Committee on Budget, Appropriations and Finance

BLOCK I

The Committee on Budget, Appropriations and Finance will meet on Tuesday, March 18, 2025, 10:00 A.M. in the Earle B. Ottley Legislative Hall on St. Thomas to receive testimony on the following lease agreements:

Bill No. 36-0028 An Act approving the lease agreement between the Government of the Virgin Islands and Tropical Marine, Inc., for Parcel No. 37-1 Estate Nadir, No. 2 Red Hook Quarter, St. Thomas, Virgin Islands and a portion of unsurveyed Estate Nadir, No. 2 Red Hook Quarter, St. Thomas, Virgin Islands

Invited Testifiers:
Honorable Lisa Alejandro, Commissioner, Department of Property and Procurement
Mr. Vincent Richards, Assistant Commissioner, Department of Property and Procurement
Ms. Carmen Ruan, President, Tropical Marine, Inc.

Bill No. 36-0040 An Act approving the lease agreement between the Government of the Virgin Islands and Charles M. Kim V.I. Foundation, Inc. d/b/a Virgin Islands Museum of Art, for a portion of Lot No. 48b Norre Gade, Kings Quarter, St. Thomas, Virgin Islands

Invited Testifiers:
Honorable Lisa Alejandro, Commissioner, Department of Property and Procurement
Mr. Vincent Richards, Assistant Commissioner, Department of Property and Procurement
Mr. Jason Charles, Representative

BLOCK II

The Committee on Budget, Appropriations and Finance will also receive testimony on the following bills:

Bill No. 36-0008 An Act amending title 33 Virgin Islands Code, subtitle 2, chapter 89, subchapter I, section 2494 requiring the Lieutenant Governor to offset a property owner’s property tax liability against any amount of money that the Government of the Virgin Islands owes to the property owner

Invited Testifiers:
Mr. Julio Rhymer Sr., Director, Office of Management and Budget
Mr. Joel Lee, Director, VI Bureau of Internal Revenue
Mr. Brent Leerdam, Tax Collector, Office of the Lieutenant Governor

Bill No. 36-0023 An Act amending title 33 Virgin Islands Code, chapter 4, section 72 relating to the highway user tax

Invited Testifiers:
Honorable Kevin McCurdy, Commissioner, VI Department of Finance
Honorable Derek A. Gabriel, Commissioner, VI Department of Public Works
Mr. Joel Lee, Director, VI Bureau of Internal Revenue

Bill No. 36-0038 An Act amending title 29 Virgin Islands Code, chapter 10, subchapter III, section 551, subsection (a) by increasing the limit for outstanding bonds for the Virgin Islands Port Authority from $100 million to $500 million

Invited Testifiers:
Mr. Carlton Dowe, Executive Director, Virgin Islands Port Authority
Mr. Willard John, Chairman, VI Port Authority Board of Directors