Act No. 8298 — An Act amending title 2, chapter 2, section 22 of the Virgin Islands (‘ode by requiring the Director of the Office of Management and Budget
DATE: 05/07/2020 ACT NO. 82 98 FEB 192020 BILl NO. 33-0 145 THIRTY-THIRD [EGISLATURE OF THE VIRGIN ISLANDS Regular Session 2020 An Act amending title 2, chapter 2, section 22 of the Virgin Islands (‘ode by requiring the Director of the Office of Management and Budget to conduct a mid-year review of the budget and to report the review findins to the Committee on Finance and the Post Audit Division of the Legislature ---0--- Be it enacted by the Legislature of the F irgin Islands: SECTION 1. Title 2. chapter 2. scction 22 of the Virgin Islands Code is amended by re designating paragraph (5) as paragraph (6), and inserting a new paragraph (5) to read as follows: “(5) Conduct each year a mid—year review of the current liscal year budget to determine whether the cunent year’s revenues align with the appropriations made thr thai year, and report the findings no later than one month after the annual spring revenue estimating conference to the Committee on Finance and to the Legislature’s Post Audit Division for its review of appropriation levels to ensure alignment with current fiscal year …
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