Act No. 9000 — An act amending title 15 Virgin Islands Code, article V to allow the Government of the Virgin Islands to implement the federal mandate of th
ACTNO.9 000 BILL NO. 36-0035 THIRTY-SIXTH LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2025 An act amending title 15 Virgin Islands Code, article V to allow the Government of the Virgin Islands to implement the federal mandate of the Stephen J. Beck, Jr., Achieving Better Life Experiences, which provides for the establishment of savings accounts for persons with disabilities ---0--- Be it enacted by the Legislature of the Virgin Islands: SECTION 1. Title 15 Virgin Islands Code, Article V is amended by adding the following Part 5: “Part 5-Achieving a Better Life Experience. § 5-491. Short Title. This Part may be cited as the “Virgin Islands Achieving a Better Life Experience Act.” § 5-492. Definitions. In this Part: (1) “ABLE” means Achieving a Better Life Experience. (2) “Account or Able saving account” means an individual account, a trust account, or a savings account established in accordance with the provisions of this Part. (3) “Account owner” means a person or legal entity who enters into a savings agreement authorized under section 529A of the Internal Revenue Code. …
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