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https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/481/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 481 - Definitions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 481 - Definitions | For the purposes of this chapter, the following terms and phrases shall have the meaning stated below:
(a) Fund.— Means the non-lucrative corporation incorporated by the Cooperative Development Administrator pursuant to the General Corporations Law as provided in § 482 of this title.
(b) Cooperative.— Means any coopera... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/482/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 482 - Incorporation | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 482 - Incorporation | It is hereby provided that the Administrator of the Cooperative Development Administration shall incorporate a non-profit corporation, organized under Act No. 144 of August 10, 1995, also known as “General Corporations Act of 1995” within a term of one hundred and twenty (120) days after the effective date of this act.... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/483/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 483 - Exemptions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 483 - Exemptions | It is hereby resolved and stated that the purpose for which the Fund is created and for which it shall exercise its powers, is the strengthening of the cooperative movement, the promotion of economic development, as well as the general welfare, such public purposes being for the benefit of the People of Puerto Rico, an... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/484/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 484 - Investment of cooperative entities | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 484 - Investment of cooperative entities | (a) With the purpose of consolidating the resources of the cooperative movement for its development, the following is hereby provided:
(1) Initial investment.— During the first three (3) years from the establishment of the Fund, the cooperative entities shall make an initial contribution payable in three (3) installmen... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/485/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 485 - Investment commitment | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 485 - Investment commitment | Pursuant to the public policy of the Commonwealth of Puerto Rico in behalf of the development of the cooperative movement through co-investment, the Government Development Bank is hereby empowered and authorized to invest up to the sum of twenty-five million dollars ($25,000,000), matching the investment made by the co... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/486/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 486 - Gifts or contributions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 486 - Gifts or contributions | Private corporations, trusts, international organizations, community or workers enterprises, regional cooperative enterprises or private entities, or natural persons may make donations or contributions to this Fund and shall be exempted from the payment of all type of taxation; or the payment of duties, excise taxes, p... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/487/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 487 - Project investment | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 487 - Project investment | (a) In complying with its main mission of promoting and developing new cooperative enterprises, the Fund shall assume an active role in the design, gestation, organization, and capitalization of cooperative enterprises, for which purposes, the Fund may conduct any pertinent studies and analyses. In addition to investme... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/488/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 488 - Operating policies | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 488 - Operating policies | As part of the its operations, the Fund shall at least define and adopt the following policies, norms, and procedures:
(1) Operating budget of the Office of the Fund.
(2) Identification of the technical resources of the Fund for its operation and the evaluation of projects.
(3) Investment policies of the Fund.
(4) Elig... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/489/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 489 - Conflicts of interest | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 489 - Conflicts of interest | No official, director, agent, or employee of the Commonwealth of Puerto Rico or its instrumentalities, the Fund or any cooperative shall have, direct or indirect, personal interest in any contract with the Fund, or in any eligible cooperative enterprise or in real or personal property to be used by, or in any eligible ... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/490/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 490 - Operation and supervision | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 490 - Operation and supervision | (a) Administration.— The Board shall be responsible for the administration and operation of the Fund and shall appoint an Executive Director who shall have the responsibility of administering the Office of the Fund, the processing of applications, analysis, and evaluation of the projects to be granted, on a daily basis... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/491/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 491 - Annual report | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 491 - Annual report | The Fund shall render an annual report to its members, to the Government Development Bank, to the Governor, and to the Legislature on all its operations and activities, no later than thirty (30) days following the date it is approved by the Board. The report shall include the following:
(1) A financial statement certif... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/492/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 492 - Annual assembly | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 492 - Annual assembly | The Fund shall hold an annual informative assembly of all the cooperatives within ninety (90) days following the close of its annual operations. In said assembly, the annual report indicated in Section 12 of this Act shall be rendered, and the representatives of the cooperatives shall be elected. In the event there are... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/493/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 493 - Civil liability | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 493 - Civil liability | Any natural or juridical person who obtains, requests, or attempts to obtain an investment by the Fund, for him/herself, or for an eligible cooperative enterprise, by means of a false statement on a material fact, or by omitting to consign a material fact needed to prevent that the statements made, under the circumstan... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30/494/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494)›§ 494 - Felonies | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30 - Investment and Cooperative Development Fund (§§ 481 — 494) › § 494 - Felonies | Any natural or juridical person who incurs a felony, upon conviction, shall be punished by imprisonment for a fixed term of six (6) years, if the person:
(a) Withdraws or makes an inappropriate application of moneys, funds, or credits of the Fund, or of moneys, funds or credits of the Fund invested in an eligible coope... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30a/501/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30A - Sustainable Development Commission (§§ 501 — 508)›§ 501 - Purposes | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30A - Sustainable Development Commission (§§ 501 — 508) › § 501 - Purposes | The purposes of this chapter are to establish a public policy which promotes the attainment of a desirable and convenient quality of life for Puerto Ricans; to promote the harmonization of government policies, programs and activities pertaining to social, economic and environmental aspects, among others; to direct Puer... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30a/502/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30A - Sustainable Development Commission (§§ 501 — 508)›§ 502 - Interpretation of legal provisions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30A - Sustainable Development Commission (§§ 501 — 508) › § 502 - Interpretation of legal provisions | (a) It is hereby directed that, to the greatest extent possible, all public policies, programs, plans, laws, rules and regulations and executive orders in force at present and in the future, shall be construed, implemented and administered in strict accordance with the public policy set forth in this chapter.
