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Senate adopts conference committee changes to give CPA limited five‑year seaport revenue flexibility
Summary
The Senate adopted the conference committee report on H.B. 24‑17 SD1 CCS1, narrowing language to allow the Commonwealth Ports Authority to use seaport — not airport — revenues for operational flexibility for a five‑year period while preserving federal grant assurances.
The Senate adopted conference committee report number 24‑01 on H.B. 24‑17 SD1 (CCS1), which would amend 2 CMC §21‑74 to permit the Commonwealth Ports Authority (CPA) a time‑limited ability to apply excess seaport revenues to operational needs, with an explicitly preserved prohibition on diverting airport‑generated revenues. The clerk and conferees said the change addressed federal grant‑assurance…
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