Finance Committee

Reviews and oversees legislation relating to the state budget, appropriations, taxation, and public financial management.

The Finance Committee is responsible for examining all legislation relating to the state budget, public expenditure, taxation, and financial governance. The committee plays a central role in the appropriations process, scrutinising how public funds are allocated and ensuring that the state’s financial resources are managed responsibly and in the best interests of the people of Chuuk.

Committee Members

Hon. Harris Rain
Chairman
Hon. Mike Maras
Vice Chairman
Hon. Arno H. Kony
Hon. Wisney Nakayama
Hon. Cheche Andrel Yamamoto

Legislation Assigned

Senate
Bill
3rd Proposed Supplemental, FY2026 Budget
SB 18-35
– Introduced: 7 Jul 2026
In Progress
Senate
Bill
To appropriate $35K to the Sinlaku Emergency Assessment Team
SB 18-34
– Introduced: 18 Jun 2026
In Progress
Senate
Bill
To appropriate the sum of $1.8M from the Public Infrastructure Grant
SB 18-24
– Introduced: 13 Nov 2025
In Progress
Senate
Bill
Proposed Budget for FY 2026 Federal Programs
CSL No. 18-25-09
– Passed: 13 Nov 2025
Passed
Senate
Bill
3 Months Grace Period for resigned and/or expired members’ terms of all Boards, Commissions, and Agencies
SB 18-21
– Introduced: 4 Nov 2025
In Progress
Senate
Bill
Establish a minimum wage
SB 18-16
– Introduced: 15 Aug 2025
In Progress
Senate
Bill
Debt Relief Fund
CSL No. 18-25-08
– Passed: 3 Nov 2025
Passed
Senate
Bill
Acquire private land, Chuuk State Supreme Court
SB 18-12
– Introduced: 15 Aug 2025
In Progress
Senate
Bill
Acquire private land for new Chuuk State Hospital
CSL No. 18-25-11
– Passed: 13 Dec 2025
Passed
Senate
Bill
Amendment to the Chuuk State Judiciary Act of 1990
SB 18-09
– Introduced: 5 Aug 2025
In Progress
Senate
Bill
Increasing the salary of the Registrar of Corporation
SB 18-08
– Introduced: 5 Aug 2025
In Progress
Senate
Bill
FY 2025 – Fifth Supplemental Budget Appropriation
CSL No. 18-25-05
– Passed: 28 Aug 2025
Passed