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X-WR-CALNAME:Legislature of the United States Virgin Islands
X-WR-CALDESC:"United in Pride and Hope"
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BEGIN:VEVENT
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UID:MEC-1bfe7fa7252d956578e08f6a7e0e912a@legvi.org
DTSTART:20240305T140000Z
DTEND:20240305T210000Z
DTSTAMP:20240223T190200Z
CREATED:20240223
LAST-MODIFIED:20240304
PRIORITY:5
SEQUENCE:2
TRANSP:OPAQUE
SUMMARY:Committee on Budget, Appropriations and Finance
DESCRIPTION:The 35th Legislature’s Committee on Budget, Appropriations and Finance will meet on Tuesday, March 5, 2024, at 10:00 a.m. in the Earle B. Ottley Legislative Hall, St. Thomas, U.S. Virgin Islands.\nBLOCK I \nThe Committee will receive testimony from the West Indian Company Limited on the following:\n\nFinancial overview of the West Indian Company Limited for FY 2023 and FY 2024.\nStatus of the outstanding amount owed to the central government on the payment in lieu of taxes.\nUpdate on capital projects.\n\n Invited Testifier:\nMr. Anthony Ottley, President & Chief Executive Officer, The West Indian Company Limited\n BLOCK II\n Bill No. 35-0196        An Act to amend title 3, Virgin Islands Code, sections 717(c) and 766(c) to establish a deadline for the GERS to resume the personal loan program, remove the $10,000,000 annual aggregate amount and the 8% interest rate cap, limit the system’s liability to $75,000, and set a parameter in section 717 that all loans must be structured such that the payoff date occurs before the retiree reaches age 70.\nInvited Testifiers:\nMr. Angel E. Dawson Jr., Administrator, Government Employees ’Retirement System\nMr. Dwane Callwood, Sr., Board Chairman, GERS Governing Board\n \n \n
URL:https://legvi.org/events/committee-on-budget-appropriations-and-finance-43/
ORGANIZER;CN=Senator Donna A. Frett- Gregory:MAILTO:senatorfrett-gregory@legvi.org
CATEGORIES:Budget, Appropriations and Finance
LOCATION:Charlotte Amalie
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