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Senate: Special Session

December 29, 2020 @ 12:00 pm

Agenda:

Call to Order: Honorable Novelle E. Francis, Jr.

Invocation: Reverend Dr. Cortroy Winston Montgomery Jarvis

Pastor, Memorial Moravian Church

Anthem: National Anthem and Virgin Islands March

Roll Call: Honorable Alicia V. Barnes, Legislative Secretary

Consideration of Floor Agenda

Pursuant to Section 7 (a) of the Revised Organic Act of 1954, as amended for the United States Virgin Islands, the 33rd Legislature will convene in Special Session called by the Honorable Albert Bryan Jr., Governor of the United States Virgin Islands. The 33rd Legislature will dissolve into Committee of the Whole to receive testimony and will then rise into session to vote on the matters

Bill No. 33-0458 — An Act repealing and replacing Act Nos. 8329 and 8330; amending Title 29 of the Virgin Islands Code, by repealing chapter 24 in its entirety and replacing it with a new chapter 24; terminating the existence of the “Matching Fund Securitization Corporation,” creating, as of the date hereof, a new  entity named the “Matching Fund Securitization Corporation” to: (1) acquire all of the Virgin Islands Government’s rights, title, and interest in the Matching Fund Receipts to be paid to or for the account of the Government by the United States Treasury during the Transfer Period and the Related Rights, (2) issue Matching Fund Securitization Bonds and the Residual Certificate in order to pay the purchase price therefor and as otherwise authorized under the Act, and (3) direct the Secretary and the United States Department of Interior to pay the Matching Fund Receipts directly into the Deposit Account; to approve and ratify all actions taken pursuant to Act Nos. 8329 and 8330 prior to the date hereof; to ratify the amendments to the rum company agreements; and for other related purposes

Details

Date:
December 29, 2020
Time:
12:00 pm
Event Category:

Venue

Earle B. Ottley Legislative Hall
St. Thomas, + Google Map