FSMC, TITLE 42.  ECONOMIC DEVELOPMENT

 
 
 
Chapter 1:  Economic Development Plan

101.     Congressional ratification.
102.     Congressional ratification of amendments.

      101.  Congressional ratification.
     Before the President of the Federated States of Micronesia submits to the Government of the United States the official overall economic development plan as required by section 211(b) of the Compact of Free Association, the President must first submit such plan to the Congress of the Federated States of Micronesia for ratification by a vote of two-thirds of all the Members of Congress.

Source:  PL 3-22 1.

Cross-reference:  The statutory provisions on the President are found in title 2 (Executive) of this code.  The statutory provisions on the FSM Congress are found in title 3 (Legislative) of this code.

Editor's note:  The FSM Congress approved the "First National Development Plan, 1985-1989," by Congressional Resolution No. 3-207.

      102.  Congressional ratification of amendments.
     The President shall submit to the Congress of the Federated States of Micronesia for approval by a majority of the Members of Congress any substantive amendment to the official overall economic development plan.

Source:  PL 3-86 1.

Cross-reference:  The statutory provisions on the President are found in title 2 (Executive) of this code.  The statutory provisions on the FSM Congress are found in title 3 (Legislative) of this code.

Editor's note:  The FSM Congress approved the "First National Development Plan, 1985-1989," by Congressional Resolution No. 3-207.