Bill No. 35-0155 - An Act providing an appropriation from the Caribbean Basin Initiative Fund as a contribution to the General Fund of the Treasury of the Virgin Islands
COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO 35-0155 Thirty-Fifth Legislature of the Virgin Islands September 19, 2023 An Act providing an appropriation from the Caribbean Basin Initiative Fund as a contribution to the General Fund of the Treasury of the Virgin Islands 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. Notwithstanding any other law, the following sum, or so much thereof as 2 may be necessary, is appropriated from funds available in the Caribbean Basin Initiative Fund, 3 created pursuant to 19 U.S.C. § 2701 et. seq. (Public Law 98-67), as a contribution to the 4 General Fund of the Treasury of the Government of the Virgin Islands for fiscal year October 5 1, 2023, through September 30, 2024. …
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COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO 35-0155 Thirty-Fifth Legislature of the Virgin Islands September 19, 2023 An Act providing an appropriation from the Caribbean Basin Initiative Fund as a contribution to the General Fund of the Treasury of the Virgin Islands 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. Notwithstanding any other law, the following sum, or so much thereof as 2 may be necessary, is appropriated from funds available in the Caribbean Basin Initiative Fund, 3 created pursuant to 19 U.S.C. § 2701 et. seq. (Public Law 98-67), as a contribution to the 4 General Fund of the Treasury of the Government of the Virgin Islands for fiscal year October 5 1, 2023, through September 30, 2024. 6 3015 CARIBBEAN BASIN INITIATIVE FUND FY 2024 7 390 DEPARTMENT OF FINANCE 8 AS A CONTRIBUTION TO THE GENERAL FUND $8,500,000 9 TOTAL 390 DEPARTMENT OF FINANCE $8,500,000 10 TOTAL 3015 CARIBBEAN BASIN INITIATIVE FUND $8,500,000 11 BILL SUMMARY 12 This bill provides for an $8,500,000 appropriation from the Caribbean Basin Initiative 13 Fund as a contribution to the General Fund of the Treasury of the Government of the Virgin 14 Islands for the fiscal year ending September 30, 2024. 15 BR23-0793/BUDGET/September 15, 2023 16