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United States · Bill · HR

H.R. 95 (111th)

Virgin Islands Improvement Act of 2009

referredUnited States· United States Congress· EN

Introduced

6 January 2009

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

10 December 2025

Summary

Virgin Islands Improvement Act of 2009 - Amends the Internal Revenue Code to provide for a reduction of taxes on distributions from certain retirement savings plans designated as being under investment by the Virgin Islands Investment Program for at least 30 years. Defines "Virgin Islands Investment Program" for purposes of this Act as a fund with managed amounts of $50 billion or less. Imposes a 1% annual tax on managed funds to benefit Virgin Island infrastructure development.

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Versions

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Documents

3 official files

Introduced in House (text)

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Sources

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