Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698141969967.pdf (Micronesia, Federated States of)
TWELFTH CONGRESS OF THE FEDERATED STATES OF MICRONESIA THIRD SPECIAL SESSION, 2002 C.B.

NO.

12-115 A BILL FOR AN ACT To further amend Public Law No.

12-12, as amended, by amending section 7 to provide $31,508 as supplemental funding for the Office of the National Election Director's Re-registration Drive, and for other purposes.

BE IT ENACTED BY THE CONGRESS OF THE FEDERATED STATES OF MICRONESIA: 1 Section 1.

Section 7 of Public Law No.

12-12, as amended by 2 Public Law No.


12-24, is hereby further amended to read as 3 follows: "Section 7.

Special programs.

The sum of [$1,604,920] $1,636,428, 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 the following special programs during fiscal year 2002.
Of the total funds appropriated under this section, $43,200 shall be deemed to come from the funds available under section 215(b)(2) of the Compact of Free Association.

The sum appropriated by this section shall be apportioned as follows: (1) FSM Aquaculture Center $129,717, for the outputs set forth in the performance budget pages F1.1 through F1.2 of the budget book.
Of the total funds appropriated under this subsection, $4,800 shall be CBL 12-126 C.B.

NO.

12-115 deemed to come from the funds available under section 215(b)(2) of the Compact of Free Association.

(2) Joint Committee on Compact Economic Negotiations (JCN) $946,769, for the activities set forth in the performance budget pages F2.1 through F2.2 of the budget book.
Of the amount appropriated by this subsection, $50,000 shall not be allotted until such time as a contract for an eminent economist is executed, and then these funds shall be used only for the purpose of paying amounts due under that contract.

Of the total funds appropriated under this subsection, $38,400 shall be deemed to come from the funds available under section 215(b)(2) of the Compact of Free Association.
(3) National Government Early Retirement Loan Repayment Fund $282,309 for the repayment of the Asian Development Bank financed early retirement loan.

(4) FSM National Government Employee Retirement Plan $-0-, for the purpose of providing the initial capital for a retirement plan for the employees of the FSM National Government.
(5) Office of the National Election Director [$246,125] $277,633, for the purpose of funding the operations of the Office of the National Election Director, including the national election offices in 2 of 3 C.B.

NO.

12-115 1 2 3 each of the four states."

Section 2.

This act shall become law upon approval by the 4 President of the Federated States of Micronesia or upon its 5 becoming law without such approval.
6 7 Date: 6/26/02_______ Introduced by: /s/ Dohsis Halbert_______ Dohsis Halbert of 3 C.B.

NO.

12-115 1 2 4 of 3