Marianas Variety

Last updateThu, 21 Nov 2019 12am

Headlines:

     

     

     

     

     

    Wednesday, November 20, 2019-2:38:30A.M.

     

     

     

     

     

Font Size

Settings

$11.5M casino license fee spending bill now law

ACTING Gov. Arnold I. Palacios on Friday signed into law the Senate version of House Bill 21-78, which appropriates $11.5 million of the $15.5 million fee paid by Imperial Pacific International for the renewal of its annual casino license.

Click to enlarge
With lawmakers looking on, acting Gov. Arnold I. Palacios signs House Bill 21-78, which appropriates $11.5 million for Saipan and Rota.  Contributed photo

The signing of the bill was witnessed by Senate President Victor B. Hocog, Speaker Blas Jonathan Attao, House Floor Leader John Paul Sablan, Sen. Vinnie Sablan, Reps. Ivan Blanco, Luis John Castro, and Marco Peter.

Authored by Blanco who chairs the House Committee of Ways and Means, H.B. 21-78 is now Public Law 21-10.

Blanco said it will enable the CNMI government to pay the outstanding debts it incurred in the aftermath of Super Typhoon Yutu last year.

The new law appropriates $1 million for Rota; $1 million for NMI Settlement Agreement; $3 million for the Public School System; $1 million for Northern Marianas College; $1 million for the Marianas Visitors Authority; $500,000 for the Commonwealth Healthcare Corp.; and $4 million for outstanding vendor payments incurred as a result of the devastation caused by Super Typhoon Yutu.

The $1 million for Rota includes $290,000 for the partial payment of the outstanding obligations of the Rota Legislative Delegation and $100,000 for the Rota Casino Gaming Commission.