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House OKs gradual $1.75 cigarette tax hike bill

By a vote of 18-0, the House of Representatives approved yesterday a bill gradually increasing the CNMI’s cigarette tax from the current $2 to $2.75 for three years, and then to $3.75 after that. The conference committee version of the health and revenue-generating bill also has...
Posted On Aug 01 2014 04:00
, By Haidee V. Eugenio

Escrow deal may be amended to move the Aug. 1 deadline

Rather than rush into a casino development agreement with contentious issues still involved, parties may amend an escrow deal for a $30 million deposit so that the Aug. 1 deadline for the release of the funds to the original owners could be extended. Best Sunshine International...
Posted On Jul 31 2014 04:04
, By Haidee V. Eugenio

Gradual $1.75 cigarette tax hike in compromise bill

Smokers would soon need to cough up more money to puff a cigarette as the House of Representatives is likely to pass today a “compromise” bill increasing the CNMI’s cigarette tax from the current $2 to $2.75 for three years, and then to $3.75 after that. That’s a total of $1.75...
Posted On Jul 31 2014 04:00
, By Haidee V. Eugenio

$70K annual salary for OAG Civil Division chief

Gov. Eloy S. Inos certified and approved the over-the-cap salary of Civil Division chief Reena J. Patel of the Office of the Attorney General, who will now be receiving $70,000 per annum. The CNMI Compensation Adjustment Act sets the salary ceiling for government employees at...
Posted On Jul 31 2014 04:00
, By Haidee V. Eugenio
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//Haidee V. Eugenio

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