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OPINION | Sunrise Report 24: The End of an Era!

THE casino era’s end is at hand and the Casino Commission is finally drawing a line in the sand with the suspension of IPI’s Gaming License and imposing a 6.6

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NMI government slowly paying debts

WITH reimbursements from the federal government, the Commonwealth has been slowly paying down its debts, Finance Secretary David DLG Atalig told the House Ways and Means Committee on Tuesday. He said in the first quarter of fiscal year 2021, the CNMI government paid $700,000 for a 2007 general obligation bond. The Commonwealth is obligated to pay $7 million annually for the bond.  Next month, Atalig said the administration expects to make an additional payment of $2.9 million for the bond. He said the government is also required to remit $40 million annually to the CNMI Settlement Fund to pay 75% of the retirees’ pension. Atalig said in the first quarter of the fiscal year, the government paid about $6 million to the Settlement Fund.

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Official: NMI government earned $21,500 in cannabis fees in 2 months

Nadine Deleon Guerrero It was the House Commerce and Tourism Committee, chaired by Rep. Denita Yangetmai, that asked the cannabis commissioners to provide the 22nd House members and the public an update about the CNMI’s newest industry. Cannabis Commission Chairwoman Nadine Deleon Guerrero, in a slide presentation, informed lawmakers that last week, the commission collected a $750 fee for the first Marijuana Producer Class 2 application. For Class 3 application fee, which costs $1,000 apiece, the commission has already collected $6,000 from six different applicants, Deleon Guerrero said. In addition, the commission has collected $1,000 in marijuana processor fee; $250 wholesaler license fee; and a total of $6,000 in retailer fees from six different applicants.

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End of transition means unemployment for NMTI personnel

End of transition means unemployment for NMTI personnel
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Senate reorganizes committees

Senate reorganizes committees
mvariety.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mvariety.com Daily Mail and Mail on Sunday newspapers.

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