(b) The p... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30a/503/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30A - Sustainable Development Commission (§§ 501 — 508)›§ 503 - Duties of government entities | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30A - Sustainable Development Commission (§§ 501 — 508) › § 503 - Duties of government entities | (a) Every agency, department, municipality, corporation and instrumentality of the Government shall revise [sic] their present statutory authority, their administrative regulations and their policies and current proceedings with the purpose of determining if any deficiencies or inconsistencies exist therein which preve... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30a/504/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30A - Sustainable Development Commission (§§ 501 — 508)›§ 504 - Annual report | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30A - Sustainable Development Commission (§§ 501 — 508) › § 504 - Annual report | The Commission shall render an annual report to the Governor and the Legislature on the activities conducted and the progress achieved regarding the intention and objectives of this chapter.
History —Sept. 10, 2004, No. 267, § 6. |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30a/505/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30A - Sustainable Development Commission (§§ 501 — 508)›§ 505 - Creation—Composition; term | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30A - Sustainable Development Commission (§§ 501 — 508) › § 505 - Creation—Composition; term | (a) The Sustainable Development Commission of Puerto Rico is hereby created, attached to the Environmental Quality Board.
(b) The Commission shall be composed of nine (9) commissioners. These shall be the Secretary of Economic Development and Commerce, the Secretary of the Department of Natural and Environmental Resour... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30a/506/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30A - Sustainable Development Commission (§§ 501 — 508)›§ 506 - Chairperson—Duties | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30A - Sustainable Development Commission (§§ 501 — 508) › § 506 - Chairperson—Duties | The Chairperson of the Commission shall have the following duties and powers, among others assigned to him by law:
(a) Shall preside over the meetings of the Commission and enforce the decisions adopted by the Commission.
(b) Shall appoint an Executive Director of the Commission, who shall direct and supervise all its ... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30a/507/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30A - Sustainable Development Commission (§§ 501 — 508)›§ 507 - Commissioners—Duties | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30A - Sustainable Development Commission (§§ 501 — 508) › § 507 - Commissioners—Duties | The members that constitute the Commission shall be responsible for the performance of the duties, powers and functions listed in § 508 of this title. A quorum equal to half plus one of its members or commissioners shall be required for the meetings of the Commission. Every agreement of the Commission shall be made by ... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-30a/508/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 30A - Sustainable Development Commission (§§ 501 — 508)›§ 508 - Commission—Powers and duties | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 30A - Sustainable Development Commission (§§ 501 — 508) › § 508 - Commission—Powers and duties | The Commission shall have the following duties, powers and functions among others:
(a) Prepare and present to the Governor and the Legislature the report mentioned in § 504 of this title.
(b) Coordinate with the Department of State of Puerto Rico and ensure the active participation of the Commonwealth of Puerto Rico, i... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/521/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 521 - Short title | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 521 - Short title | The short title of this chapter shall be “Ponce Port Commission Act”.
History —June 25, 1958, No. 93, p. 202, § 1. |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/522/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 522 - Definitions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 522 - Definitions | The following terms, whenever used or referred to in this chapter, shall have the following meanings, except where the context clearly indicates otherwise:
(a) Port Commission. — Shall mean the Port Commission created pursuant to § 523 of this title.
