An act approving the Reinstatement and Amendment to Lease Agreement between Government of the Virgin Islands, acting through the Commissioner of Property
Sponsored By: Sponsor information unavailable
Signed by Governor
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Water Island lease and use limits
The law approves a long-term lease for Water Island land. The lease covers 180.21 acres and starts May 1, 2026. It runs 99 years and can be extended up to two years if hotel and marina development conditions are met. The lessee may build only a hotel, a marina, related facilities, and homes. Sales of the defined residential land require approval from the U.S. Department of the Interior.
Sponsors & Cosponsors
Sponsors
There is no primary sponsor on record.
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Enacted
8/7/2026legislatureTo Governor
8/5/2026legislatureFloor
8/4/2026legislatureIntroduced
7/31/2026legislature
Bill Text
Enacted Act
8/7/2026
Governor's Message
8/7/2026
Bill Text
7/31/2026
Related Bills
Bill No. 36-0309, An act appropriating the sum of $383,784 from the Virgin Islands Education Initiative Fund to the Department of Education to conduct extended school year
Bill No. 36-0312, An act amending Act No. 9022 regarding compensation for unused leave for legislative employees upon separation
Bill No. 36-0310, An act amending Acts Nos. 8870 and 8985 regarding the $1,000,000 appropriated in Act No. 8870 for the Ivanna Eudora Keen High School track and field f
Bill No. 36-0248, An act amending title 29 Virgin Islands Code by enacting the Commercial Property Assessed Clean Energy (C-PACE) Act
Bill No. 36-0283, An act amending title 29, Virgin Islands Code, chapter 12, subchapter I by adding a new section 713c to limit income tax refunds for economic development
Bill No. 36-0207, An act amending title 3 Virgin Islands Code, chapter 25, subchapter VI, by adding section 590d and title 24 Virgin Islands Code, chapter 1, by adding section