Gov. Eloy S. Inos vetoed Tuesday an anti-price gouging bill for Rota, saying there are already laws in place to prevent price gouging in the entire CNMI when there is a sudden increase in demand or a decrease in supply due to an emergency or disaster.<\/p>\n
Inos, however, said he completely agrees with House Local Bill 18-18, Substitute 1\u2019s goal of prohibiting price-gouging on Rota during a state of emergency or disaster.<\/p>\n
\u201cI have carefully considered the intent and structure of HLB 18-18, S1 and have decided to veto this legislation,\u201d the governor said in his message to Rota Legislative Delegation chair Rep. Teresita Santos (R-Rota) and House Speaker Joseph Deleon Guerrero (Ind-Saipan).<\/p>\n
The governor also said the enforcement and penalty provisions in the Disaster Price Freeze Act of 1996 and the Consumer Protection Act are superior to those proposed in HLB 18-18, S1 \u201cand will therefore better prevent inappropriate and unlawful increases in the prices of consumer products on any basis caused by a natural disaster or other emergency situation.\u201d<\/p>\n
Inos said these existing CNMI-wide prohibitions against price-gouging include any such transactions that would happen on Rota and therefore the proper enforcement of existing laws will better prevent illegal pricing of consumer products caused by a natural disaster or other emergency situations. <\/p>\n","protected":false},"excerpt":{"rendered":"
Gov. Eloy S. Inos vetoed Tuesday an anti-price gouging bill for Rota, saying there are already laws in place to prevent price gouging in the entire CNMI when there is a sudden increase in demand or a decrease in supply due to an emergency or disaster.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-174875","post","type-post","status-publish","format-standard","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/174875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=174875"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/174875\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=174875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=174875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=174875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}