Act No. 8031 — An Act amending ude 29 Virgin Islands Code. chapter 22 pertaining to Tax Incremental Financing and tor other related purposes
DATE: 4/4/2018 ee ETOE ACT NO, 803 1 WV santo ame BILL NO. 32-0137 eka THIRTY-SECOND LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2017 An Act amending ude 29 Virgin Islands Code. chapter 22 pertaining to Tax Incremental Financing and tor other related purposes Be it enacted by the Legislature of the Virgin Islands: SECTION £. Title 29 Virgin stands Code. chapter 22 is amended as follows: (1) Secuion [20 1h) is amended by striking paragraph (3) and i inseruing anew paragraph (3) that reads as follows: (3) Costs of construction. preservation, rehabilitation, reconstruction, repair or remodeling of new or existing public or private buildings, structures and fixtures, in each case within the TIF area. and costs of any public works or improvements undertaken by. or at the direction of the Government of the Virgin Islands or any other government unit” (2) Section 1204 tm) is amended after the last occurrence of “revenues” “by adding the following: “and. …
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