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WTJXNews Brief 1-23-2020

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HUD Appoints Federal Financial Monitor to Oversee U.S. Virgin Islands, Puerto Rico Disaster Recovery Funds. Governor Bryan commented on the new financial monitor.


An Act establishing a 180-day amnesty period for the waiver of penalties for payments of outstanding income taxes and the waiver of interest and penalties for payment of outstanding gross receipt taxes for all years to assist taxpayer recovering from the aftermath Irma and Maria; require the Director of the Virgin Islands Bureau of Internal Revenue to publish information on this amnesty, and establishing a 180-day amnesty for the waiver of interest and penalties for payment of outstanding real property taxes Senator Donna Fret Gregory championed this bill.