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Bill 36-0038, Bill No. 36-0038 — Budget, Appropriations and Finance, March 18, 2025

Collection
Hearing Records
Sub-shelf
Budget, Appropriations and Finance
Kind
Hearing Record
Entity
Legislature of the Virgin Islands
Date
2025
Type
Bill No. 36-0038
Pages
1
Text
Native Text
Identifiers
Bill No. 36-0038, Bill 36-0038

COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO. 36-0038 Thirty-Sixth Legislature of the Virgin Islands February 27, 2025 An act amending title 29 Virgin Islands Code, chapter 10, subchapter III, section 551, subsection (a) by increasing the limit for outstanding bonds for the Virgin Islands Port Authority from $100 million to $500 million PROPOSED BY: Senator Milton E. Potter Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. Title 29 Virgin Islands Code, chapter 10, subchapter III, section 551, 2 subsection (a) is amended by striking “one hundred million dollars” and inserting “$500 3 million”. 4 BILL SUMMARY 5 This bill amends title 29 Virgin Islands Code, chapter 10, subchapter III, section 551, 6 subsection (a) by increasing the limit for outstanding bonds for the Virgin Islands Port 7 Authority from $100 million to $500 million. 8 BR25-0418/February 24, 2025/GC 9

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Original source: https://legvi.org/committeemeetings/Budget,%20Appropriations%20and%20Finance/2025%20Budget%20Meetings/March%2018,%202025/Bill%20No.%2036-0038/Bill%20No.%2036-0038/Bill_36-0038.pdf

SHA-256 1644b7137571d2cd2fbb3ff14adb7839a3e661d6e1160c8bb07f7d5f47daed70

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A proceeding of the Legislature of the Virgin Islands, open to the public under 3 V.I.C. § 881, which reaches any committee of any branch of government and permits the news media to publish what it records.

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Archive identifier LF-1644b7137571

Document text

COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO. 36-0038 Thirty-Sixth Legislature of the Virgin Islands February 27, 2025 An act amending title 29 Virgin Islands Code, chapter 10, subchapter III, section 551, subsection (a) by increasing the limit for outstanding bonds for the Virgin Islands Port Authority from $100 million to $500 million PROPOSED BY: Senator Milton E. Potter Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. Title 29 Virgin Islands Code, chapter 10, subchapter III, section 551, 2 subsection (a) is amended by striking “one hundred million dollars” and inserting “$500 3 million”. 4 BILL SUMMARY 5 This bill amends title 29 Virgin Islands Code, chapter 10, subchapter III, section 551, 6 subsection (a) by increasing the limit for outstanding bonds for the Virgin Islands Port 7 Authority from $100 million to $500 million. 8 BR25-0418/February 24, 2025/GC 9