COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE 
 
03/18/2025-REPORTED OUT TO THE COMMITTEE ON RULES AND JUDICIARY 
BILL NO. 
36-0038 
 
Thirty-Sixth Legislature of the Virgin Islands 
 
 
 
February 27, 2025 
 
 
 
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 
 
 
 
PROPOSED BY:  Senator Milton E. Potter 
 
 
Be it enacted by the Legislature of the Virgin Islands: 
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SECTION 1.  Title 29 Virgin Islands Code, chapter 10, subchapter III, section 551, 
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subsection (a) is amended by striking “one hundred million dollars” and inserting “$500 
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million”. 
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BILL SUMMARY 
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This bill amends title 29 Virgin Islands Code, chapter 10, subchapter III, section 551, 
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subsection (a) by increasing the limit for outstanding bonds for the Virgin Islands Port 
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Authority from $100 million to $500 million. 
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BR25-0418/February 24, 2025/GC 
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