20 Jul 2012

CNMI House of Representatives passes budget for FY2013

10:58 am on 20 July 2012

The Northern Marianas House of Representatives has passed a 114-million US dollar budget bill for the fiscal year 2013.

House Ways and Means Committee chair Ray Basa's budget bill passed by a vote of 11-4 following close to three hours of discussion and debate.

The budget bill now goes to the Senate, two and a half months before the start of fiscal year 2013 on the 1st of October.

If a budget is not enacted by then, the government will have to shut down until a budget is signed into law to comply with a constitutional mandate.