§ 50210. Findings on Applications
TITLE 4: ECONOMIC RESOURCES DIVISION 5: BUSINESS REGULATION § 50210. Findings on Applications. In making its recommendation to the Governor, the Board in consultation with the Director of Revenue and Taxation or his or her designee shall consider and make specific findings on the following: (a) The impact of the applicant’s activities or proposed activities upon the tourism market in the Commonwealth; (b) The financial risks faced by or facing the applicant in undertaking the proposed activities and the likelihood of success of the project; (c) The location of the activities or proposed activities; (d) The creation of new employment; (e) The replacement of imports; (f) The reduction of consumer prices; and (g) The fiscal impact of the proposed tax incentive on Commonwealth reve- nues. Source: PL 12-32, § 3 (3310); amended by PL 12-50, § 2 (f); amended by and new subsection (g) added by PL 12-80, § 2 (f).
Source: CNMI Law Revision Commission