(b) Bonds. — Shall mean the bonds, interim bonds, refunding bonds, ob... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/523/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 523 - Creation | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 523 - Creation | There is hereby created in the municipality of Ponce a public body corporate and politic to be known as the “Port Commission”; Provided, however, That said Port Commission shall not conduct any business whatsoever or exercise the powers hereby conferred upon it, until or unless the governing body of the municipality of... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/524/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 524 - Port Commission; appointment; powers | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 524 - Port Commission; appointment; powers | The powers of the Port Commission shall be exercised by a Board of Commissioners consisting of five (5) members. Upon the Governor’s approval of the resolution, the mayor shall designate the five (5) commissioners of the Port Commission. The first five (5) commissioners appointed shall hold office for terms of one (1),... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/525/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 525 - Purpose; duties | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 525 - Purpose; duties | The purpose of the Port Commission shall be to develop, approve, acquire, construct, manage, own, operate and administer all port businesses, and it shall have and may exercise all such rights and powers as may be necessary or convenient for the carrying out of these purposes, including, but without limitation, the fol... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/526/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 526 - Deposit of funds; accounts | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 526 - Deposit of funds; accounts | All funds of the Port Commission shall be deposited with qualified depositories for funds of the Commonwealth Government but shall be kept in a separate account or accounts in the name of the Port Commission. The Controller or his representative shall from time to time examine the accounts and books of the Port Commiss... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/527/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 527 - Purchase of property | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 527 - Purchase of property | Upon application of the Port Authority the Governor of Puerto Rico or the Secretary of Transportation and Public Works shall have power to purchase either by agreement or by the exercise of the right of eminent domain or through any other lawful means, title in the name and in behalf of the Commonwealth of Puerto Rico ... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/528/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 528 - Conveyance of municipal property; rights as to streets, hig... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 528 - Conveyance of municipal property; rights as to streets, highways | The municipality of Ponce and the public instrumentalities of the Commonwealth of Puerto Rico are, any other provision of law to the contrary notwithstanding, authorized to acquire, grant and convey to the Port Commission, upon its request and with or without consideration, any property, moneys or interest therein (inc... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/529/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 529 - Contracts | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 529 - Contracts | All purchases and contracts for supplies or services, except for personal services, made by the Port Commission, including contracts for the construction of works of the Port Commission, shall be made after call for bids through publications or proposals by mail sufficiently in advance of the opening of the bids for th... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/530/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 530 - Bonds—Issuance | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 530 - Bonds—Issuance | (a) The Port Commission is hereby authorized to issue, at a time or from time to time, revenue bonds of the Port Commission for the purpose of acquiring or constructing any undertaking. The bonds of each issue shall bear such date, shall mature at such time or times not exceeding forty years from their respective dates... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/531/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 531 - Bonds—Default; receiver | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 531 - Bonds—Default; receiver | (a) In the event that the Port Commission shall default in the payment of the principal of, or interest on, any of its bonds, after the same shall become due, whether it be a default in the payment of principal and interest or of interest only at maturity or upon call for redemption, and such default shall continue for... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/532/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 532 - Actions by bondholders | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 532 - Actions by bondholders | (a) Subject to any contractual limitations binding upon the holders of any issue of bonds, or trustee therefor, including but not limited to the restriction of the exercise of any remedy to a specified proportion or percentage of such holders, any bondholder, or trustee therefor, shall have the right and power, for the... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/533/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 533 - Financial statements; reports | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 533 - Financial statements; reports | The Port Commission shall submit to the mayor and to the Governor of Puerto Rico, as soon as practicable after the close of each fiscal year, but prior to the end of the calendar year (1) a financial statement and complete report of the business of the Port Commission for the preceding fiscal year, and (2) a complete r... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/534/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 534 - Tax, fee, tariff exemptions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 534 - Tax, fee, tariff exemptions | It is hereby found and declared that the purposes for which the Port Commission is created and shall exercise its powers are the promotion of the general welfare and the development of commerce and prosperity, which are all public purposes for the benefit of the people of the Commonwealth of Puerto Rico, and, therefore... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/535/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 535 - Public utility | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 535 - Public utility | For the purposes of §§ 525(h) and 527 of this title, all works, projects and property, and their accessories, which the Port Commission may deem necessary and convenient to use in carrying out the purposes expressed in this chapter, are hereby declared of public utility.
History —June 25, 1958, No. 93, p. 202, § 14. |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/536/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 536 - Commonwealth pledge | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 536 - Commonwealth pledge | The Commonwealth Government does hereby pledge to, and agree with, any person, firm or corporation, or any federal, Commonwealth or state agency, subscribing to or acquiring bonds of the Port Commission to finance in whole or in part any undertaking or any part thereof, that it will not limit or restrict the rights or ... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/537/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 537 - Injunctions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 537 - Injunctions | An injunction shall not be granted to prevent the application of this chapter or any part thereof.
