# Northern Mariana Islands HB 24-58: To amend 4 CMC § 1305 to exempt services and the sale or exchange of securities and other similar assets from gross revenue tax; to amend 4 CMC § 1708 to allow rebates for exempted activities; to repeal 4 CMC § 1712; and for other purposes.

Northern Mariana Islands HB 24-58, To amend 4 CMC § 1305 to exempt services and the sale or exchange of securities and other similar assets from gross revenue tax; to amend 4 CMC § 1708 to allow rebates for exempted activities; to repeal 4 CMC § 1712; and for other purposes., is a 24th Northern Mariana Islands Legislature (2025-2026) House bill sponsored by Joel Castro Camacho; status in committee, last action 2025-09-02 (HOUSE-WM) (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/MP-HB24-58-24
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Northern Mariana Islands HB 24-58
- State: Northern Mariana Islands
- Session: 24th Northern Mariana Islands Legislature (2025-2026)
- Title: To amend 4 CMC § 1305 to exempt services and the sale or exchange of securities and other similar assets from gross revenue tax; to amend 4 CMC § 1708 to allow rebates for exempted activities; to repeal 4 CMC § 1712; and for other purposes.
- Status: in committee
- Chamber: House
- Introduced: 2025-08-29
- Last action: 2025-09-02, HOUSE-WM
- Sponsor: Joel Castro Camacho
- Cosponsors: 0
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Joel Castro Camacho, House

## Actions (2)

- 2025-09-02: HOUSE-WM (House)
- 2025-08-29: Introduced (House)

## Bill text

- HB 24-58, 2025-08-29: [PDF](https://www.cnmileg.net/documents/house/hse_bills/24/HB24-58.pdf)

## Related bills

- HB 24-108: To provide a Budget Plan of the Commonwealth of the Northern Mariana Islands for Fiscal Year 2027 and make appropriations for the operations and activities of… (enacted)
- HLB 24-62: To appropriate $500,000.00 from revenues collected for the Third Senatorial District pursuant to Public Law 20-59; and for other purposes. (enacted)
- SB 24-48: Establish a Division of Customs and Biosecurity within the DOF (enacted)
- HB 24-84: To authorize the expenditure of $2,105,563.00 identified by the Governor as a surplus from Fiscal Year 2025 revenues that shall be appropriated by the Legislat… (enacted)
- HB 24-74: To appropriate funds derived from trust interest income from the Marianas Public Land Trust towards payment of household allotments of Nutrition Assistance Pro… (enacted)
- HB 24-63: To amend Title 4 sections 1991 to 1995 relating to the 3% construction tax on gross revenues derived from certain non-residential construction projects and to… (enacted)

## Sources
- [HB 24-58 (PDF)](https://www.cnmileg.net/documents/house/hse_bills/24/HB24-58.pdf)

## Related
- [HB 24-108: To provide a Budget Plan of the Commonwealth of the Northern Mariana Islands fo…](https://policyrisk.com/state-bill/MP-HB24-108-24)
- [HLB 24-62: To appropriate $500,000.00 from revenues collected for the Third Senatorial Dis…](https://policyrisk.com/state-bill/MP-HLB24-62-24)
- [SB 24-48: Establish a Division of Customs and Biosecurity within the DOF](https://policyrisk.com/state-bill/MP-SB24-48-24)
- [HB 24-84: To authorize the expenditure of $2,105,563.00 identified by the Governor as a s…](https://policyrisk.com/state-bill/MP-HB24-84-24)
- [HB 24-74: To appropriate funds derived from trust interest income from the Marianas Publi…](https://policyrisk.com/state-bill/MP-HB24-74-24)
- [HB 24-63: To amend Title 4 sections 1991 to 1995 relating to the 3% construction tax on g…](https://policyrisk.com/state-bill/MP-HB24-63-24)
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Source: PRIA, https://policyrisk.com/state-bill/MP-HB24-58-24 (as of 2026-10-12).