COMMITTEE ON BUDGET, APPROPRIATIONS AND 
FINANCE 
 
 
BILL NO. 
35-0154 
 
Thirty-Fifth Legislature of the Virgin Islands 
 
 
 
September 19, 2023 
 
 
An Act providing an appropriation from the Business and Commercial Properties Revolving 
Fund to the Virgin Islands Department of Property and Procurement for operating expenses for 
the fiscal year October 1, 2023, through September 30, 2024 
 
 
PROPOSED BY: 
 
Senators Novelle E. Francis, Jr., and Donna A. Frett-Gregory 
by Request of the Governor 
Be it enacted by the legislature of the Virgin Islands: 
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SECTION 1.  The following sum, or so much of it as may be necessary, is appropriated 
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from the Business and Commercial Properties Revolving Fund for operating expenses, 
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including wages of salaried employees of the Virgin Islands Department of Property and 
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Procurement and the Business and Commercial Properties Administration, for administering 
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the Fund for the fiscal year October 1, 2023, through September 30, 2024, as hereinafter 
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specified:  
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6028 BUSINESS & COMMERCIAL PROPERTIES REVOLVING FUND 
FY 2024 
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600 DEPARTMENT OF PROPERTY & PROCUREMENT 
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TOTAL DEPARTMENT OF PROPERTY & PROCUREMENT 
 
$3,500,000 
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TOTAL 6028 BUSINESS & COMMERICAL PROPERTIES REVOLVING FUND 
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$3,500,000 
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BILL SUMMARY  
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This bill provides for an $3,500,000 appropriation from the Business & Commercial 
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Properties Revolving Fund to the Virgin Islands Department of Property and Procurement and 
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the Business and Commercial Properties Administration for the fiscal year ending September 
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30, 2024.   
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BR23-0792/BUDGET/September 15, 2023 
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