History —June 25, 1958, No. 93, p. 202, § 16. |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-31/538/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 31 - Port Commission of Ponce (§§ 521 — 538)›§ 538 - Construction with other laws | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 31 - Port Commission of Ponce (§§ 521 — 538) › § 538 - Construction with other laws | Insofar as the provisions of this chapter are inconsistent with the provisions of any other act of the Legislature of Puerto Rico, the provisions of this chapter shall be controlling and no law heretofore or hereafter enacted to govern the administration of the Commonwealth Government or any parts, offices, bureaus, de... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-32/541/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 32 - Port of Ponce Authority (§§ 541 — 547)›§ 541 - Definitions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 32 - Port of Ponce Authority (§§ 541 — 547) › § 541 - Definitions | For purposes of this chapter, the following words shall have the meaning detailed hereinbelow:
(a) Federal agency.— The United States of America, its President, any of the departments of the Executive Branch of the Government of the United States of America, or any corporation, agency, or instrumentality created or to ... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-32/542/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 32 - Port of Ponce Authority (§§ 541 — 547)›§ 542 - Creation | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 32 - Port of Ponce Authority (§§ 541 — 547) › § 542 - Creation | A corporate entity and body politic is hereby created, separate and independent from the Autonomous Municipality of Ponce, which shall be known as the “Port of Ponce Authority”, to be governed by a Board of Directors chaired by the Mayor of the Autonomous Municipality of Ponce, and which Board shall be composed of thre... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-32/543/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 32 - Port of Ponce Authority (§§ 541 — 547)›§ 543 - Delegation of powers | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 32 - Port of Ponce Authority (§§ 541 — 547) › § 543 - Delegation of powers | All functions, objectives, duties, rights, powers, and prerogatives of the Port of the Americas Authority, created by virtue of §§ 2901 et seq. of this title, are hereby transferred and delegated to the Port of Ponce Authority. The Port of Ponce Authority and its Board of Directors shall have full powers to determine t... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-32/544/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 32 - Port of Ponce Authority (§§ 541 — 547)›§ 544 - Municipal property | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 32 - Port of Ponce Authority (§§ 541 — 547) › § 544 - Municipal property | The Autonomous Municipality of Ponce shall determine which municipal property shall fall under the jurisdiction of the Port of Ponce Authority, and shall authorize and direct the granting and transfer of said property to the Port of Ponce Authority under the terms and conditions set forth by the municipality, taking in... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-32/545/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 32 - Port of Ponce Authority (§§ 541 — 547)›§ 545 - Construction and purchase contracts; exemption from public b... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 32 - Port of Ponce Authority (§§ 541 — 547) › § 545 - Construction and purchase contracts; exemption from public bidding requirements | The Port of Ponce Authority shall create a procedure for the acquisition of goods and services that is flexible and responds to the nature of the industry in which it operates. Therefore, the Authority shall be exempt from any requirement related to requests for bids to adjudicate construction contracts, services, proc... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-32/546/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 32 - Port of Ponce Authority (§§ 541 — 547)›§ 546 - Amendment to the franchise granted by the Executive Council ... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 32 - Port of Ponce Authority (§§ 541 — 547) › § 546 - Amendment to the franchise granted by the Executive Council to the Municipality of Ponce for municipal docks | The franchise previously granted to the Municipality of Ponce by the now-defunct Executive Council to operate port facilities in that municipality is hereby amended, as a matter of law, Provided, however, That the Puerto Rico Public Service Commission, as the successor of the now-defunct Executive Council, recognizes u... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-32/547/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 32 - Port of Ponce Authority (§§ 541 — 547)›§ 547 - Rules for the interpretation of this chapter with respect to... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 32 - Port of Ponce Authority (§§ 541 — 547) › § 547 - Rules for the interpretation of this chapter with respect to other laws | If the provisions of this chapter are inconsistent with the provisions of any other laws enacted by the Legislative Assembly of Puerto Rico, the provisions of this chapter shall prevail, and no other previously or subsequently enacted law regulating the administration of the Central Government or any part, office, bure... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/551/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 551 - Short title | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 551 - Short title | The short title of this chapter shall be the “Mayagüez Port Commission Act”.
History —May 18, 1959, No. 10, p. 46, § 1. |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/552/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 552 - Definitions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 552 - Definitions | The following terms, whenever used or referred to in this chapter, have the following meanings, except where the context clearly indicates otherwise:
(a) Port Commission. — Means the Mayagüez Port Commission created pursuant to § 553 of this title.
