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Senate adopts substitute for House Concurrent Resolution 24-2 setting FY2026 revenues after committee changes

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Summary

The Senate adopted Senate Substitute 1 for House Concurrent Resolution 24-2, which defines and identifies revenues and resources for fiscal year 2026 after committee amendments adjusting earmarks, clarifying statutory citations and removing certain items.

The Senate of the Commonwealth of the Northern Mariana Islands on Aug. 13 adopted Senate Substitute 1 to House Concurrent Resolution 24-2, which identifies general revenues and resources for fiscal year 2026 (Oct. 1, 2025–Sept. 30, 2026).

Senator Hofschneider, chair of the Senate Committee on Fiscal Affairs, presented the committee’s substitute and described several technical and substantive amendments. The committee said it corrected statutory citations, removed earmarks shown in the House text with a zero value, and adjusted an overstated corporation-fee earmark by about $33,900 to reflect the correct 75% share rather than the 100% figure used in the House draft.

The committee also inserted a notwithstanding clause for certain MBA earmarked funds that provides $175,000 to each of the First, Second and Third Senatorial Districts, and removed reference to a proposed MPLT investment of $29 million, saying the MPLT matter should be addressed in separate legislation rather than embedded in the revenue-identification resolution.

There was a roll-call vote on the committee substitute. The clerk recorded seven members voting yes and none opposed; the substitute was adopted. The final roll call adopting House Concurrent Resolution 24-2 in the form of Senate Substitute 1 also recorded seven members voting yes with one prior session abstention noted earlier in the journal vote.

Why it matters: The concurrent resolution defines available revenues and resources that inform the upcoming budget process. Committee adjustments changed the subtotal of identified earmarks and the total resources available for appropriation; the committee said those changes were necessary to align the House draft with statutory earmarks and fund-certification practices.

Senators and committee staff said additional hearings will follow, and agency representatives who participated in committee deliberations were thanked for their assistance. The resolution was adopted on the Senate floor and will guide appropriation discussions in the coming budget cycle.