Title 48, Territories and Insular PossessionsRelease 119-102
§1962 Transition Funding
Title 48 › CHAPTER 18 — MICRONESIA, MARSHALL ISLANDS, AND PALAU › SUBCHAPTER II — PALAU › Part B — Implementation of Compact › § 1962
Summary
When applying section 1905(c)(2) to Palau, the labels "fiscal year 1987", "fiscal year 1988", and "fiscal year 1989" are treated as the first, second, and third fiscal years that begin after the Compact takes effect.
Full Legal Text
Title 48, §1962
Territories and Insular Possessions, Source: USLM XML via OLRC
For the purposes of applying section 1905(c)(2) of this title to Palau, the terms “fiscal year 1987”, “fiscal year 1988”, and “fiscal year 1989” in section 104(c) of Public Law 99–658 shall be deemed to be the first, second, and third fiscal years, respectively, beginning after the effective date of the Compact.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
section 104(c) of Public Law 99–658, referred to in text, is section 104(c) of Pub. L. 99–658, title I, Nov. 14, 1986, 100 Stat. 3676, which amended section 1905 of this title. For Oct. 1, 1994, as the
Effective Date
of the Compact of Free Association with Palau referred to in text, see Proc. No. 6726, Sept. 27, 1994, 59 F.R. 49777, set out as a note under section 1931 of this title. Codification Section was formerly set out as a note under section 1681 of this title.
Reference
Citations & Metadata
Citation
48 U.S.C. § 1962
Title 48, Territories and Insular Possessions
Last Updated
Aug 21, 2026
Release point: 119-102