Senator Castro Introduces S.L.I. 24-03 to Expand Land Lease Terms with Stronger Protections for NMD Landowners

10/07/2025 - — Senator Manny Gregory Tenorio Castro is proud to announce the formal

introduction and passage of Senate Legislative Initiative 24-03, a major constitutional

amendment proposal designed to balance indigenous land protection with sustainable economic investment.

The measure seeks to increase the maximum term of private land leases from 55 to 99 years, while mandating financial protections for persons of Northern Marianas Descent (NMD) to prevent exploitation and promote long-term benefits for local landowners.

Empowering Indigenous Landowners with Choice and Protection

S.L.I. 24-03 amends Article XII of the CNMI Constitution to give NMD landowners the

optional flexibility to enter lease agreements of up to 99 years—empowering them to compete

in a modern, investment-driven economy—without compromising land ownership rights.

Importantly, the initiative does not automatically convert existing leases, nor does it require

landowners to agree to the full 99 years.

Instead, it introduces mandatory financial safeguards,

including:

• A fixed annual rent to guarantee predictable income;

• A performance-based clause, such as profit or revenue sharing;

• Periodic financial reviews at least every 20 years;

• Transparency and public filing of lease terms; and

• Legislative authority to create minimum standards and enforcement mechanisms.

“This initiative does more than just extend lease terms—it puts local landowners in a

stronger position to negotiate deals that reflect the true value of their land, with legally

enforceable protections,” said Senator Castro. “It’s about securing our land and our

future.”

Economic Development Authority Executive Endorses Initiative

The initiative received strong support during the Senate’s October 3rd session from the

Commonwealth Economic Development Authority (CEDA). Executive Director Derek T.

Sasamoto praised the initiative for its dual approach to landowner protection and investment

readiness.

“I support the intent of the initiative as it will allow landowners to better leverage their

properties. It also gives investors a longer-term foothold in the Marianas, providing

greater security for developing their investments,” Sasamoto stated.

“The financial clauses in S.L.I. 24-03 are well-balanced. They protect landowners while

also considering investor returns—creating a mutually beneficial arrangement. And most

importantly, the 99-year term is not mandatory; it’s an option that landowners can

exercise based on their personal financial goals and market conditions. The inclusion of a

20-year review clause also serves as a smart safeguard. Though landowners can exercise

this option at sooner intervals if they choose, this is a thoughtful and flexible approach.”

What’s Next

Once adopted by the 24th Northern Marianas Commonwealth Legislature, the initiative will

move to the Board of Elections for placement on the ballot for public ratification, as required

under Article XVIII, Section 5 of the Commonwealth Constitution.

“We’ve built a safety-first framework that protects landowners, increases transparency,

and encourages responsible, long-term investment. I trust the people of the CNMI will

see this for what it is—a smart and fair step forward,” said Senator Castro. (PR)