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Virgin Islands Statutes, Title 29

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Virgin Islands/Statutes

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Title 29, Public Planning and Development

25 chapters · 529 sections in this title.

All chapters in Title 29529 Ch 1, Community Development and Renewal; S…64 Ch 12, Economic Development and Incentives64 Ch 3, Virgin Islands Zoning and Subdivisio…42 Ch 19, Enterprise Zone Program Act32 Ch 17, Antiquities and Cultural Properties …30 Ch 8, Virgin Islands Waste Management Auth…28 Ch 10, Virgin Islands Port Authority25 Ch 13, Economic Park Development21 Ch 23, Hotel Development Program20 Ch 7, Public Works Acceleration Authority19 Ch 21, Economic Development Authority18 Ch 24, The Matching Fund Special Purpose Se…18 Ch 2, Emergency Housing and Stimulation of…17 Ch 5, Building Code17

529 sections·Filtered byTitle 29✕

29 V.I.C. § 979 Acquisition of gifts and bequests
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(a) Unless otherwise approved by the Committee, only unrestricted gifts may be accepted. (b) The gift must be accepted and acknowledged in accordance with procedures established by the Office of the Governor and the Committee. (c) Major donations, as defined by the Committee, mer…
29 V.I.C. § 980 Collection, records, inventory and access
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(a) The Committee shall maintain a complete and accurate record of all works of art. The record must include a completed acquisition catalogue form, containing a bill of sale or donation documents, correspondence, bibliographic references, photographs of related works, copies of …
29 V.I.C. § 981 Reproduction of works
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It is unlawful to reproduce or copy works of art for personal use or commercial sale, except for educational materials and items such as prints, note cards and postcards produced by Government House, the Division of Libraries and Archives, and the Historic Preservation Office.
29 V.I.C. § 982 Loans
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(a) The decision to borrow or loan a work must be approved by a majority vote of the Committee, but if the Curator sits on the Committee as the chairperson, then the Archivist shall vote instead of the chairperson. If there is not unanimity in the decision, then the decision must…

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29 V.I.C. § 983 Care and preservation of the collection

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(a) Any damage to a work of art in the Government House must be reported immediately to the Curator and State Historic Preservation Office on a form indicating the date the damage occurred, a description of the damage, and photographs of the areas of damage. No repairs to Governm…

29 V.I.C. § 984 Government House textile policy

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(a) The Curator shall create a textile policy, which at a minimum must include, but not limited to textiles, draperies and fabrics. (b) The Curator shall store textiles, including draperies and fabrics. (c) A written and photographic record must be compiled of all draperies in st…

29 V.I.C. § 985 Deaccession policy

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(a) The Curator, the Commissioner of the Department of Planning and Natural Resources, or the Commissioner’s designee: the Commissioner of Property and Procurement, or the Commissioner’s designee, and the Deputy State Historic Preservation Officer shall approve the disposal of wo…

29 V.I.C. § 1001 Legislative findings

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(a) The Legislature hereby finds and declares that:(a) there exists in localities throughout the territory, areas of historical significance that once experienced commercial and trade activity, but due to the general economic downturn are in need of economic and physical revitali…

29 V.I.C. § 1002 Policy and purpose

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(a) It is the policy of the territory to provide the necessary means to assist local communities, their residents, and the private sector in creating the proper economic and social environment to induce the investment of private resources in productive business enterprises locate…

29 V.I.C. § 1003 Definitions

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(1) As used in this chapter, unless a different meaning is clearly indicated by the context:(1) “Area of Operation” or “Enterprise Zone” means the total area within the Territory that has been declared an enterprise zone as designated by law or pursuant to a proclamation or execu…

29 V.I.C. § 1004 Creation of the Enterprise Zone Commission

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(1) There is created a public body to be known as the Enterprise Zone Commission. The Commission shall be within, and shall constitute a subsidiary entity wholly administered and operated by the Economic Development Authority established in title 29, chapter 21, Virgin Islands Co…

