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Bill No. 23-0277 - TO AMEND SECTION 3087, TITLE 33, CHAPTER 111, VIRGIN ISLANDS CODE, "THE ST. CROIX CAPITAL IMPROVEMENT FUND"

Collection
Acts & Legislation
Sub-shelf
billtracking.legvi.org
Kind
Legislation
Island
St. Croix
Date
2000-10-05
Pages
3
Text
OCR Text
Identifiers
Bill 23-0277

TWENTY-THIRD LEGISLATURE OF THE VIRGIN ISLANDS - Territory of the Virgin Islands REGULAR/SPECIAL SESSION 20 00 ROLL CALL Bill No. 23 - 0277 Date:__(Q {| QO}]OV Short Title: To amend Title 33, Chapter 111, Section 3087, Virgin Islands Code, "The St. Croix Capital Improvement fund (Closed Rule) LEGISLATIVE HISTORY (a) Introduced and sent to Committee on............ccccceeeeeeececeeeceveee Date ain nitasicldaies weisaitis apie nineteen teetes (b) Reported from Committee and sent to RULES OM vsscccwzeterocsnsssosew aussie os eso tas Negea-t aan cate ean. (€)°. Reported from Committee on Rules.....5:ccsesnecssneesoosuesusnsuceverssarsnrencsassuasnscucsvearvedessavsvdeenyecisees (d) Recalled from Committee by Special Order..........ssssssssssesssesssssssesseessessussuessessucsstessuseseseseeseveeeveee (e) Adopted on (f) REF CCUG OM aay snc cbiisdnn ssnneeenerneennemannenwarieunvisdivwndiviectlowns vena uaustaninsuatwanusneveusiudseteneeudeuanaeesesiecesen. …

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TWENTY-THIRD LEGISLATURE OF THE VIRGIN ISLANDS - Territory of the Virgin Islands REGULAR/SPECIAL SESSION 20 00 ROLL CALL Bill No. 23 - 0277 Date:__(Q {| QO}]OV Short Title: To amend Title 33, Chapter 111, Section 3087, Virgin Islands Code, "The St. Croix Capital Improvement fund (Closed Rule) LEGISLATIVE HISTORY (a) Introduced and sent to Committee on............ccccceeeeeeececeeeceveee Date ain nitasicldaies weisaitis apie nineteen teetes (b) Reported from Committee and sent to RULES OM vsscccwzeterocsnsssosew aussie os eso tas Negea-t aan cate ean. (€)°. Reported from Committee on Rules.....5:ccsesnecssneesoosuesusnsuceverssarsnrencsassuasnscucsvearvedessavsvdeenyecisees (d) Recalled from Committee by Special Order..........ssssssssssesssesssssssesseessessussuessessucsstessuseseseseeseveeeveee (e) Adopted on (f) REF CCUG OM aay snc cbiisdnn ssnneeenerneennemannenwarieunvisdivwndiviectlowns vena uaustaninsuatwanusneveusiudseteneeudeuanaeesesiecesen. (g) Vetoed by Governor on (h) Reconsidered by Legislature and passed or rejected UM ULE 020 ae a ee ae a ce een cane eer eee ew Umno are MEMBERS NAY NOT VOTING ABSENT BENNERSON, Gregory A. YEA BERRY, Lorraine L. 7) BRYAN, Adelbert M. el C ¥, Donald “Ducks” RYN DAVID, Roosevelt St. C. DONASTORG, Adlah “Foncie” GOLDEN, Violet Anne GOMEZ, Judy M. GOODWIN, George E. HANSEN, Alicia “Chucky” JN. BAPTISTE, Norman JONES, David S. LIBURD, Almando “Rocky” S, Af = PETRUS, Allie-Allison RICHARDS Vargrave A. SY PY | ROR Certified co —, ww LU CLERK COMMILTER ON EINANCH) 12/12/00 -REPORTED OUT TO THE FLOOR 11/30/00 -REPORTED OUT TO THE COMMITTEE ON RULES BILL NO. 23-008 77 Twenty-Third Legislature of the Virgin Islands of the United States OCTOBER 5, 2000 To amend title 33, chapter 111, section 3087, Virgin Islands code, “The St. Croix Capital Improvement Fund PROPOSED BY: Senators Lorraine L. Berry, Gregory A. Bennerson, Roosevelt St. C. David, Violet Anne Golden, George E. Goodwin, David S. Jones, Allie-Allison Petrus and Vargrave A. Richards BE IT ENACTED by the Legislature of the Virgin Islands: SECTION 1. Title 33, chapter 111, section 3087, Virgin Islands Code, “The St. Croix Capital Improvement Fund ” is amended by hereby deferring the implementation of subsection (c) in the Fiscal Year ending September 30, 2001 EXPLAINATION Subsection 3087 (c), title 33, chapter 111, Virgin Islands Code provides for an annual transfer of $2,000,000 from the Internal Revenue Matching Fund to the St. Croix Capital Improvement Fund. The Internal Revenue Matching Fund will not yield sufficient revenues to sustain the transfer to the St. Croix Capital Improvement Fund, as well as oh OOON OO RAN = cover the debt service, including the refunding of the 1994 St. Croix Economic Development Bonds and other issues, within the 1998 series A through E Bonds. BR00-1409/August 29, 2000/jj Reviewed by CEK 10 11 ee 13 14 15 16 17 18 19 20 21 22 23 24 ‘P) ¢ 26 - :