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Saturday, January 18, 2020
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Sen. Kurt Vialet chairs the Senate Finance Committee hearing Thursday. (Photo by Barry Leerdam for the USVI Legislature)

Finance Committee Moves 31 Appropriation Bills

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.

Chief Justice: Backlogged Court Cases May Soon Become a Thing of...

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.
From left, USVI Housing Finance Authority Chief Operating Officer Darin Richardson, Executive Director Daryl Griffith, and Chief Financial Officer Valdez Shelford testify before the Senate Finance Committee. (Photo by Barry Leerdam, USVI Legislature)

USVI Has Housing Crisis, HFA Head Tells Senators

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.
George Dudley testifies before the Senate Finance Committee. (Barry Leerdam, USVI Legislature)

Bill Seeks to Expand Hotel Development Act

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.
Nathan Simmonds, director of finance administration at the Public Finance Authority, testifies before the Senate Finance Committee Monday. (Photo by the V.I. Legislature)

PFA Looking into Reprogramming Unspent Capital Projects Funds

The Public Finance Authority is exploring ways to address roughly $115 million in unexpended capital projects funding, a chronic problem among local agencies. Reprogramming them for other purposes is not off the table, Nathan Simmonds, the director of finance administration at the Public Finance Authority, told lawmakers Monday.

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