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
Enacted
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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.
Sponsors & Cosponsors
Sponsors
There is no primary sponsor on record.
Cosponsors
Milton E. Potter
legislature
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
Bill No. 36-0393, An act amending Act No. 9035 to reprogram funds within the 2026 fiscal year budget for Virgin Islands Department of Health to provide a $2,500,000 appropriation
Lease 36-0293, An act approving the lease agreement between the Government of the Virgin Islands and The St. Thomas Cricket Association Inc. for Parcel No-2 of Tract
Bill No. 36-0192, An act amending title 34 Virgin Islands Code, chapter 15 to enact the Senior Financial Protection and Promissory Note Abuse Prevention Act of 2025
Bill No. 36-0290, An act granting a zoning use variance for Plot No. 104 Estate Concordia, Westend Quarter, St. Croix from the R-2 (Residential Low Density–One and Two Family)
Bill No. 36-0339, 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. 36-0392, An act amending title 33 Virgin Islands Code, chapter 111 creating the Virgin Islands Contractor Bonds Cost Revolving Loan Fund