This bill designates $15 million annually from federal funding allocated to the Northern Mariana Islands, starting in fiscal year 2027, with specific purposes outlined for its use. Of this amount, up to $3 million per year can address immigration, labor, or law enforcement issues, while the remainder must support improvements to the Commonwealth's electric power system, such as modernizing infrastructure, reducing electricity rates, and improving system reliability. The bill prioritizes funding for projects that reduce fuel costs, protect against fuel price changes, or minimize power outages, and requires that projects be carried out through the Commonwealth Utilities Corporation without requiring local matching funds. This funding allocation continues until a new long-term funding agreement between the federal government and the Northern Mariana Islands takes effect, at which point the terms of that new agreement will supersede this arrangement. The bill does not change the total amount of federal funding available to the Northern Mariana Islands or other U.S. territories.