NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS

34TH CONSTITUTIONAL REGULAR SESSION, 2013

BILL NO.:34

P.L. 2013-15

LOCAL GOVERNMENT TAX AND FEES (AMENDMENT) ACT (NO.2) 2013

AN ACT

To amend the Title 4, Chapter 2 of MIRC, the Local Government Tax and Fees Act of 1989 in order to remove the one year exception for Foreign Investment License holders not to pay Local Government Business License.

BE IT ENACTED BY THE NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS:

Section 1. Short title.
This Act may be cited as the Local Government Tax and Fees (Amendment) Act (No.2), 2013.

Section 2. Amendment.

Section 202 of the Principal Act is hereby amended by repealing Subsection (3) and substitute with a new language as follows:

"(3) Where a license is granted under the Foreign Investment Business License Act of 1990, such a license shall not be construed in any way as empowering the licensee to do business in the Marshall Islands out rightly without having to comply with applicable laws of the Republic of the Marshall Islands including the Local Government ordinances pertaining to doing business in the Republic of the Marshall Islands."

Section 3. Effective date.

This Act shall take effect on the date of certification in accordance with the Constitution and the Rules of Procedures of the Nitijela.
________________

CERTIFICATE

I hereby certify:

1. That Nitijela Bill No.34 was passed by the Nitijela of the Republic of the Marshall Islands on the 19th day of March, 2013; and

2. That I am satisfied that Nitijela Bill No.34 was passed in accordance with the relevant provisions of the Constitution of the Republic of the Marshall Islands and the Rules of Procedures of the Nitijela.

I hereby place my signature before the Clerk this 3rd day of June 2013.
	
Attest:
	
Hon. Don d F. Capelle
Speaker Clerk
Nitijela of the Marshall Island
	Tadashi Lometo
Clerk
Nitijela of the Marshall Islands