Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698744103110.pdf (Micronesia, Federated States of)
FOURTEENTH CONGRESS OF THE FEDERATED STATES OF MICRONESIA FIRST REGULAR SESSION, 2005 CONGRESSIONAL BILL NO.

14-48 PUBLIC LAW 14-7 AN ACT To further amend Public Law No.

12-12, as amended, by amending section 13 thereof, to change the uses of funds appropriated for capital improvement, development programs and projects and human resource development in the State of Chuuk, and for other purposes.

BE IT ENACTED BY THE CONGRESS OF THE FEDERATED STATES OF MICRONESIA: 1 Section 1.
Section 13 of Public Law No.

12-12, as amended by 2 Public Laws Nos.

12-21, 12-24, 12-35, 12-48 and 13-18, is hereby 3 further amended to read as follows: "Section 13.

Capital and Human Resource Development.

The sum of $10,915,200, or so much thereof as may be necessary, is hereby appropriated from the General Fund of the Federated States of Micronesia for the fiscal year ending September 30, 2002, for capital improvement, development programs and projects and human resource development.
Of the total funds appropriated under this section, $2,737,926 shall be deemed to come from the capital account funds available under section 211 of the Compact of Free Association, and $1,387,700 from the funds available under section 216(a)(3) of the Compact of Free Association.
The sum appropriated under this section shall be apportioned as follows: (1) College of Micronesia-FSM (a) Operations of the College of Micronesia-FSM, including planning and CBL 14-51 CONGRESSIONAL BILL NO.
14-48 PUBLIC LAW 14-7 construction of new facilities ............$ 3,067,000 (b) Student assistance for tuition and housing to be deemed as deriving from section 216(a)(3) of the Compact of Free Association PROVIDED that these funds shall be used strictly for direct financial assistance to COM-FSM students, and PROVIDED FURTHER that the co-payment by the student or the student's parent must be proportionally the same for each in relation to their total obligation, and PROVIDED FURTHER that only students maintaining a passing grade point average will be eligible to receive these funds.
The funds appropriated under this subsection shall be apportioned as follows: (i) General assistance ........$ 295,000 (ii) Assistance for courses on Micronesian Government and Politics ........ 5,000 (c) COM-FSM Multi-purpose gymnasium furnishing ................................. 60,000 (d) COM-Faculty office furnishing ... 40,000 (e) Chuuk State Congressional Projects: (i) E.D.

No.

1 public projects... 180,000 (ii) E.D.

No.


2: 2 of 7 CONGRESSIONAL BILL NO.

14-48 PUBLIC LAW 14-7 a) Road improvements ..... 90,000 b) Economic assistance grants ....................................$ 40,000 c) Social assistance grants ..................................... 20,000 d) Student assistance grants ..................................... 10,000 e) Northern Namoneas Development Authority operations ........... 20,000 (iii) E.D.
No.

3: a) Educational grant assistance, other social and economic project grants and legal fees, which amount represents the funds expended as of April 27, 2005 ....................... 178,841 b) Medical supplies ...... 1,159 (iv) E.D.

No.

4: a) Vehicles for capital improvement projects in Election District No.
4 40,000 b) Project coordinator's office for Tolensom Development Authority .. 40,000 c) Post-secondary student assistance grants .................. 10,000 d) Legal fees ............ 10,000 e) Repair of Neuut bridge 20,000 3 of 7 CONGRESSIONAL BILL NO.

14-48 PUBLIC LAW 14-7 f) Other public social and economic projects .......................... 60,000 (v) E.D.

No.
No.

5 Houk Airport Project Grant .............................$ 180,000 (vi) State-wide public projects .
100,000 (f) FSM Fisheries and Maritime Institute .................................. 663,000 (2) Post-secondary educational assistance to be deemed as deriving from section 216(a)(3) of the Compact of Free Association: (a) Kosrae State .................... 126,661 (b) Pohnpei State ................... 288,003 (c) Chuuk State Scholarships, PROVIDED that the selection committee is required to provide to the State Scholarship Coordinator, copies of all documents which would provide details of the applicants, their grade point average, the courses studied and the institution attended, as well as names of those applicants who are selected to receive a scholarship and the amount proposed.
This requirement must be satisfied prior to the release of scholarship funds to the students selected.

(i) General assistance ......... 271,716 4 of 7 CONGRESSIONAL BILL NO.
14-48 PUBLIC LAW 14-7 (ii) Scholarships for student's with the highest grade point averages ...... 140,000 (d) Yap State ......................$ 161,320 (e) Graduate and Professional School Scholarships–all States .................... 100,000 (3) National Staff Upgrading ............. -0- (4) FSM Capitol complex renovation ....... 200,000 (5) Micronesian Entrepreneur Development Center ..................................... 60,000 (6) FSM Development Bank - Development Loan Program ............................... 1,000,000 (7) Pohnpei sports facilities improvement -0- (8) Yap sports facilities completion ..... 620,000 (9) FSM Trust Fund, PROVIDED that these funds shall be placed in the FSM Trust Fund until such time as an 'S' Account within the FSM Trust Fund is established by law, at which time the funds will be transferred to this account.
If no 'S' Account is established by law, the funds shall remain in the FSM Trust Fund until such time as they are appropriated by law .. 2,015,000 (10) FSM Consul General Guam residence construction ............................... 190,000 (11) National Visitors Bureau ............. 512,500 5 of 7 CONGRESSIONAL BILL NO.

14-48 PUBLIC LAW 14-7 1 2 3 (12) Chuuk State Multi-purpose Gymnasium .. 100,000" Section 2.
This act shall become law upon approval by the 4 President of the Federated States of Micronesia or upon its becoming 5 law without such approval.

6 June 9, 2005 /s/ Joseph J. Urusemal Joseph J. Urusemal President Federated States of Micronesia 6 of 7 CONGRESSIONAL BILL NO.

14-48 PUBLIC LAW 14-7 1 2 7 of 7