(b) Bonds. — Means the bonds, interim bonds, refunding bonds, obligatio... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/553/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 553 - Creation | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 553 - Creation | There is hereby created in the municipality of Mayagüez a public body corporate and politic to be known as the “Mayagüez Port Commission”. This Commission shall not begin operations until the government of the Municipality of Mayagüez so resolves through resolution to that effect, to be approved by the Governor. The sa... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/554/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 554 - Board of Commissioners; general manager; powers | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 554 - Board of Commissioners; general manager; powers | The powers of the Port Commission shall be exercised by a Board of Commissioners consisting of five (5) members. Upon the approval of the resolution, as provided in § 553 of this title, the Mayor shall designate the Board of Commissioners. The first five (5) commissioners appointed shall hold office for terms of one (1... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/555/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 555 - Purpose; powers and duties | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 555 - Purpose; powers and duties | The purpose of the Port Commission shall be to develop, approve, acquire, construct, manage, own, operate and administrate all port businesses, and it shall have and may exercise all such rights and powers as may be necessary or convenient for the carrying out of these purposes, including, but without limitation, the f... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/556/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 556 - Deposit of funds; accounts | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 556 - Deposit of funds; accounts | All funds and other securities of the Port Commission shall be deposited with qualified depositories accepted for funds of the Commonwealth Government but shall be kept in a separate account or accounts in the name of the Port Commission. The Controller or his representative shall from time to time examine the accounts... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/557/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 557 - Purchase of property | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 557 - Purchase of property | Upon application of the Port Commission the Governor or the Secretary of Transportation and Public Works shall have power to purchase, either by agreement or by the exercise of the right of eminent domain or through any other lawful means title in the name and on behalf of the Commonwealth to any property or interest t... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/558/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 558 - Conveyance of municipal property; rights as to streets, ... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 558 - Conveyance of municipal property; rights as to streets, highways | The municipality of Mayagüez and the public instrumentalities of the Commonwealth are, any other provision of law to the contrary notwithstanding, authorized to acquire, grant and convey to the Port Commission, upon its request and with or without consideration, any property, moneys or interest therein (including prope... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/559/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 559 - Contracts | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 559 - Contracts | All purchases and contracts for supplies or services, except for personal services, made by the Port Commission, including contracts for the construction of works of the Port Commission, shall be made after call for bids through publications or proposals by mail sufficiently in advance of the opening of the bids for th... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/560/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 560 - Bonds—Issuance | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 560 - Bonds—Issuance | (a) The Port Commission is hereby authorized to issue, at one time or from time to time, revenue bonds of the Port Commission for the purpose of acquiring or constructing any undertaking. The bonds of each issue shall bear such date, shall mature at such time or times not exceeding forty (40) years from their respectiv... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/561/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 561 - Bonds—Default; receiver | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 561 - Bonds—Default; receiver | (a) In the event that the Port Commission shall default in the payment of the principal of, or interest on, any of its bonds, after the same shall become due, whether it be a default in the payment of principal and interest or of interest only at maturity or upon call for redemption, and such default shall continue for... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/562/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 562 - Actions by bondholders | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 562 - Actions by bondholders | (a) Subject to any contractual limitations binding upon the holders of any issue of bonds, or trustee therefor, including but not limited to the restriction of the exercise of any remedy to a specified proportion or percentage of such holders, any bondholder, or trustee therefor, shall have the right and power, for the... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/563/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 563 - Financial statements; reports | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 563 - Financial statements; reports | The Port Commission shall submit to the mayor and to the Governor, as soon as practicable after the close of each fiscal year, but prior to the end of the calendar year:
(1) A financial statement and complete report of the business of the Port Commission for the preceding fiscal year, and
(2) a complete report on the s... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/564/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 564 - Tax, fee, tariff exemptions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 564 - Tax, fee, tariff exemptions | It is hereby found and declared that the purposes for which the Port Commission is created and shall exercise its powers are the promotion of the general welfare and the development of commerce and prosperity, which are all public purposes for the benefit of the people of the Commonwealth of Puerto Rico, and, therefore... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/565/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 565 - Public utility | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 565 - Public utility | For the purposes of §§ 555(h) and 557 of this title, all works, projects and property, and their accessories, which the Port Commission may deem necessary and convenient to use in carrying out the purposes expressed in this chapter, are hereby declared of public utility.
