Bill No. 35-0154 - An Act providing an appropriation from the Business and Commercial Properties Revolving Fund to the Virgin Islands Department of Property and Procurement
COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO. 35-0154 Thirty-Fifth Legislature of the Virgin Islands September 19, 2023 An Act providing an appropriation from the Business and Commercial Properties Revolving Fund to the Virgin Islands Department of Property and Procurement for operating expenses for the fiscal year October 1, 2023, through September 30, 2024 PROPOSED BY: Senators Novelle E. Francis, Jr., and Donna A. Frett-Gregory by Request of the Governor Be it enacted by the legislature of the Virgin Islands: 1 SECTION 1. The following sum, or so much of it as may be necessary, is appropriated 2 from the Business and Commercial Properties Revolving Fund for operating expenses, 3 including wages of salaried employees of the Virgin Islands Department of Property and 4 Procurement and the Business and Commercial Properties Administration, for administering 5 the Fund for the fiscal year October 1, 2023, through September 30, 2024, as hereinafter 6 specified: 7 6028 BUSINESS & COMMERCIAL PROPERTIES REVOLVING FUND FY 2024 8 600 DEPARTMENT OF PROPERTY & PROCUREMENT 9 TOTAL DE …
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COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO. 35-0154 Thirty-Fifth Legislature of the Virgin Islands September 19, 2023 An Act providing an appropriation from the Business and Commercial Properties Revolving Fund to the Virgin Islands Department of Property and Procurement for operating expenses for the fiscal year October 1, 2023, through September 30, 2024 PROPOSED BY: Senators Novelle E. Francis, Jr., and Donna A. Frett-Gregory by Request of the Governor Be it enacted by the legislature of the Virgin Islands: 1 SECTION 1. The following sum, or so much of it as may be necessary, is appropriated 2 from the Business and Commercial Properties Revolving Fund for operating expenses, 3 including wages of salaried employees of the Virgin Islands Department of Property and 4 Procurement and the Business and Commercial Properties Administration, for administering 5 the Fund for the fiscal year October 1, 2023, through September 30, 2024, as hereinafter 6 specified: 7 6028 BUSINESS & COMMERCIAL PROPERTIES REVOLVING FUND FY 2024 8 600 DEPARTMENT OF PROPERTY & PROCUREMENT 9 TOTAL DEPARTMENT OF PROPERTY & PROCUREMENT $3,500,000 10 TOTAL 6028 BUSINESS & COMMERICAL PROPERTIES REVOLVING FUND 11 $3,500,000 12 BILL SUMMARY 13 14 This bill provides for an $3,500,000 appropriation from the Business & Commercial 15 Properties Revolving Fund to the Virgin Islands Department of Property and Procurement and 16 the Business and Commercial Properties Administration for the fiscal year ending September 17 30, 2024. 18 BR23-0792/BUDGET/September 15, 2023 19