§ 191. Short title

This chapter may be cited as the “Farmer’s, Fishermen and Consumers Assistance Act of 2011”.

§ 192. Definitions

For the purposes of this chapter, the term: (a) “A person engaged in agriculture” means any individual, partnership, firm, cooperative or corporation engaged in any business listed in this section, whose income is wholly or partially derived from fishing or the production of food, including but not limited to: (1) the tilling of the soil […]

§ 193. Tax and fee exemptions

Any person who on or before January 1, 2011, was engaged in agriculture as defined in this chapter, or who after January 1, 2011, becomes engaged in agriculture, and who continues to be engaged in agriculture, shall be exempt from payment to the Government of the Virgin Islands of the following: (a) any trade or […]

§ 194. Rules and regulations

The Commissioner of Agriculture, subject to the approval of the Governor, and in cooperation with the Commissioner of Finance and the Director of the Internal Revenue Bureau, shall issue, not later than sixty days after enactment of this chapter, such rules and regulations as he finds necessary to carry out the provisions of this chapter.

§ 195. Certification of applicant

The Commissioner of Agriculture shall determine whether an applicant for the benefits provided under this chapter shall qualify under the provisions of this chapter for said exemptions and shall certify his findings to the Commissioner of Finance. Any person, individual, corporation or legal entity that provides false documents or statements, knowingly and with the intent […]

§ 196. Refund of taxes or fees

Any applicant who qualifies for the exemptions provided in this chapter shall have refunded to him, from the Treasury of the United States Virgin Islands, any taxes or fees he may have paid on or after January 1, 2011, the payment of which he is exempt by virtue of this chapter.

§ 197. Subsidy payments

(a) In addition to the exemptions provided in section 193 of this chapter, any applicant certified by the Commissioner of Agriculture as engaged in agriculture shall be entitled to a subsidy equal in amount to ninety percent of that portion of his annual income tax which was derived from agriculture and paid into the Treasury […]

§ 198. Annual report

The Commissioner of Agriculture shall submit an annual report to the Governor and the Legislature of the Virgin Islands, not later than January 31 of each calendar year, in which he shall review and analyze the effectiveness of the programs established by this act and make recommendations to enhance or reduce benefits to farmers and […]