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$2.5M in electronic gaming fee now part of budget

Gov. Eloy S. Inos’ proposed $134 million budget includes $2.5 million in projected revenue from electronic gaming fees, but both the electronic gaming law and the recently signed Saipan casino law seek to restore the 25 percent cut in retirees’ pension. The administration expects...
Posted On Apr 04 2014 14:22
, By Haidee V. Eugenio

Pot legalization, 50-cent cigarette tax hike on Senate panel’s agenda

Senators are now tinkering with the idea of legalizing marijuana in the CNMI for medicinal and recreational use similar to Colorado, which forecasts nearly $1 billion in sales next fiscal year, while at the same time reducing to only 50 cents every three years a House proposal to...
Posted On Apr 04 2014 14:22
, By Haidee V. Eugenio

New petition out to put Article 12 on the ballot

A non-profit group launched yesterday a signature drive to place on the ballot a question on Article 12, the NMI Constitution’s provision allowing only persons of Northern Marianas descent to own land in the CNMI. Signing the petition between now and early June does not mean...
Posted On Apr 03 2014 13:08
, By Haidee V. Eugenio

Inos submits $134M budget

Gov. Eloy S. Inos sent to the Legislature his proposed fiscal year 2015 budget of more than $134.33 million—the highest in five years—at around 8:30pm on Tuesday, less than four hours before the deadline. Despite a $10.9 million increase from the 2014 budget, the new spending...
Posted On Apr 03 2014 13:06
, By Haidee V. Eugenio
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//Haidee V. Eugenio

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