A bill to authorize loan funds for the Government of the Virgin Islands.

Summary

Authorizes the government of the Virgin Islands to levy a surtax on future income taxes payable to itself which will not exceed ten percent. Authorizes $15,000,000 in loan funds to be appropriated for the government of the Virgin Islands' operating expenses. Authorizes $61,000,000 to be appropriated for loans for the capital improvement program of the Virgin Islands. States the conditions for extension and repayment of such loans. Empowers the Secretary of the Interior to place stipulations on such loans as he deems necessary.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 28 April 1976

   Introduced

   Referred to House Committee on Interior and Insular Affairs.

   Source: IntroReferral

2. 28 April 1976

   Introduced

   Introduced in House

   Source: IntroReferral

3. 28 April 1976

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 28 April 1976

  Open at official source

Sponsors

• Rep. Clausen, Don H. [R-CA-2] · R · Sponsor
• Rep. Lagomarsino, Robert J. [R-CA-19] · R · Cosponsor
• Rep. Skubitz, Joe [R-KS-5] · R · Cosponsor
• · hsii00 · Standing

Related records

• related to ← A bill to authorize loan funds for the Government of the Virgin Islands.