Home > 106th Congressional Bills > H.R. 2841 (enr) To amend the Revised Organic Act of the Virgin Islands to provide for greater fiscal autonomy consistent with other United States jurisdictions, and for other purposes. [Enrolled bill] ...

H.R. 2841 (enr) To amend the Revised Organic Act of the Virgin Islands to provide for greater fiscal autonomy consistent with other United States jurisdictions, and for other purposes. [Enrolled bill] ...


Google
 
Web GovRecords.org


106th CONGRESS

  1st Session

                               H. R. 2841

_______________________________________________________________________

                                 AN ACT

 To amend the Revised Organic Act of the Virgin Islands to provide for 
      greater fiscal autonomy consistent with other United States 
                 jurisdictions, and for other purposes.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
106th CONGRESS
  1st Session
                                H. R. 2841

_______________________________________________________________________

                                 AN ACT


 
 To amend the Revised Organic Act of the Virgin Islands to provide for 
      greater fiscal autonomy consistent with other United States 
                 jurisdictions, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. GREATER FISCAL AUTONOMY.

    (a) Issuance.--Section 8(b)(ii)(A) of the Revised Organic Act of 
the Virgin Islands (48 U.S.C. 1574(b)(ii)(A)) is amended--
            (1) in the first sentence, by inserting after ``other 
        evidence of indebtedness'' the following: ``, including but not 
        limited to notes in anticipation of the collection of taxes or 
        revenues, '';
            (2) by striking ``to construct, improve, extend'' and all 
        that follows through ``Provided, That no public'' and inserting 
        ``for any public purpose authorized by the legislature: 
        Provided, That no such''; and
            (3) by striking ``and payable semiannually. All such bonds 
        shall be sold for not less than the principal amount thereof 
        plus accrued interest''.
    (b) Technical Corrections and Conforming Amendments.--
            (1) Repeal.--Section 8(b)(ii)(B) of the Revised Organic Act 
        of the Virgin Islands (48 U.S.C. 1574(b)(ii)(B)) is repealed.
            (2) Redesignation.--Section 8(b)(ii)(C) of the Revised 
        Organic Act of the Virgin Islands (48 U.S.C. 1574(b)(ii)(C)) is 
        redesignated as section 8(b)(ii)(B).
            (3) Redundant provision.--Section 1 of Public Law 94-392 
        (90 Stat. 1193) is amended by striking subsection (d).

SEC. 2. AGREEMENT.

    (a) In General.--The Secretary of the Interior is authorized to 
enter into an agreement with the Governor of the Virgin Islands 
establishing mutually agreed financial accountability and performance 
standards for the fiscal operations of the Government of the Virgin 
Islands.
    (b) Transmission to Congress.--Upon ratification of the agreement 
authorized in subsection (a) by both parties, the Secretary shall 
forward a copy of the agreement to the Committee on Resources in the 
House of Representatives and the Committee on Energy and Natural 
Resources in the Senate.

SEC. 3. EFFECTIVE DATES.

    (a) In General.--Except as provided by subsection (b), the 
amendments made by section 1 shall apply to those instruments of 
indebtedness issued by the Government of the Virgin Islands after the 
date of the enactment of this Act.
    (b) Effect of Failure To Reach Agreement.--If the agreement 
authorized in section 2(a) is not ratified by both parties on or before 
December 31, 1999, the amendments made by section 1--
            (A) shall not apply to instruments of indebtedness issued 
        by the Government of the Virgin Islands on or after December 
        31, 1999; and
            (B) shall continue to apply to those instruments of 
        indebtedness issued by the Government of the Virgin Islands 
        after the date of the enactment of this Act and before December 
        31, 1999.

SEC. 4. CONSTRUCTION.

    These amendments to the Revised Organic Act of the Virgin Islands 
are not intended to modify the internal revenue laws. Thus, the bonds 
authorized by this bill must comply with subsection (c) of section 149 
of the Internal Revenue Code of 1986 (which requires the new bonds 
comply with the appropriate requirements of the Internal Revenue Code).

            Passed the House of Representatives September 27, 1999.

            Attest:

                                                                 Clerk.

Pages: 1

Other Popular 106th Congressional Bills Documents:

