12-15-25 Committee on Budget, Appropriations and Finance

Committee on Budget, Appropriations and Finance, 36th Legislature (U.S. Virgin Islands) · December 15, 2025

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Call to order, chair's opening remarks

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Senator Novelli E. Francis Jr., chair, called the December 15, 2025 meeting to order, noted this is the committee's final meeting of the calendar year, summarized the committee's workload (16 bills forwarded earlier; fiscal year 2026 budget process), and previewed seven bills to be heard including three lease items, a sale, streetlight funding, a marine-safety bill, and accreditation of the Division of Banking, Insurance and Financial Regulation.

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The Committee on Budget, Appropriations and Finance held its December 15, 2025 meeting to consider property sales, marine-safety penalties, a $4 million streetlight appropriation to WAPA, and updates to insurance holding‑company law required by NAIC accreditation. Four bills were approved to send to Rules & Judiciary.

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Transcript

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