{"id":406145,"date":"2024-02-22T14:00:00","date_gmt":"2024-02-22T14:00:00","guid":{"rendered":"https:\/\/www.saipantribune.com\/?p=406145"},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-29T14:00:00","slug":"Senate-OKs-resolutions-to-establish-PPP-encourage-Web-based-digital-economy","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/Senate-OKs-resolutions-to-establish-PPP-encourage-Web-based-digital-economy\/","title":{"rendered":"Senate OKs resolutions to establish PPP, encourage Web-based digital economy"},"content":{"rendered":"

The Senate adopted on Tuesday a resolution to request Gov. Arnold I. Palacios to seek the assistance of the federal government to establish a Paycheck Protection Program to help businesses keep their workforce employed during the post-COVID-19 pandemic economic recession.<\/p>\n

The Senate also adopted during the same session a resolution to encourage the public and private sectors to actively work to support the acquisition and retention of resident individuals and businesses participating in the internet-based digital economy.<\/p>\n

The Senate adopted Senate Resolution No. 23-13 and Senate Resolution No. 23-14 without discussions. Senate President Edith E. DeLeon Guerrero (D-Saipan) is the author of both resolutions.<\/p>\n

On Senate Resolution No. 23-13, DeLeon Guerrero earlier stated that they need to find ways to help businesses stay afloat while the lack of sufficient flights\/tourists is being navigated.<\/p>\n

The Senate president said the PPP saves jobs and businesses. She noted that many businesses are still struggling and are far from their pre-pandemic levels.<\/p>\n

She stated in the resolution that one way to assist businesses and their employees during this difficult time is to request for federal assistance to establish a CNMI-only PPP for a certain period of time, similar to the Small Business Administration\u2019s PPP during the COVID-19 crisis.<\/p>\n

With respect to Senate Resolution No. 23-14, DeLeon Guerrero earlier stated that the CNMI will reap significant benefit from attracting internet-based businesses and remote workers to become residents.<\/p>\n

\u201cBesides tourism, this is another business sector of an economy that we can attract into our market to generation additional revenue,\u201d the Senate president told Saipan Tribune<\/em>.<\/p>\n

She stated in the resolution that CNMI-based remote workers earn their income from sources outside the CNMI, yet these workers spend that income and pay taxes on that income in the Commonwealth.<\/p>\n

<\/p>\n

Senate President Edith E. DeLeon Guerrero (D-Saipan) presides over a Senate session Tuesday afternoon. One of the Senate actions taken that day was passing two Senate resolutions introduced by DeLeon Guerrero.<\/p>\n

-Ferdie de la Torre
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The Senate adopted on Tuesday a resolution to request Gov. Arnold I. Palacios to seek…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-406145","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\/406145","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=406145"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/406145\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=406145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=406145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=406145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}