Title 48 — Territories and Insular PossessionsRelease 119-73not60
§1642a Availability of Collected Customs Duties for Expenditures as Legislature May Provide
Title 48 › Chapter 12— VIRGIN ISLANDS [1954] › Subchapter VII— FISCAL PROVISIONS › § 1642a
Summary
Net customs duties from the Virgin Islands must fund its Treasury starting after September 30, 1979, and be spent as the Legislature decides.
Full Legal Text
Title 48, §1642a
Territories and Insular Possessions — Source: USLM XML via OLRC
Notwithstanding any other provision of law, the proceeds of customs duties collected in the Virgin Islands less the cost of collecting all said duties shall, effective for fiscal years beginning after September 30, 1979, be covered into the Treasury of the Virgin Islands, and shall be available for expenditure as the Legislator 11 So in original. Probably should be “Legislature”. of the Virgin Islands may provide.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Prior Provisions
A prior section 1642a, Pub. L. 96–38, title I, July 25, 1979, 93 Stat. 122, related to availability of collected customs duties for expenditures as the Virgin Islands Legislature may provide, prior to repeal by Pub. L. 96–205, title IV, § 403(b), Mar. 12, 1980, 94 Stat. 89.
Reference
Citations & Metadata
Citation
48 U.S.C. § 1642a
Title 48 — Territories and Insular Possessions
Last Updated
Apr 5, 2026
Release point: 119-73not60