Palau Compact of Free Association Implementation Act

[AI summary unavailable — showing source text] Palau Compact of Free Association Implementation Act - Authorizes the entry into force of the Compact of Free Association between the United States and Palau (the Compact), subject to specified determinations of approval by the Appellate Division of the Supreme Court of Palau or by referendum. Directs the President to negotiate: (1) an agreement with the Government of Palau to establish an office of public auditor; (2) an agreement regarding responses to an audit by the Comptroller General of the United States or the Secretary of the Interior; (3) agreements for the establishment of an independent office of special prosecutor and for the provision of law enforcement assistance and U.S.-Palau law enforcement cooperation; (5) an agreement providing for the submission by the Palau Government of a national development plan; and (6) agreements for the provision of medical, capital improvement, and further referendum cost assistance. Directs the Secretary to: (1) provide assistance for the development and promulgation of regulations regarding expenditures; and (2) negotiate an agreement guaranteeing purchase by the Federal Financing Bank of Palau Government obligations issued to refinanc…