LAWS AFFECTING THE NMISF

DATETITLEPUBLIC LAW NO.
04-11-2024To appropriate $5,236,000.00 of the dividends collected by the Commonwealth Economic Development
Authority (CEDA) from the Commonwealth Utilities Corporation (CUC) for the Twenty Five Percent
(25%) retirees’ pension for all retirees of the Commonwealth of the Northern Mariana Islands.
PL23-18
04-24-2018
To authorize DOF to pay obligated 25% retiree death benefits20-57
01-26-2018To allow annuitants to enroll in the Commonwealth government health insurance program20-40
12-15-2017To appropriate $22 million Casino GRT for 25% payments of full benefits and retiree bonus20-35
12-15-2017To address concerns of the SF Trustee and reserve funds generated from the Casino Gross Revenue Tax20-34
09-26-2017Settlement Fund Revolving Account20-33
09-25-2017To appropriate funds to cover or suppelement the payment of 25% of all class members’ full benefits and a bonus20-10
To appropriate $7.1 million to pay balance of annual payments for FY 2014 and FY 201520-09
02-18-2016Appropriated $1.8 million to cover 25% payments for retirees and surviving beneficiaries of the Third Senatorial DistrictSLL 19-12
12-19-2016Supplemental Appropriations for FY 2017 (bonus to retirees and beneficiaries)19-75
09-28-2016Appropriations and Budget Authority Act of 201719-68
To create a Justice Center Fund Revolving Account for certain fees collected by the CNMI Judiciary, which shall be applied to the outstanding balance of the judicial building mortgage in the event the USDA loan proceeds have not be disbursed; and authorizing the CNMI to enter into a loan agreement with the USDA for up to $15 million to pay off the judicial building mortgage and for the expansion and improvement of the Judiciary and other facilities19-67
02-18-2016To allow SOF to expend revenues allotted to the NMIRF without appropriation to fund the 25% pension payments19-36
02-18-2016Amendment to authorize the Governor’s reprogramming authority for 25% pension payments19-35
09-29-2015Appropriations and Budget Authority Act of 201619-08
09-16-2014Appropriations and Budget Authority Act of 201518-66
07-11-2014Allocates $2 million of the annual license fee to the First Senatorial District to be appropriated to fund the 25% payments of the First and Second Senatorial Districts, and a portion of the $25 million annual casino license fee paid in the first year to be appropriated to pay the 25% payments of the Third Senatorial District, and $10 million of subsequent annual license fees to be appropriated for the 25% payments of the Third Senatorial District18-56
07-01-2014Supplemental Appropriations Act of 201418-53
12-13-2013To establish a special account to cover the 25% payments18-30
09-18-2013Appropriations and Budget Authority Act of 201418-18