Government of the Federated States of Micronesia

President Urusemal signs final measures from 14th FSM Congress

Palikir, POHNPEI (FSM Information Service): May 10, 2007 - PL.14-104: amends the budget laws (PL. 14-95 & 14-99) to appropriate the $2,418,036 for supplement the FY-2007 budget. While PL No. 14-105 through PL No. 14-109, were amendments to previous laws funding various public projects in the four states. In his transmittal letters, the President had noted his concerns over the disparities between the figures from Congress and those from the Department of Finance and Administration (F&A). He therefore advised Congress that the Department will "certify and pay only the amount available in each project account."

PL.14-110: amends Title 54 (Taxation and Customs) of the FSM Code as it relates to: expanding the tax payers subject to the corporate income tax regime, re-defining paid-in-capital or equity of corporations, and insertion of a provision requiring submission of certain audited financial statements.

Along with the newly signed Laws were fifteen Resolutions as adopted by the Sixth Special Session of the 14th FSM Congress and the 1 day Seventh Special Session:

C.R. No. 14-89 Calling on the President of the Federated States of Micronesia to establish a Special Task Force on accelerated Sea-Level Rise.

C.R. No. 14-112 Expressing concern over the torment and cruelty appearing in broadcast images of recent executions carried out in the State of Iraq and calling upon the Nations of the world to eliminate abuse and torment in carrying out executions.

C.R. No. 14-115 The Federated States of Micronesia's accession to the revised constitution of the Asia-Pacific Telecommunity.

C.R. No. 14-116 Confirming the nomination of Garrison Jovan Irons to be a member of the Federated States of Micronesia Social Security Board

C.R. No. 14-117 Recognizing the continuing accomplishments of Mr. Manuel Miningfel of the State of Yap for his continued accomplishments and success in the international sport of weightlifting.

C.R. No. 14-118 To approve a technical assistance grant from the U.S. Department of the Interior to provide fund to implement the "FSM Machine Readable Passports" modernization project.

C.R. No. 14-120 Setting the ceiling of the National Funds estimated to be available for appropriation from the General Fund of the Federated States of Micronesia for the fiscal year ending September 30, 2007.

C.R. No. 14-121 Expressing the sadness and condolences of the Fourteenth Congress of the Federated States of Micronesia at the passing of the Honorable Johnny Reklai, President of the Senate of the Republic of Palau.

C.R. No. 14-122 Expressing the sadness and condolences of the Fourteenth Congress of the Federated States of Micronesia at the passing of Chief Andrew B. Ruepong of the State of Yap.

C.R. No. 14-123 To approve a grant from the United States Centers for Disease Control (CDC) for implementation of a comprehensive cancer control program for the Federated States of Micronesia and each of the FSM States.

C.R. No. 14-124 Calling on the President and the FSM Public Auditor to initiate and audit of the use of compact funds by the State of Kosrae.

C.R. No. 14-125 Expressing the sadness and condolences of the Fourteenth Congress of the Federated States of Micronesia at the passing of the former President of the Federated States of Micronesia, His Excellency , Tosiwo Nakayama.

C.R. No. 14-126 Expressing the gratitude of the People of the Federated States of Micronesia to the Honorable Peter M. Christian for his many years of dedicated service as a member and Speaker of the Congress of the Federated States of Micronesia.

C.R. No. 14-127 Expressing the gratitude of the People of the Federated States of Micronesia to the Honorable Claude H. Phillip for his many years of dedicated service as a member and Vice Speaker of the Congress of the Federated States of Micronesia.

C.R. No. 14-128 Expressing the gratitude of the people of the Federated States of Micronesia to the Honorable Ramon Peyal for his dedicated service as a member of the Thirteenth and Fourteenth Congress of the Federated States of Micronesia.


For further information on this release, please contact:

FSM Office of the President
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Palikir Station, Pohnpei, FM 96941
Tel.: (691) 320-2548/2092
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