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FY 2005 Supplemental Authorization and Appropriation Act, RPPL 7-10 2005

SEVENTH OLBIIL ERA KELULAU
Seventh Special Session, August 2005 RPPL NO: 7-10
(H. B. No. 7-53-7S, HD2, SD2)

A BILL FOR AN ACT

To authorize and appropriate additional sums from the National Treasury for the general operations budget of the Republic of Palau for the fiscal year ending September 30, 2005 and for related purposes.

THE PEOPLE OF PALAU REPRESENTED IN THE OLBIIL ERA KELULAU DO ENACT AS FOLLOWS:

Section 1. Short Title. This Act may be cited as "The Fiscal Year 2005 Supplemental Budget Authorization and Appropriation Act."

Section 2. Amendment. Sections 2 and 3 of RPPL No. 7-7, as amended by RPPL No. 7--9, are hereby amended to read as follows:

"Section 2. Executive Branch Operations. The sum of $31,130,000 is hereby authorized to be appropriated and is appropriated for expenditure and obligation for fiscal year 2005 for the purpose of covering the operational and contingent expenses of the Executive Branch. The total amount authorized to be appropriated and appropriated shall be made up of the following available revenues: The amount of $19,536,000 shall come from local revenues; the amount of $4,000,000 shall come from Compact Section 211(a) funds; the amount of $3,720,000 shall come from the Compact Section 215 Inflation Adjustment fund derived from Compact Section 211(a); the amount of $150,000 shall come from Compact Section 211(c) funds and shall be applied to subsection (4)(1); the amount of $93,000 shall come from the Compact Section 215 Inflation Adjustment funds derived from the inflation adjustment of Compact Section 211(c) and shall be applied to subsection (7)(c); the amount of $631,000 shall come from Compact Section 211(d) funds and shall be applied to subsection (8)(e); and the amount of $3,000,000 shall come from Compact Section 211(f) Trust Fund Investment Earnings. The total authorization and the total appropriation shall be allocated according to the following schedule, respectively:

(1) Office of the President

(a) President's Office $919,000

. . . .

(e) Council of Chiefs -0-

Sub-Total $1,053,000

. . . .

(10) Ministry of Resources & Development

. . . .

. . . .

(g) CIP Office Operations $200,000

. . . .

. . . .

Sub-Total $6,161,000

Section 2 Total $31,130,000

Section 3. Boards, Commissions, and Authorities. The sum of $679,000 is hereby authorized to be appropriated and is appropriated for expenditure and obligation for fiscal year 2005 for the purpose of covering the operational and contingent expenses of Boards, Commissions, and Authorities. The entire amount of the funds authorized to be appropriated and appropriated shall come from local revenues. The total authorization and the total appropriation shall be allocated according to the following schedule, respectively:

. . . .

. . . .

(8) Financial Institutions Commission $100,000

Section 3 Total $679,000"

. . . .

Section 3. Amendment. Section 5 of RPPL No. 7-7, as amended by RPPL No. 7-9, is hereby amended to read as follows:

$3,626,500

"Section 5. Legislative Branch. The sum of $3,676,500 is hereby authorized to be appropriated and is appropriated for expenditure and obligation for fiscal year 2005 for the purpose of covering the operational and contingent expenses of the Legislative Branch. The total amount authorized to be appropriated and appropriated shall be made up of the following available $2,626,500 revenues: The amount of $2,676,500 shall come from local revenues; and the amount of $1,000,000 shall come from Compact Section 211(f) Trust Fund Investment Earnings. The total authorization and the total appropriation shall be allocated according to the following schedule, respectively:

. . . .

-0-

-(6) Government Accountability Office $50,000

. . . .

$3,626,500

Section 5 Total $3,676,500

Section 4. Amendment. Section 8 of RPPL No. 7-7, as amended by RPL No. 7-9, is hereby amended to read as follows:

"Section 8. Other Agencies and Activities. The sum of $1,780,000 is hereby authorized to be appropriated and is appropriated for expenditure and obligation for fiscal year 2005 as grants or subsidies for recurring programs and activities. The total amount authorized to be appropriated and is appropriated shall be made up of the following available revenues: the amount of $780,000 shall come from local revenues; and the amount of $1,000,000 shall come from Compact Section 211(a) funds. The total authorization and the total appropriation shall be allocated according to the following schedule, respectively:

(1) Palau National Museum $170,000

. . . .

Section 8 Total $1,780,000"

Section 5. Effective Date. This Act shall take effect upon its approval by the President of the Republic of Palau or upon becoming law without such approval, except as otherwise provided by law.

PASSED: August 19, 2005

Approved this 29th day of August 2005.

___________/s/
Tommy E. Remengesau, Jr.
President, Republic of Palau