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The Senate Finance Committee on Thursday moved 31 bills involving the appropriation of money and fiscal year budgets for government entities to the Rules and Judiciary Committee. The action took two hours.
V.I. Supreme Court Chief Justice Rhys Hodge told the Senate Finance Committee on Thursday that efforts are being made to reduce the extensive backlog of court cases by utilizing an electronic filing system and furthering what he calls “administration unification” of the Supreme and Superior Courts, part of a law passed in July 2016.
Lawmakers and administration officials agreed that housing in the U.S. Virgin Islands is in crisis, while talking Tuesday during the Senate's Committee on Finance hearing on the the proposed fiscal year 2020 budget for the Virgin Islands Housing Finance Authority.
Members of the Port Authority Governing Board were given an overview of the agency’s Fiscal Year 2020 budget on Tuesday when they convened a special meeting to complete the agenda of the regular, monthly meeting held July 23.
A bill to amend the USVI's Hotel Development Act, allowing hotels that suffered storm damage to use the financial tools to help finance their recovery, was unanimously approved by the Senate Finance Committee.
Internal Revenue Bureau Director Joel Lee told lawmakers Tuesday that if the District Court rules against the government’s appeal to reinstate excise taxes, the bureau has no backup plan in the face of roughly $45 million in tax collection losses each year.
Tens of millions of dollars in uncompensated care continues to strain the budget of St. Croix's Juan F. Luis Hospital, JFL officials told lawmakers Tuesday, with violent crime-related injuries and long-term boarders incurring some of the higher-cost, unpaid medical services.
Gov. Albert Bryan Jr.'s administration is planning about 30 percent cuts in expenditures for Fiscal Year 2020, the governor’s finance team told lawmakers Tuesday, presenting a reduction of more than half a billion dollars compared with the Fiscal Year 2019 budget.
Along with billions of dollars in damage to U.S. Virgin Islands hospitals, schools, homes and more, the loss of tourism due to the storm may balloon the V.I. government's deficit, Budget Director Nellon Bowry told the Legislature Friday.