History —May 18, 1959, No. 10, p. 46, § 14. |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/566/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 566 - Commonwealth pledge | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 566 - Commonwealth pledge | The Commonwealth does hereby pledge to, and agree with, any person, firm or corporation, or any federal, Commonwealth or state agency, subscribing to or acquiring bonds of the Port Commission to finance in whole or in part any undertaking or any part thereof, that it will not limit or restrict the rights or powers here... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/567/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 567 - Injunctions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 567 - Injunctions | An injunction shall not be granted to prevent the application of this chapter or any part thereof.
History —May 18, 1959, No. 10, p. 46, § 16. |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-33/568/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568)›§ 568 - Construction with other laws | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 33 - Port Commission of Mayagüez (§§ 551 — 568) › § 568 - Construction with other laws | Insofar as the provisions of this chapter are inconsistent with the provisions of any other act of the Legislature the provisions of this chapter shall be controlling and no law heretofore or hereafter enacted to govern the administration of the Commonwealth or any parts, offices, bureaus, departments, commissions, dep... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-i/571a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter I - General Application Clause... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter I - General Application Clauses (§§ 571-577a — 571c) › § 571a - Application | This chapter shall apply to all film projects or infrastructure projects that meet the requirements thereof. Nothing provided herein shall prevent the development of a film project or an infrastructure project that does not meet the requirements of this chapter, but in said case, the project and the persons and entitie... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-i/571b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter I - General Application Clause... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter I - General Application Clauses (§§ 571-577a — 571c) › § 571b - Relation to ot... | (a) In case of a discrepancy between a provision of this chapter and one of another statute, this chapter shall prevail.
(b) A film project or infrastructure project may combine the provisions of this chapter with those of any other statute, including, but without it being understood as a limitation, the benefits of §§... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-i/571c/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter I - General Application Clause... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter I - General Application Clauses (§§ 571-577a — 571c) › § 571c - Definitions | When used as proper names, the following words, as used in this chapter, shall have the meaning indicated below:
(a) Code. — Shall mean §§ 8006 et seq. of Title 13, known as the “Puerto Rico Internal Revenue Code of 1994”.
(b) Commissioner. — Shall mean the Executive Director of the Puerto Rico Motion Picture Arts, Sci... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-ii/572/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter II - Administration (§§ 572 — ... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter II - Administration (§§ 572 — 572c) › § 572 - License | (a) To avail itself [of] the provisions of this chapter, it shall be necessary for the film entity to obtain a license from the Commissioner. The film entity shall submit the application for a license to the Commissioner, which shall include the budget and an endorsement of the Moving Picture Corporation to the effect ... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-ii/572a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter II - Administration (§§ 572 — ... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter II - Administration (§§ 572 — 572c) › § 572a - Evaluation criteria | (a) Subject to the special provisions note under § 571 of this title, the Commissioner and the Secretary shall establish, through regulations, the documents, information and guarantees to be provided by a film project or infrastructure project to avail itself [of] the provisions of this chapter. The Commissioner may re... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-ii/572b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter II - Administration (§§ 572 — ... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter II - Administration (§§ 572 — 572c) › § 572b - Fees | Every film entity that obtains a license shall pay a fee equal to one percent (1%) of the estimated payment made to Puerto Rico residents who qualify for the generation of the tax credit, as certified by the accountant, to the Commissioner through the purchase of a voucher in an Internal Revenue Collection Center of th... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-ii/572c/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter II - Administration (§§ 572 — ... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter II - Administration (§§ 572 — 572c) › § 572c - Examinations and reports | (a) The Commissioner shall carry out the examinations deemed necessary with respect to the operations of a film project or infrastructure project. A film entity shall file any reports required by the Commissioner.
(b) The Commissioner shall contract an accountant to determine the moneys in cash contributed to the film ... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-iii/573/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter III - Film Projects (§§ 573 — ... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter III - Film Projects (§§ 573 — 573b) › § 573 - Eligible film projects | A film entity can carry out a film project with the purpose of availing itself of the provisions of this chapter, if it meets the requirements thereof and if said project is devoted to one of the following activities:
(a) Production of feature length motion pictures.
(b) Production of short subjects, which individually... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-iii/573a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter III - Film Projects (§§ 573 — ... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter III - Film Projects (§§ 573 — 573b) › § 573a - Nature, means of production and... | A film project may:
(a) Use as sources real images as well as animation or electronically generated images.
