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0156 (25-0785)-COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE, 11-25 Budget Bills — Budget, Appropriations and Finance

Collection
Hearing Records
Sub-shelf
Budget, Appropriations and Finance
Kind
Hearing Record
Entity
Legislature of the Virgin Islands
Date
2025
Type
9-11-25 Budget Bills
Topics
Procurement
Pages
2
Text
Native Text
Identifiers
Bill 36-0156

COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO. 36-0156 Thirty-Sixth Legislature of the Virgin Islands September 10, 2025 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, 2025 through September 30, 2026 PROPOSED BY: Senators Milton E. Potter and Novelle E. Francis, Jr. Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. The following sum is appropriated from the Business and Commercial 2 Properties Revolving Fund for operating expenses, including wages of salaried employees of 3 the Virgin Islands Department of Property and Procurement and the Business and Commercial 4 Properties Administration for administering the Fund for the fiscal year October 1, 2025 through 5 September 30, 2026 as hereinafter specified: 6 6028 BUSINESS & COMMERCIAL PROPERTIES REVOLVING FUND FY2026 7 600 DEPARTMENT OF PROPERTY AND PROCUREMENT 8 TOTAL 600 DEPARTMENT OF PROPERTY AND PROCUREMENT $4,071,846 9 TOTAL 6028 BUSINESS & CO …

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Original source: https://legvi.org/committeemeetings/Budget,%20Appropriations%20and%20Finance/FY%202026%20Budget%20Hearings/9-11-25%20Budget%20Bills/36-0156%20(25-0785)-COMMITTEE%20ON%20BUDGET,%20APPROPRIATIONS%20AND%20FINANCE.pdf

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Archive identifier LF-981fd90b56b1

Document text

COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO. 36-0156 Thirty-Sixth Legislature of the Virgin Islands September 10, 2025 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, 2025 through September 30, 2026 PROPOSED BY: Senators Milton E. Potter and Novelle E. Francis, Jr. Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. The following sum is appropriated from the Business and Commercial 2 Properties Revolving Fund for operating expenses, including wages of salaried employees of 3 the Virgin Islands Department of Property and Procurement and the Business and Commercial 4 Properties Administration for administering the Fund for the fiscal year October 1, 2025 through 5 September 30, 2026 as hereinafter specified: 6 6028 BUSINESS & COMMERCIAL PROPERTIES REVOLVING FUND FY2026 7 600 DEPARTMENT OF PROPERTY AND PROCUREMENT 8 TOTAL 600 DEPARTMENT OF PROPERTY AND PROCUREMENT $4,071,846 9 TOTAL 6028 BUSINESS & COMMERCIAL PROPERTIES REVOLVING FUND 10 $4,071,846 11 2 BILL SUMMARY 1 This bill appropriates $4,071,846 from the Business and Commercial Properties 2 Revolving Fund to the Virgin Islands Department of Property and Procurement for operating 3 expenses for the fiscal year October 1, 2025 through September 30, 2026. 4 BR25-0785/BUDGET/September 4, 2025 5