COMMITTEE ON FINANCE

The Committee on Finance will consider the following:

BLOCK I

Bill No. 34-0176–        An Act appropriating $325,000 from the Community Facility Trust Fund to the General Fund for the purpose of supporting the refurbishment of #33 Company Street, Christiansted and the program objectives of the Collective Collaboration, Inc., and requiring that the Collective Collaboration, Inc. comply with the financial disclosure requirements under 2 V.I.C. §29

Invited Testifiers:

The Honorable Anthony Thomas, Commissioner, Department of Property and Procurement

The Honorable Kimberley Causey-Gomez,  Commissioner,  Department of Human Services

Jenifer O’Neal, Director, Office of Management and Budget

Kendall Tutein, Director, Interagency Council on Homelessness, Department of Human Services

Karen Dickenson, Founder/President, The Collective Collaboration Inc.

 Bill No. 34-0167    An Act amending Act No. 8473, Section 1, subsection (q)(3) relating to a $2,175,000 appropriation to the Department of Sports, Parks and Recreation to provide for a grant of that sum, to the Twin City Cricket Association for the development of the Department of Sports, Parks and Recreation St. Croix Cricket Field; and providing for other related purposes

Invited Testifiers:

The Honorable Anthony Thomas, Commissioner, Department of Property and Procurement

The Honorable Calvert M. White, Commissioner, Department of Sports, Parks, and Recreation

Marcellin Lockhart, President, Twin City Cricket Association

 BR 22-0889           An Act amending title 22 Virgin Islands Code, chapter 55A, by repealing and re-enacting sections 1443 and 1446 to implement revisions that were made to the National Association of Insurance Commissioners’ Credit for Reinsurance Model Law

Invited Testifiers:

Glendina Matthew, Legal Counsel, Office of the Lieutenant Governor Division of Banking Insurance and Financial Regulation

Bill No. 34-0208    An Act amending title 11A, Article 4, part 4, section 4-401 of the Virgin Islands Code to impose a cap on the amount a bank may charge against the account of a customer in the case of an overdraft

 Invited Testifiers:

The Honorable Bosede Bruce, Commissioner, Department of Finance

Glendina Matthew, Legal Counsel, Office of the Lieutenant Governor (Division of Banking, Insurance and Financial Regulation)

BLOCK II

BR 22-0988–   An Act approving the Lease Agreement between the Government of the Virgin Islands, acting through the Commissioner of the Department of Property and Procurement and Vitelcom Cellular, Inc. d/b/a Viya Wireless VI E-Cell for the leasing of the Northwest portion of Parcel 3B Estate Susannaberg, No. 17A, Cruz Bay Quarter, St. John, U.S. Virgin

Invited Testifiers:

The Honorable Anthony Thomas, Commissioner, Department of Property and Procurement

Geraldine Pitt, Chief Executive, Officer VIYA

Bill No 34-0193          An Act approving the Lease Agreement between the Government of the Virgin Islands Department of Property and E & C Development, LLC 8168 Crown Bay Marina

Invited Testifiers:

The Honorable Anthony Thomas, Commissioner, Department of Property and Procurement

Eric W. Castro Sr., Member Manager  E&C Development

Covey Charles, Member Manager, E&C Development

 Bill No. 34-0194         An Act approving the Lease Agreement between the Government of the Virgin Islands Department of Property and Julien Welding d/b/a Julien’s Welding

Invited Testifiers:

The Honorable Anthony Thomas, Commissioner, Department of Property and Procurement

Jonah Julien Owner Julien’s Welding LLC