Act No. 7651 — An Act amending Title 29 Virgin Islands Code, chapters 12 and 21 to rename the Industrial Development Program as the Economic Development Pr
ACT NO, 651 BILL NO. 30-0300 THIRTIETH LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2014 An Act amending Title 29 Virgin Islands Code, chapters 12 and 21 to rename the Industrial Development Program as the Economic Development Program; and update the Economic Development Program Law Be it enacted by the Legislature of the Virgin Islands: SECTION 1. Title 29 Virgin Islands Code, chapter 12, is amended by striking the words “Industrial Development” wherever they appear and inserting “Economic Development”. SECTION 2. Title 29 Virgin Islands Code, chapter 12 is amended in the following instances: (a) in section 703, subsection (g) after the second occurrence of “business” by inserting the following: “other than a Knowledge-Based Business or E-Commerce Business, as set forth in Section 716(c) unless properly referred to the Commission as set forth therein and by striking all of the paragraphs after the introductory clause and inserting a new paragraphs that reads as follows”: “(1) Commercial Distribution and Trading Services; (2) Public Relations Services ,including but not limited …
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