1997 Micronesian parliamentary election

Parliamentary elections were held in the Federated States of Micronesia on 4 March 1997, alongside a referendum on tax revenues. All candidates for seats in Congress ran as independents.

The referendum proposed modifying Chapter 5, Article IX of the constitution: "National taxes shall be imposed uniformly. Not less than 50% of the revenue shall be paid into the treasury of the state where collected." to increase the amount of tax revenue returned to the states from 50% to 80%. In order to pass, the change required the approval of at least 75% of voters in three of the four states. Although it was approved by a majority in two states and in terms of the total number of votes, the 75% approval threshold was not passed in any of the four states.