29 V.I.C. § 1005 Compensation; traveling expenses

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Appointed members of the Commission shall receive compensation of $75 per day while attending Commission meetings, plus necessary expenses incurred thereby. However, only one payment of $75 per day will be made when an appointed member attends meetings of both the Historic Preser…

29 V.I.C. § 1006 Quorum; meetings; qualifications for appointment as commissioner

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Four (4) of the commissioners shall constitute a quorum of the Commission for the purpose of conducting business and exercising the powers of the Commission and for all other purposes. The Board may act upon a vote of a majority of the commissioners present, unless the bylaws or …

29 V.I.C. § 1007 Powers and duties of the Commission

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(1) The Commission, either directly, or through its staff, shall have the following powers and duties:(1) Develop application procedures for demonstrating compliance with section 1011 of this chapter and for obtaining the benefits set out under section 1012 of this chapter, which…

29 V.I.C. § 1008 Annual report

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(a) At the beginning of each fiscal year, the Commission shall file with the Governor and the Legislature a detailed report of its activities for the preceding fiscal year and make any recommendations with reference to any additional legislation or other action that may be necess…

29 V.I.C. § 1009 Findings of necessity

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(1) The Commission shall, at least annually, make a determination as to whether one or more blighted areas exist in an Enterprise Zone and whether the rehabilitation, conservation, re-development, or a combination thereof of the area or areas is necessary in the interest of the p…

29 V.I.C. § 1010 Resolutions

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The Commission shall not adopt a resolution pursuant to section 1009 this chapter unless it finds that one or more blighted areas as defined in section 1003 of this chapter exist in one or more Enterprise Zones, and the re-development of such area or areas is necessary in the int…

29 V.I.C. § 1011 Specific requirements for granting of benefits

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(1) In order to qualify and remain eligible for benefits provided under this chapter, an applicant must fulfill the following specific qualifications and requirements:(a) Establish or continue to maintain a business with a valid business or project in the case of an owner-occupie…

29 V.I.C. § 1012 Hiring of VI residents; competitive bidding procedures

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(1) Any business granted benefits pursuant to this chapter shall agree in writing to employ, and to require all contractors retained by the business to employ persons who are residents of the Virgin Islands. (2) Any business granted benefits pursuant to this chapter shall similar…

29 V.I.C. § 1013 Industrial development benefits beneficiary exclusion

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(1) Beneficiaries of the Economic Development Program in Title 29, Chapter 12, Virgin Islands Code, shall not be eligible to be designated as Enterprise Zone Businesses nor to receive benefits authorized pursuant to the provisions of this chapter. (2) An individual or entity that…

29 V.I.C. § 1014 Tax credits; tax benefits; benefit options

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(1) Each Enterprise Zone Business shall qualify for the following tax credits and tax benefits:(a) A nonrefundable gross receipts tax credit or an income tax credit equal to twenty-five percent (25%) of the actual value expended within a fiscal year for construction of a new buil…

29 V.I.C. § 1016 Savanne-Down Street and Garden Street-Upstreet

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(a) Savanne-Down Street and Garden Street-Upstreet in Charlotte Amalie, St. Thomas and the Towns of Christiansted and Frederiksted in St. Croix are designated as Enterprise Zones, as defined in section 1003(1) of this title. The South Shore in St. Croix is designated the Virgin I…

29 V.I.C. § 1017 Purpose

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The purpose of this subchapter is to establish a process that provides incentives by the Government to induce private investment in Commercial Zone areas by removing unnecessary governmental regulatory barriers to economic growth, and providing tax incentive benefits.