1 H.Con.Res. 77 (ih) Expressing the sense of the Congress that a commemorative postage stamp should be issued by the United States Postal Service honoring the members of the Armed Forces who have been awarded the Purple Heart. [Introduced in House] %%Filena...
2 S.Res. 85 (is) Supporting the efforts of the people of Indonesia in achieving a transition to genuine democracy, and for other purposes. [Introduced in Senate] ...
3 S. 2485 (es) To direct the Secretary of the Interior to provide assistance in planning and constructing a regional heritage center in Calais, Maine. [Engrossed in Senate] ...
4 S. 2300 (es) To amend the Mineral Leasing Act to increase the maximum acreage of Federal leases for coal that may be held by an entity in any 1 State. [Engrossed in Senate] ...
5 H.R. 1606 (ih) To amend chapter 84 of title 5, United States Code, to make certain temporary Federal service creditable for retirement purposes. [Introduced in House] ...
6 H.R. 4867 (ih) To revise and extend the programs of the Substance Abuse and Mental Health Services Administration, and for other purposes. [Introduced in House] ...
7 H.R. 801 (ih) To modify retroactively the residence requirement for transmission of citizenship to certain individuals born abroad before 1953 to one citizen parent and one alien parent. [Introduced in House] ...
8 S. 3141 (is) To amend title XVIII of the Social Security Act to provide for coverage under the Medicare Program of annual screening pap smear and screening pelvic exams. [Introduced in Senate] ...
9 H.R. 3536 (ih) To provide for a study regarding the potential health effects of [Introduced in House] ...
10 S.Res. 197 (is) Referring S. 1698 entitled ``A bill for the relief of D.W. Jacobson, Ronald Karkala, and Paul Bjorgen of Grand Rapids, Minnesota'' to the chief judge of the United States Court of Federal Claims for a report thereon. [Introduced in Senate]...
11 H.Con.Res. 308 (ih) Expressing the sense of the Congress that the Federal Government, including government officials outside of the United States, should not purchase any goods made by forced labor, and for other purposes. [Introduced in House] %%Filename...
12 H.R. 4104 (ih) To amend the Federal Water Pollution Control Act to authorize funding to carry out certain water quality and barrier island restoration projects for the Mississippi Sound, and for other purposes. [Introduced in House] ...
13 H.R. 4972 (ih) To amend the Internal Revenue Code of 1986 to encourage the granting of employee stock options. [Introduced in House] ...
14 H.R. 4648 (ih) To provide for grants to establish the Bill Emerson and Mickey Leland memorial fellowship programs. [Introduced in House] ...
15 H.R. 2488 (eh) To provide for reconciliation pursuant to sections 105 and 211 of the concurrent resolution on the budget for fiscal year 2000. [Engrossed in House] ...
16 S.Con.Res. 8 (is) Expressing the sense of Congress that assistance should be provided to pork producers to alleviate economic conditions faced by the producers. [Introduced in Senate] ...
17 S.Con.Res. 91 (rfh) Congratulating the Republic of Lithuania on the tenth anniversary of the reestablishment of its independence from the rule of the former Soviet Union. [Referred in House] ...
18 S.Con.Res. 66 (rfh) To authorize the printing of ``Capitol Builder: The Shorthand Journals of Captain Montgomery C. Meigs, 1853-1861''. [Referred in House] ...
19 H.R. 4942 (rh) Making appropriations for the government of the District of Columbia and other activities chargeable in whole or in part against the revenues of said District for the fiscal year ending September 30, 2001, and for other purposes. [Reported...
20 H.R. 5566 (ih) To amend section 8 of the United States Housing Act of 1937 to [Introduced in House] ...
21 H.R. 3176 (rh) To direct the Secretary of the Interior to conduct a study to determine ways of restoring the natural wetlands conditions in the Kealia Pond National Wildlife Refuge, Hawaii. [Reported in House] ...
22 H.Res. 319 (ih) Expressing the sense of the House of Representatives that a commemorative postage stamp should be issued in honor of Thurgood Marshall. [Introduced in House] ...
23 H.R. 5626 (ih) To amend the Federal Power Act to provide additional authority to the Federal Energy Regulatory Commission to order refunds of unjust, unreasonable, unduly discriminatory or preferential rates and charges for electricity, and for other purp...
24 H.R. 3699 (eh) To designate the facility of the United States Postal Service located at 8409 Lee Highway in Merrifield, Virginia, as the ``Joel T. Broyhill Postal Building''. [Engrossed in House] ...
25 H.R. 1925 (ih) To amend title 18, United States Code, to prohibit sex offenders from entering National Parks. [Introduced in House] ...
26 H.R. 5572 (ih) To amend title XIX of the Social Security Act to provide States with the option of covering intensive community mental health treatment under the Medicaid Program. [Introduced in House] ...
27 H.R. 3198 (ih) To amend title VII of the Tariff Act of 1930 to provide that the provisions relating to countervailing duties apply to nonmarket economy countries. [Introduced in House] ...
28 H.R. 2958 (ih) To provide for the continuation of higher education through the conveyance of certain public lands in the State of Alaska to the University of Alaska, and for other purposes. [Introduced in House] ...
29 S. 584 (is) To amend title XIX of the Social Security Act to permit the Secretary [Introduced in Senate] ...
30 S. 3181 (es) To establish the White House Commission on the National Moment of Remembrance, and for other purposes. [Engrossed in Senate] ...


Other Documents:

106th Congressional Bills Records and Documents

GovRecords.org presents information on various agencies of the United States Government. Even though all information is believed to be credible and accurate, no guarantees are made on the complete accuracy of our government records archive. Care should be taken to verify the information presented by responsible parties. Please see our reference page for congressional, presidential, and judicial branch contact information. GovRecords.org values visitor privacy. Please see the privacy page for more information.
House Rules:

104th House Rules
105th House Rules
106th House Rules

Congressional Bills:

104th Congressional Bills
105th Congressional Bills
106th Congressional Bills
107th Congressional Bills
108th Congressional Bills

Supreme Court Decisions

Supreme Court Decisions

Additional

1995 Privacy Act Documents
1997 Privacy Act Documents
1994 Unified Agenda
2004 Unified Agenda

Congressional Documents:

104th Congressional Documents
105th Congressional Documents
106th Congressional Documents
107th Congressional Documents
108th Congressional Documents

Congressional Directory:

105th Congressional Directory
106th Congressional Directory
107th Congressional Directory
108th Congressional Directory

Public Laws:

104th Congressional Public Laws
105th Congressional Public Laws
106th Congressional Public Laws
107th Congressional Public Laws
108th Congressional Public Laws

Presidential Records

1994 Presidential Documents
1995 Presidential Documents
1996 Presidential Documents
1997 Presidential Documents
1998 Presidential Documents
1999 Presidential Documents
2000 Presidential Documents
2001 Presidential Documents
2002 Presidential Documents
2003 Presidential Documents
2004 Presidential Documents

Home Executive Judicial Legislative Additional Reference About Privacy