TITLE 10: LOCAL LAWS
DIVISION 1: FIRST SENATORIAL DISTRICT (ROTA)
§ 12141. Casino License Fees. (a) The Commission may impose a casino license application fee not to exceed $100,000. Such fee shall not be refundable, except under the circumstances which the Commission may set forth by regulation, and shall be charged only in connection with any casino license. (b) The Commission may impose annual license fees in connection with casino licenses issued under this chapter. The first such fee shall be paid upon approval of the license application and the license shall issue as of the date such fee is paid. The license year for a casino shall be reckoned from the date the license is issued, and the total license fee for any casino shall not exceed $200,000 for any one license year, except that the Commission may, by regulation, increase such maximum fee not sooner than one year after the first license is issued or one year after the last such increase, if it finds that the demand for licenses so warrants and that the increase will not have a significantly adverse effect on investment in casinos on Rota, provided, that the fee in effect on the date a casino license becomes effective shall not be increased for that casino during the first three years of that license. If any increase under this paragraph would cause a license fee to exceed $200,000, such increase shall not be for more than 10 percent of the fee then in effect. Source: Rota Local Initiative 1 (2007), § 7(a); (b) amended by PL 16-37 § 2. Commission Comment: The Commission modified this section pursuant to 1 CMC § 3806(d). The Commission substituted “chapter” for “title” in subsection (b).