29 V.I.C. § 1017a Definitions

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(1) As used in this subchapter:(1) “Commercial Zone” means that total area within the Territory that has been declared a commercial zone pursuant to title 29 Virgin Islands Code, Chapter 19, Subchapter I, Section 1003(11).(2) “Commercial Zone Business” means any individual, partn…

29 V.I.C. § 1017b Commercial Zone Program established

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(a) There is established in the Virgin Islands a Commercial Zone Program. (b) The Program is organized and administered as a committee of the Virgin Islands Enterprise Zone Commission, established pursuant to title 29, Virgin Islands Code, chapter 19, section 1004.

29 V.I.C. § 1017c Powers and duties of the commission

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(1) In addition to the powers enumerated in title 29 Virgin Islands Code, chapter 19, section 1007, the Commission shall:(1) Develop application procedures for demonstrating compliance with section 1017d of this subchapter and for obtaining the benefits set out under section 1017…

29 V.I.C. § 1017d Specific requirements for granting of benefits

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(1) In order to qualify and remain eligible for benefits provided under this subchapter, an applicant must fulfill the following specific qualifications and requirements:(1) Establish or continue to maintain a business with valid licenses and permits within a Commercial Zone;(2) …

29 V.I.C. § 1017e Hiring of Virgin Islands residents; competitive bidding procedures

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(a) Any business granted benefits under this subchapter shall agree in writing to employ and to require all contractors retained by the business to employ persons who are residents of the Virgin Islands. (b) Any business granted benefits pursuant to this subchapter shall require …

29 V.I.C. § 1017f Economic development benefits exclusion

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(a) Beneficiaries of the Economic Development Program in title 29 Virgin Islands Code, chapter 12 shall not be eligible to be designated as Commercial Zone Businesses nor to receive benefits authorized pursuant to the provisions of this subchapter. (b) An individual or entity tha…

29 V.I.C. § 1017g Tax credits; tax benefits; benefit options

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(a) Each Commercial Zone Business shall qualify for the following tax credits and tax benefits:(1) A non-refundable gross receipts tax credits or an income tax credit equal to ten percent (10%) of the actual value expended within a fiscal year for construction of a new building w…

29 V.I.C. § 1017h Enterprise Zone Fund

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(a) There is established within the Treasury of the Virgin Islands a separate and distinct fund designated and known as the “Enterprise Zone Fund”. The Commissioner of Finance shall maintain and provide for the administration of the Fund, and no monies shall be made available for…

29 V.I.C. § 1018a Definitions

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(1) As used in this subchapter:(1) “Certificate” means the contract between the Government of the Virgin Islands through the Commission and the Beneficiary for benefits under this subchapter.(2) “Programs” means the initiatives and offerings of the Virgin Islands Enterprise Zone.…

29 V.I.C. § 1018b Virgin Islands South Shore Trade Zone; beneficiary eligibility

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(a) A person or company wishing to be designated as a Beneficiary shall apply to the Commission on forms prescribed and made available by the Commission and pay the applicable fee. In order to qualify and remain eligible for benefits provided under this subchapter, an applicant m…

29 V.I.C. § 1018c Tax exemptions; tax subsidies; benefit options for Beneficiary

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(a) Each applicant granted a certification as a Beneficiary is exempt from the payment of the following taxes:(1) Taxes on real property to the extent that is used in the business or industry for which a certification has been granted for a period of 20 years if the Beneficiary r…

29 V.I.C. § 1018d Exemption from customs laws, custom duties, excise taxes and gross receipt taxes for merchandise imported to and exported from the Virgin Islands South Shore Trade Zone

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(a) Handling of merchandise in zone; shipment of foreign merchandise into customs territory; appraisal; reshipment of foreign and domestic merchandise of every description, except such as is prohibited by law, may, without being subject to the customs laws of the Virgin Islands, …

29 V.I.C. § 1018e Economic development benefits exclusion

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(a) Beneficiaries of the Economic Development Program in title 29 Virgin Islands Code, chapter 12 and the University of the Virgin Islands Research and Technology Park in title 17 Virgin Islands Code, chapter 34 are not eligible to be designated as a Beneficiary or to receive ben…

