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To create the Office of Chief Financial Officer of the Government of the Virgin Islands, and for other purposes.

4/7/2025, 3:13 PM

Summary of Bill HR 85

Bill 113 HR 85, also known as the "Office of Chief Financial Officer of the Government of the Virgin Islands Act," aims to establish a new office within the government of the Virgin Islands. This office, the Office of Chief Financial Officer (CFO), will be responsible for overseeing and managing the financial operations of the government.

The bill outlines the duties and responsibilities of the CFO, which include developing and implementing financial policies and procedures, preparing and maintaining financial reports, and ensuring compliance with financial regulations. The CFO will also be responsible for managing the government's budget and financial resources, as well as providing financial guidance and advice to government officials.

In addition to creating the CFO position, the bill also outlines the qualifications and requirements for the CFO, including a background in finance or accounting and experience in financial management. The bill also establishes the term of office for the CFO and outlines the process for appointing and removing the CFO. Overall, the purpose of Bill 113 HR 85 is to improve the financial management and accountability of the government of the Virgin Islands by creating a dedicated office to oversee and manage the government's finances.

Current Status of Bill HR 85

Bill HR 85 is currently in the status of Bill Introduced since January 3, 2013. Bill HR 85 was introduced during Congress 113 and was introduced to the House on January 3, 2013.  Bill HR 85's most recent activity was Placed on the Union Calendar, Calendar No. 78. as of June 17, 2013

Bipartisan Support of Bill HR 85

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 85

Primary Policy Focus

Government Operations and Politics

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