The Department of Finance is preparing to release by next month the CNMI\u2019s own stimulus package in the amount of $500 per taxpayer using American Rescue Plan Act funds.<\/p>\n
That\u2019s according to Finance Secretary David DLG Atalig, who said Monday that they are looking at 41,000 taxpayers who will benefit. That\u2019s a total of around $22 million in stimulus payments.<\/p>\n
Atalig said Gov. Ralph DLG Torres has allocated over $31 million in ARPA funding for this purpose, which the CNMI government is calling \u201clocal stimulus.\u201d<\/p>\n
\u201cThe goal is to have that program by the end of July, giving each taxpayer at least $500 that they can spend to help their families as they go through the pandemic,\u201d he said.<\/p>\n
In addition, the government is also planning to help pay for the utility bills of all residential accounts to help residents with the high cost of utilities, Atalig disclosed. He said $10 million to $15 million will be divided equally among all residential accounts, but commercial or government accounts are not included. Atalig did not specify when they are going to release the utility payments.<\/p>\n
The secretary said they may allocate more than $31 million, as the total payments for both stimulus and utility reaches about $37 million.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Department of Finance is preparing to release by next month the CNMI\u2019s own stimulus…<\/p>\n","protected":false},"author":23,"featured_media":346156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[26],"class_list":["post-346144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-cnmi"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/346144","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\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=346144"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/346144\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media\/346156"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=346144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=346144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=346144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}