29 V.I.C. § 1018f Virgin Islands South Shore Trade Zone: Electrical Power & Water Generation

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(a) Notwithstanding title 30 Virgin Islands Code, chapter 1, Beneficiaries, including The Virgin Islands Water and Power Authority, have the right to generate, sell, trade, or otherwise distribute electrical power and water to Beneficiaries within the South Shore Trade Zone. (b) …

29 V.I.C. § 1018g Revocation, suspension, or modification of certificate

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(a) A Virgin Islands South Shore Trade Zone certificate granted in accordance with this subchapter may be revoked, suspended or modified by the Commission, after due notice, public hearing and written findings by the Commission that:(1) the Beneficiary has failed to maintain comp…

29 V.I.C. § 1018h False or fraudulent statements or representations; false claims for benefits

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Any applicant or Beneficiary who willfully makes any false or fraudulent statement or representation as to any fact required or appropriate, necessary or related to the determination of the eligibility qualifications of such applicant or Beneficiary for benefits under this subcha…

29 V.I.C. § 1021 Short title

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This chapter may be cited as the “Tobacco Settlement Financing Act of 2001”.

29 V.I.C. § 1022 Definitions

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(a) For the purposes of this chapter, the term:(a) “Bonds” means the taxable or tax-exempt asset-backed bonds, notes or other obligations, authorized to be issued by the Corporation pursuant to this chapter.(b) “Corporation” means the Tobacco Settlement Financing Corporation esta…

29 V.I.C. § 1023 Sale of rights under Master Settlement Agreement

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(a) For the purpose of the funding of the healthcare projects described in title 33, chapter 111, section 3100b(c), Virgin Islands Code, the Government may sell to the Corporation all of the Government's right, title, and interest in and to the Master Settlement Agreement, includ…

29 V.I.C. § 1024 Establishment of the Tobacco Settlement Financing Corporation; powers and authority

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(a) The Tobacco Settlement Financing Corporation is established as a special purpose, independent instrumentality of the Virgin Islands. The Corporation shall be a corporate body, intended, created, and empowered to effectuate the purposes stated in this chapter, and shall have a…

29 V.I.C. § 1025 Issuance of Bonds

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(a) The Corporation shall have the power to issue asset-backed bonds, notes, and other obligations, including refunding asset-backed bonds at or before maturity, to finance, or assist in the financing of healthcare projects described in title 33, section 3100b(c) Virgin Islands C…

29 V.I.C. § 1026 Obligations while Bonds outstanding

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(a) The existence of the Corporation shall be perpetual; provided, that the board of directors by majority vote, including both of the independent members, may dissolve the Corporation when the Bonds, the Residual Bond, if any and all other obligations of the Corporation incurred…

29 V.I.C. § 1027 True sale

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The transfer of the Government's right, title, and interest in and to the Master Settlement Agreement to the Corporation or any assignee which the parties have in the governing documentation expressly stated to be a sale or other absolute transfer shall be treated as an absolute …

29 V.I.C. § 1028 Master Settlement Agreement and Model Statute valid and enforceable

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Notwithstanding any other law, the Master Settlement Agreement and the Model Statute referred to in the Master Settlement Agreement are each valid and enforceable in accordance with their respective terms.

29 V.I.C. § 1029 Performance of Master Settlement Agreement

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Article XII of the Master Settlement Agreement imposes continuing and material obligations on the Government, and a failure by the Government to continue performing those obligations shall constitute a material breach excusing the performance of the other parties to the Master Se…

29 V.I.C. § 1030 Severability

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If a provision of this chapter or its application to a person or circumstances is held invalid, the invalidity shall not affect other provisions or applications of this chapter, which can be given effect without the invalid provisions, or application.

29 V.I.C. § 1051 Short title

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This chapter may be cited as the “Caribbean Cultural Heritage Center Act of 2001”.