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Senate to act on Fund EO today

Senate President Paul Manglona (Ind-Rota) invited yesterday afternoon Gov. Benigno R. Fitial and Attorney General Edward Buckingham to this morning’s Senate session to discuss the governor’s executive order placing the NMI Retirement Fund under a state of emergency....
Posted On Jun 28 2012 09:10
, By Haidee V. Eugenio

Admin firm on Fund emergency

Some lawmakers are leaning toward “amending” Gov. Benigno R. Fitial’s executive order placing the NMI Retirement Fund under a state of emergency to incorporate most if not all of the agency’s concerns but some want either rejection or retention. This comes as Lt. Gov....
Posted On Jun 27 2012 08:01
, By Haidee V. Eugenio

Foreign corporation tax bill vetoed for the 2nd time

Gov. Benigno R. Fitial vetoed Friday a revised version of a foreign corporation tax bill that then acting governor Lt. Gov. Eloy S. Inos also vetoed, and they were for the same reasons of violating both the Covenant between the CNMI and the United States and the U.S. tax laws in...
Posted On Jun 26 2012 05:28
, By Haidee V. Eugenio

Lawmakers’ differing views on Fund emergency

NMI Retirement Fund administrator Richard Villagomez urged the Legislature to override Gov. Benigno R. Fitial’s executive order declaring a state of emergency for the pension agency, or at least address the Fund’s specific concerns such as clarifying that trust assets...
Posted On Jun 26 2012 03:28
, By Haidee V. Eugenio
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