COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE 
 
 
BILL NO. 
36-0306 
 
Thirty-Sixth Legislature of the Virgin Islands 
 
 
 
June 11, 2026 
 
 
 
An act appropriating $140,000 from the Virgin Islands Horse Racing Improvement Fund to the 
University of the Virgin Islands to conduct an economic impact market and feasibility 
assessment to evaluate the horseracing industry as a revenue generating industry in the Virgin 
Islands 
 
 
 
PROPOSED BY: 
 
 
Senator Carla J. Jospeh 
Be it enacted by the Legislature of the Virgin Islands: 
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SECTION 1.  (a) The sum of $140,000 is appropriated in the fiscal year ending 
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September 30, 2026, from the Virgin Islands Horse Racing Improvement Fund to the 
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University of the Virgin Islands to conduct an economic impact market and feasibility 
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assessment to evaluate the horseracing industry as a revenue generating industry in the Virgin 
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Islands. 
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(b) 
The funds appropriated in subsection (a) remain available until expended. 
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(c) 
Not later than 180 days after the enactment of this act, the University of the Virgin 
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Islands shall submit the economic impact market and feasibility assessment to the President of 
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the Legislature of the Virgin Islands 
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BILL SUMMARY 
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This bill appropriates $140,000 from the Virgin Islands Horse Racing Improvement Fund 
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to the University of the Virgin Islands, to conduct an economic impact market and feasibility 
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assessment to evaluate the horseracing industry as a revenue generating industry in the Virgin 
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Islands. 
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BR26-1126/May 5, 2026/GC 
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