News and Updates #FiscalResponsibility
Senator Bolques' Bill 35-0272 passes Committee of Finance
Senator At Large Angel L. Bolques, Jr. expressed gratitude to the Committee on Budget, Appropriations, and Finance for their strong support of Bill No. 35-0272. The bill introduces key amendments to the Virgin Islands Code, increasing the motor vehicle rental surcharge from $3.75 to $5.00, primarily affecting tourists. This measure is expected to generate between $850,000 to over $1 million annually, helping to balance the FY25 budget while safeguarding residents from additional financial burdens. The bill now moves to the Committee on Rules and Judiciary for further consideration.
Senator Bolques Responds to Governor Bryan's Proposal for Additional Line of Credit
U.S. Virgin Islands — In response to Governor Albert Bryan Jr.'s recent press release urging the Legislature to consider either expanding an existing $100 million line of credit or approving an additional $50 million line of credit, Senator Angel Bolques Jr. issued the following statement: "As a legislative representative of the people of the Virgin Islands, I understand the critical importance of maintaining our government's financial stability while honoring our commitments to residents and local businesses.
