As of June 9, the U.S. Virgin Islands is no longer tied to the Puerto Rico Oversight Management and Economic Stability Act (PROMESA), a development that was referred to as a “significant victory” by Stacey Plaskett, the territory’s delegate to Congress.
The bill passed after Congress made changes to a particularly controversial section that would
U.S. Virgin Islands Governor Kenneth E. Mapp recently held a press conference at Government House, where he discussed a number of economic development initiatives.
Tourism has long been the single-largest driver of the economy in the U.S. Virgin Islands, and the industry has fully recovered since the Great Recession. Mapp emphasized the importance of the
Back in April, the U.S. Supreme Court ruled unanimously that states were allowed to count all of its residents—and not just those eligible to vote—when drawing their elective districts. The decision was a significant statement on the principle of “one person, one vote,” and marked the first time the Supreme Court had ever ruled on
Officials in the U.S. Virgin Islands continue to watch closely the situation in Puerto Rico, where the territory has been unable to make service payments on its roughly $70 billion in debt. The crisis has become so severe that the Puerto Rican government has had to make drastic cuts to healthcare, public safety and education—and
The federal estate tax has been the subject of much debate in the United States for many years. Now, the federal government is facing pressure once again to repeal the tax for good—and the effort is generating a great deal of support.
A letter sent March 15 by the Family Business Coalition to Senate Majority
The U.S. Equal Employment Opportunity Commission (EEOC) recently released a new Proposed Enforcement Guidance on Retaliation and Related Issues. This proposed guidance specifically includes attempts to expand the scope of the participation clause and the definition of protected opposition conduct.
These proposals represent a shifting viewpoint on the part of the federal agency. Let’s
The effects of the 2009 increase in the unemployment rate continue to be felt in the U.S. Virgin Islands, as the territory struggles to pay back the balance of a federal loan taken out to maintain its ability to pay unemployment benefits and fund related programs. However, some measure of relief is on the way,
In his first State of the Territory Address, Governor Kenneth A. Mapp didn’t shy away from speaking to the Legislature and citizens of the U.S. Virgin Islands with candor, especially when it came to the fiscal situation of the Territory. At the start of 2015, the
It was a busy election cycle in the U.S. Virgin Islands, with the passage of a referendum on medical marijuana and the defeat of the proposed increase of senatorial terms by a wide margin. The Territory also has a new Governor-Elect in former Lt. Gov. Kenneth Mapp.
Mapp won a November 18 runoff against Donna
Bill No. 30-0438, a U.S. Virgin Islands Senate bill approved in committee at the end of October could, if passed, pave the way for local contractors to receive additional priority when bidding for government contracts in the territory.
Local contractors already have significant standing when it comes to government contracts. Under the terms of