Health Revolving Fund

  1. Law
  2. US Virgin Islands Code
  3. Taxation and Finance
  4. Finance
  5. Government Funds
  6. Health Revolving Fund

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  • (a) The “Health Revolving Fund” heretofore established in the Department of Health is hereby continued as a special fund in the Treasury of the Virgin Islands.

  • (b) The Commissioner of Finance is directed to maintain and provide for the administration of the Health Revolving Fund as a separate and distinct fund in the Treasury, and no funds therein shall be available for expenditure except as provided in this section.

  • (c) The Health Revolving Fund shall be constituted of—

    • All revenues derived from the Department of Health and medical fees which are authorized to be charged for dental and medical services. All payments by the Department of Human Services under its contract with the Department of Health covering medical care for the aged. All sums reimbursable to the Department of Health of the Virgin Islands from Federal Grants-in-Aid Programs, for costs of services rendered to all eligible patients receiving outpatient services from the Department. All fines collected by the Department of Health pursuant to 19 V.I.C., § 1496 to be used exclusively for education programs on tobacco smoking.

  • (d) , (e) [Repealed.]

  • (f) The Commissioner of Finance shall submit a quarterly report to the Governor and the Legislature listing all receipts and expenditures pertaining to the Health Revolving Fund.

  • (g) The Governor, upon the recommendation of the Commissioner of the Budget, and with the approval of the Legislature or the Finance Committee of the Legislature, if the Legislature is not in session, is hereby authorized to make transfers from the Health Revolving Fund to the General Fund.

  • (h) The annual appropriations of the Health Revolving Fund shall remain available until expended.


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