Act No. 8206 — An Act amending the Hotel Development Act. title 29. chapter 23. of the Virgin Islands Code by making technical amendments to sections 1302
CORRECTED COPY ?k:rND. 8 2 0 6 BILL NO. 33-0 104 THIRTY-THIRD LEGISLATURE OF THE VIRGIN ISLANDS Regniar Session 2019 An Act amending the Hotel Development Act. title 29. chapter 23. of the Virgin Islands Code by making technical amendments to sections 1302 through 1309 and inserting new sections 1312, 1313, 1314, and 1317, regarding the Economic Recovery Fee and matters related thereto WHEREAS, the Legislature of the Virgin Islands codified the Hotel Development Act, in title 29. chapter 23 of the Virgin Islands Code and declared that: “(a) The tourist, hotel and resort industry constitute a major element of the Territorial economic structure; (b) Additional hotel accommodations and tourist facilities and services are essential to the further development of (he Territory’s tourism industry; (c) Additional hotel accommodations and tourist facilities have a direct impact on the local economy through construction, wages, and other benefits and will grow the economy of the Virgin Islands; (d) The provision of such additional accommodations and facilities, particularly on the island of St …
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