Governor de Jongh Submits Legislation to Reflect His Administration's
Intention Not to Consider the Sale of Real Estate Property Tax Receipts for FY 2007

This morning, Governor John P. de Jongh, Jr. submitted to the 28th Legislature, an additional amendment to Bill 28-0227, legislation that will be considered by the Senate in its next regular session on Tuesday, May 4.

de Jongh explained, just as the administration’s financial team did during an April 14th Senate Committee of the Whole Hearing, that it has been his intention to delete the portion of Subsection 2 of the bill that would have authorized the government to sell real estate property tax receipts collected for Fiscal Year 2007. “The proposed amendment deletes that portion of Subsection 2 of Bill 28-0227, and therefore, accurately reflects my Administration’s intention not to consider this as an option,” de Jongh wrote in today’s letter to Senate President Louis Patrick Hill.

The complete text of the Governor's Letter is below:

April 28, 2010

28th Legislature of the Virgin Islands
Capitol Building
St. Thomas, VI 00802

RE: Proposed Additional Amendment to Bill No. 28-0227

Dear President Hill:

I submit the attached proposed Amendment to Bill 28-0227 for consideration during its Regular Session scheduled for May 4, 2010. During the Committee of the Whole meeting on April 14, 2010, my Financial Team stated that my intention was to delete the portion of subsection 2 of Bill No. 28-0227 that would have authorized the Government to sell real property tax receipts collected for Fiscal Year 2007.

This proposed amendment deletes that portion of subsection 2 of Bill No. 28-0227, and therefore, accurately reflects my Administration's intention not to consider this as an option.

Sincerely,

John P. de Jongh, Jr.
Governor

Enclosures: Proposed Amendment to Bill 28-0227

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