(b) Use for its production any means currently available or that could be developed in the future, among them, without it being limited to: celluloid, tape, disc or paper. The medium may be magnetic, optic, ink o... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-iii/573b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter III - Film Projects (§§ 573 — ... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter III - Film Projects (§§ 573 — 573b) › § 573b - Main photography requirements | In the case of film projects that consist of:
(a) Images generated electronically, it shall be necessary that no less that fifty percent (50%) of the same [be] carried out in Puerto Rico;
(b) hand drawn images, it shall be necessary that no less than fifty percent (50%) of the drawing [be] done in Puerto Rico;
(c) cata... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-iv/574/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter IV - Infrastructure Project (§... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter IV - Infrastructure Project (§ 574) › § 574 - Eligible infrastructure projects | (a) A film entity may carry out an infrastructure project with the purpose of availing itself of the provisions of this chapter if it meets the requirements thereof and if said project entails the initial construction or substantial expansion in Puerto Rico of studios, laboratories, facilities for the international tra... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-v/575/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter V - Tax Credit (§§ 575 — 575e)... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter V - Tax Credit (§§ 575 — 575e) › § 575 - Tax credits—Film projects | (a) A tax credit shall be granted to investors in a film entity engaged in a film project equivalent to forty percent (40%) of those items of the budget paid to residents of Puerto Rico, as certified in writing by the accountant. However, in the case of a film project consisting of the production of a television progra... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-v/575a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter V - Tax Credit (§§ 575 — 575e)... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter V - Tax Credit (§§ 575 — 575e) › § 575a - Availability of tax credit—Film proj... | (a) Fifty percent (50%) of the tax credit provided in § 575 of this title shall be available to the investor in the taxable year in which the accountant certifies to the Commissioner and to the Secretary of the Treasury that forty percent (40%) or more of the Budget to be paid to the residents of Puerto Rico has been d... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-v/575b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter V - Tax Credit (§§ 575 — 575e)... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter V - Tax Credit (§§ 575 — 575e) › § 575b - Tax credits—Infrastructure project | A tax credit shall be granted to investors in an infrastructure project, equal to the lesser amount of the following:
(a) Forty percent (40%) of the amount of the investment in cash paid to the film entity engaged in an infrastructure project, in exchange for primary-issue stock or shares, or
(b) twenty percent (20%) o... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-v/575c/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter V - Tax Credit (§§ 575 — 575e)... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter V - Tax Credit (§§ 575 — 575e) › § 575c - Availability of tax credits—Infrastr... | (a) Fifty percent (50%) of the tax credit provided in § 575b of this title shall be available to the investor in the taxable year in which the accountant certifies to the Secretary that forty percent (40%) of the budget has been disbursed. However, the film entity may advance the date of availability of said portion of... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-v/575d/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter V - Tax Credit (§§ 575 — 575e)... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter V - Tax Credit (§§ 575 — 575e) › § 575d - Maximum credits available and other ... | (a) The maximum tax credits available to be generated under this chapter shall be fifteen million dollars ($15,000,000) per fiscal year. However, in those cases in which the Commissioner and the Secretary of the Treasury evaluate the activities to be carried out by a film entity, and find that they shall contribute sub... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-v/575e/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter V - Tax Credit (§§ 575 — 575e)... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter V - Tax Credit (§§ 575 — 575e) › § 575e - Distribution and use or extension of... | (a) The tax credits may be used by the investor in a film entity, or by his assignee, to pay the income taxes determined under §§ 8401 et seq. of Title 13, exclusively. The credit may be claimed or assigned, totally or partially, when:
(1) The accountant certifies that the corresponding items of the budget have been sp... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-vi/576/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter VI - Tax Treatment (§§ 576 — 5... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter VI - Tax Treatment (§§ 576 — 576a) › § 576 - Taxing of film projects | (a) Types of exemption. — Every film entity shall be subject to the provisions of clauses (1)—(6) of this subsection:
(1) Exemption from the payment of income tax. —
(A) Fixed rates of taxes on net income. — Film entity income directly derived from the exploitation of film projects or infrastructure projects shall be s... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-vi/576a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter VI - Tax Treatment (§§ 576 — 5... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter VI - Tax Treatment (§§ 576 — 576a) › § 576a - Tax base | The tax base of the investment made in a film entity shall be determined pursuant to the provisions of §§ 8006 et seq. of Title 13, except that said base shall be reduced dollar-per-dollar by the amount of the tax credits that the investor is empowered to use or assign, regardless of the time it is claimed or the tax c... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-vii/577/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter VII - Miscellaneous Provisions... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter VII - Miscellaneous Provisions (§§ 577 — 577a) › § 577 - Denial, revocation an... | (a) Denial and reconsideration. — The Commissioner may deny any application for license when he/she determines, in his/her sound discretion and taking into consideration the facts set forth, and in view of the nature and condition of the project, the budget, the number of employees, the amount of the payroll, the total... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34/subchapter-vii/577a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a)›Subchapter VII - Miscellaneous Provisions... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34 - Act for the Development of the Film Industry (§§ 571-577a — 577a) › Subchapter VII - Miscellaneous Provisions (§§ 577 — 577a) › § 577a - Administrative decis... | (a) All decisions or determinations of the Commissioner and the Secretary shall be final and no judicial review shall proceed against these, except when provided otherwise in this chapter.
