Chapter 7

Duties and taxes covered into Virgin Islands treasury

Income tax laws of United States in force; payment of proceeds; levy of surtax on all taxpayers

Extension of industrial alcohol and internal revenue laws to Virgin Islands

Issuance of bonds or other obligations by government or municipalities; use of proceeds; limit on public indebtedness; terms, execution, interest rate, and sale price; taxes

Expenditure of bond proceeds for public improvements

Bond liability of United States

Geographical application of subchapter; land and waters included in term “Virgin Islands”

Transfer of property to government

Laws continued in force until modified; patent, trade mark, and copyright laws extended to Virgin Islands; jurisdiction of district court

Judicial process; title of criminal prosecutions

Taxes, duties and fees as funds for benefit of municipalities; appropriations

Effective date

Short title

Legislative authority to create authorities; appointment of members; powers of authorities

Issuance of notes, bonds, and obligations

Authorization of loans, conveyances, etc., by government and municipalities

Grants-in-aid by Federal Government

Ratification of prior acts

Additional powers