All Roll Calls
Yes: 12 • No: 0
Virgin IslandsBill No. 36-014736th Legislature of the Virgin Islands (2025-2026)legislatureWALLET
An act approving the Hotel Development Agreement between the Government of the Virgin Islands and Haven Development, LLC
Sponsored By: Sponsor information unavailable
Signed by Governor
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Bill Overview
Analyzed Economic Effects
7 provisions identified: 6 benefits, 1 costs, 0 mixed.
Operating funds for law enforcement planning office
The law provides $500,000 to the Law Enforcement Planning Commission for FY2025 operating expenses. The money comes from savings created by the appropriation cuts in subsection (a). It applies in the fiscal year ending September 30, 2025.
Match funding for Early Head Start services
The law provides $600,000 to Lutheran Social Services as the local match for Early Head Start. The money comes from savings created by the appropriation cuts in subsection (a). It applies in the fiscal year ending September 30, 2025. Parents and young children served by Early Head Start may benefit.
Pays 2022 audit and fiduciary contract
The law provides $2,000,000 to the Department of Finance to pay for the 2022 audit service and $1,500,000 to the Office of Management and Budget for the final payment of the Third-Party Fiduciary Contract. The money comes from savings created by the appropriation cuts in subsection (a). These payments apply in the fiscal year ending September 30, 2025.
Hotel taxes fund new St. Thomas hotel
The law ratifies a hotel deal with Haven Development, LLC for a new branded hotel on St. Thomas. It allows 100% of the designated hotel room tax and a 7.5% Economic Recovery Fee to pay and secure hotel development notes. These revenues can be used for up to 30 years or until $44,105,254.61 is repaid, whichever comes first. The project includes 126 rooms, a pool, bars, a small breakfast kitchen, a fitness center, and meeting space.
Funds Diabetes Center programs and operations
The law provides $500,000 to the Diabetes Center for Excellence for program and operating costs. The money comes from savings created by the appropriation cuts in subsection (a). It applies in the fiscal year ending September 30, 2025.
Pays overdue bills to behavioral health providers
The law gives $6.9 million to the Department of Health to pay overdue bills to behavioral health facilities and other vendors. The money comes from savings created by the appropriation cuts in subsection (a). It applies in the fiscal year ending September 30, 2025.
Cuts to prior appropriations free up funds
The law lowers three earlier appropriations: from $10 million to $5 million in subsection (7), from $10 million to $5 million in subsection (9), and from $18 million to $16 million in subsection (11). These changes create the savings used for the FY2025 payments in this act.
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Sponsors & Cosponsors
Sponsors
There is no primary sponsor on record.
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
legislature vote • 8/28/2025
Floor Action
Yes: 12 • No: 0 • Other: 3
Actions Timeline
Enacted
9/10/2025legislatureTo Governor
8/29/2025legislatureFloor
8/28/2025legislatureIntroduced
8/26/2025legislatureCommittee
8/19/2025legislature
Bill Text
Enacted Act
9/10/2025
Governor's Message
9/10/2025
Bill Text
8/26/2025
Related Bills
Lease 36-0098 — An act approving the lease agreement between the Government of the Virgin Islands, acting through the Commissioner of the Department of Property and Procurement,
Bill No. 36-0261 — An act establishing a 33-business day amnesty to assist taxpayers and businesses recovering from the aftermath of Hurricanes Irma and Maria and Tropical
Bill No. 36-0198 — An act amending Act No. 9035 by redesignating the funding source for several entities and correcting a typographical error and amending Act No. 9045 by
Bill No. 36-0219 — An act amending title 22 Virgin Islands Code, chapter 31 relating to the Virgin Islands Producer and Adjuster Licensing Act by modifying renewal provisions
Bill No. 36-0199 — An act approving the lease agreement between the Government of the Virgin Islands, acting through the Commissioner of the Department of Property and Procurement,
Lease 36-0204 — An act approving a multi-year lease agreement between the Government of the Virgin Islands, acting through its Commissioner of the Department of Property
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