Senate: Finance

Agenda

The committee will consider the following bills:

Bill No. 34-0191 — An Act amending Title 22, Virgin Islands Code, chapter 55, relating to captive insurance companies to clarify the purpose of the chapter, and to prohibit the organization, within the Virgin Islands, of a special category of multi-state insurers that may not be required to comply with the accreditation standards established by the National Association of Insurance Commissioners and adopted by the Territory as a NAIC-accredited jurisdiction”

Bill No. 34-0197 — An Act amending title 33 Virgin Islands Code, subtitle 1, part I, chapter 3, section 43, subsection (e) relating to the submittal of bills or invoices that separately state gross receipt taxes to account for the receipt and distribution of federal assistance to the Government of the Virgin Islands and related payments to its contractors

Bill No.  34-0204 — An Act amending the Virgin Islands Code title 22, chapter 58, relating to self-insurance and title 29, chapter 10, section 543, relating to the powers of the Port Authority, to authorize the Virgin Islands Port Authority to establish a self-insurance program to cover and manage certain risks