COMMITTEE ON GOVERNMENT OPERATIONS, VETERANS AFFAIRS AND CONSUMER PROTECTION 12/7/2023-REPORTED OUT TO THE FLOOR 11/21/2023-AMENDED AND REPORTED OUT TO THE COMMITTEE ON RULES AND JUDICIARY BILL NO. 35-0084 Thirty-Fifth Legislature of the Virgin Islands May 31, 2023 An Act amending title 11 Virgin Islands Code, chapter 21, section 1213 to allow businesses operating under a trade name to have the option of renewing the trade name every two, six, or ten-years PROPOSED BY: Senator Alma Francis Heyliger Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. (a) Title 11 Virgin Islands Code chapter 21, section 1213 is amended by 2 inserting “, six, or ten” after “two”, by inserting “for a two-year renewal, $300 for a six-year 3 renewal and $500 for a ten-year renewal” after “ “$100”. 4 (b) The sum of $50,000 is appropriated in the fiscal year ending September 30, 2024, 5 from the General Fund of the Treasury of the Government of the Virgin Islands to the Office 6 of the Lieutenant Governor to implement subsection (a). 7 (c) Subsection (a) of this act takes effect 180 days after enactment. 8 BILL SUMMARY 9 This bill amends title 11Virgin Islands Code, chapter 21, section 1213 to afford 10 businesses doing business under a trade name the option to renew the trade name every two, 11 six, or ten years. 12 BR23-0097-Revised/May 19, 2023/AA 13 ..\..\..\..\AMENDS\35th Legislature\FRANCIS HEYLIGER, ALMA\Amendment 35- 14 524\35-524- DRAFTED ON YELLOW.docx 15