Act No. 8376 (33rd Legislature) — An Act amending title 29 of the Virgin Islands Code, chapter 19, section 1007 relating to the powers of thc Enterprise Zone Commission, to e
ACTNO. 8376 BILL NO. 33-0299 THIRTY-THIRD LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2020 An Act amending title 29 of the Virgin Islands Code, chapter 19, section 1007 relating to the powers of thc Enterprise Zone Commission, to expand its authority; amending section 116 to designated the South Shore of St. Croix as an Enterprise Zone; and adding subchapter lilA to govern the Virgin Islands South Shore Trade Zone ---0--- WHEREAS, the district of St. Croix is economically distressed; WHEREAS, the severe deterioration of the district’s tax base demands a coordinated effort to promote economic revitalization; WHEREAS, it is the responsibiLity of Government of the Virgin Islands to provide a framework to encourage private investment, remove or abate barriers to investment, and provide mechanisms for the coordination and cooperation of private and public agencies in restoring the economic viability and prosperity of the St. …
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Archive identifier LF-38aa544c8b5f