23rd, 2013. Some of the Bills that the FSM Congress deliberated and acted upon that were particularly related to the needs of the State of Yap included the following Congressional Acts:

Congressional Act No. 17-84, is “[a]n Act to authorize the President of the Federated States of Micronesia, or his designee, to execute a sovereign guarantee to secure an Asian Development Bank Loan for the Yap Renewable Energy Development Project, and for other purposes.”

This CA No. 17-84, which was approved by the FSM President on February 12, 2013, and assigned Public Law No. 17-80, authorizes the appropriation of $9.6 million out of the FSM General Fund to guarantee the repayment of an Asian Development Bank (ADB) loan for Yap State’s Renewable Energy Development Project in the event that Yap defaults in its repayment. The total proposed project cost is about $11.16 million, from which over $9 million will be funded through an ADB loan, and the remaining $2 million plus to be funded by the State. The Yap Renewable Energy Development Project will support the development of wind and solar power, improve efficiency of diesel generation, and build technical capacity.

Another Congressional Act directly benefiting the State of Yap, included CA No. 17-74, which is “[a]n act to amend sections 2, 3, 4, 5 and 6 of Public Law No. 17-68 for the purpose of changing the use and allottee of certain funds previously appropriated to fund public projects and social programs in the States of Yap, Kosrae, Pohnpei and Chuuk, and for other purposes.”

This CA No. 17-74, now Public Law No. 17-71, allows funding for five new additional public projects and social programs to those already existing for the State of Yap. These includes the:

A.    Rumung water channel restoration for $30,000

  1. Milew community house repair supplemental for $13,000
  2. Woleai runway repair supplemental for $20,000
  3. Amin, Maap community project for $30,000
  4. And, the Yap Government Employees Credit Union (YGECU) subsidy for $10,000

Other notable Congressional Acts and Resolutions during the sixth regular session includes:

CA No. 17-82, which the President has signed into law as PL No. 17-76 is “an act to appropriate the sum of $50,000 from the General Fund of the Federated States of Micronesia for the fiscal year ending September 30, 2013, in support of the typhoon Bopha relief efforts in the Republic of Palau and in Samoa, and for other purposes.”

CA No. 17-80, which the President has signed into law as PL No. 17-79 is “an act to further amend Section 672 of Title 55 of the Code of the Federated States of Micronesia, as amended by PL NO. 16-66, in order to allow expenditures for oil, provisions and spare parts for FSM patrol and surveillance boats to be charged against the Maritime Surveillance revolving fund, and for other purposes.”

Congressional Resolution (CR) No. 17-195, which is a resolution confirming the nomination of Mr. Peter Gramfel to serve as a member representing the State of Yap on the Board of Directors of the National Oceanic Resource Management Authority (NORMA).

A list of all Congressional Acts and Resolutions passed by the 17th Congress during the sixth regular session, some of which have been passed into law and others vetoed, can be found on the FSM Congress website at http://www.fsmcongress.fm. For more information you can also call your Yap Congressional Delegation Office at 350-2199 during government working hours.

Resource: Yap State News Brief/ February 21, 2013

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