(b) Every applicant adversely affected or injured by any action of the Commissioner revoking and canceling a license or denying a t... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591 - Definitions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591 - Definitions | For the purposes of this chapter the following words and phrases shall have the meaning and scope expressed below:
(a) Theatrical investor. — Shall mean any natural or juridical person who during the tax year for which he or she claims the deductions, exemptions or benefits provided by this chapter, possesses a current... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591a/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591a - Creation | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591a - Creation | A theater district is hereby created within the area of Santurce in the municipality of San Juan, which shall be rehabilitated and developed according to the provisions of this chapter and, as [a] complement, pursuant to the provisions of §§ 226 et seq. of this title.
History —Aug. 18, 2000, No. 178, § 3. |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591b/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591b - Establishment and geographical boundaries | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591b - Establishment and geographical boundaries | The Santurce theater district shall extend along Avenida Ponce de León, from Calle Bolívar to Calle Ernesto Serra, where the following theater and movie facilities, some currently in use, are located, to wit: Metropolitan, Matienzo, Music Hall, Radio City, El Josco, Centro de Bellas Artes, Escuela Superior Central, Geo... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591c/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591c - Designation | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591c - Designation | The Planning Board shall designate the special zone created by this chapter, according to the Integral Development Plan to be established in coordination with the task force, created below. Said designation shall make possible the concession of the incentives and benefits consigned in §§ 226 et seq. of this title and t... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591d/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591d - Task Force—Creation | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591d - Task Force—Creation | A task force for the development of the Santurce theater district is hereby created, of indefinite duration, which shall be chaired by the Chairperson of the Planning Board and constituted by the Executive Director of the Institute of Puerto Rican Culture, the Administrator of the Regulations and Permits Administration... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591e/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591e - Application of incentives | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591e - Application of incentives | The incentives provided in §§ 226d—226j of this title shall apply in the Santurce theater district to the properties, businesses and industries that meet the specifications of the Santurce theater district zone:
(a) Tax exemption to substantially rehabilitated eligible property or newly built property.
(b) Release from... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591f/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591f - Requirements | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591f - Requirements | To be able to obtain the tax benefits established in this chapter and while enjoying the same, it is required that all natural or juridical persons be up to date in their obligations with the Commonwealth of Puerto Rico and all its dependencies, agencies and instrumentalities and with the municipality of San Juan.
Prov... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591g/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591g - Other provisions | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591g - Other provisions | The Institute of Puerto Rican Culture, the Department of the Treasury, the Municipal Revenues Collection Center, the Development Bank, the Planning Board and any other agency which the Chairperson of the Planning Board believes may be authorized to those effect, are hereby authorized to approve rules and regulations to... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591h/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591h - Tax credit for investing in theatrical businesses | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591h - Tax credit for investing in theatrical businesses | (a) Subject to the provisions of subsection (c) of this section, all investors, including participants in a fund, shall be entitled to a credit for investing in theatrical businesses for a limit of up to five million dollars ($5,000,000) per fiscal year and of two million dollars ($2,000,000) per fiscal year for the re... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591i/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591i - Certification | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591i - Certification | The Chairperson of the Planning Board, in consultation with the Executive Director of the Institute of Puerto Rican Culture and the Secretary of the Treasury, shall issue a certification indicating that the theatrical investor is engaged in the exploitation of a theatrical business. The Secretary of the Treasury shall ... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591j/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591j - Evaluation | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591j - Evaluation | The Task Force, as constituted in § 591d of this title, shall render a report to the Legislature three (3) years after the tax exemptions, the tax credits and other benefits provided in this chapter have been in effect.
Said report shall contain a detailed analysis of the effect which the designation as theater distric... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34a/591k/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34A - Santurce Theater District (§§ 591 — 591k)›§ 591k - Time to apply for incentives, deductions, credits, and ... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34A - Santurce Theater District (§§ 591 — 591k) › § 591k - Time to apply for incentives, deductions, credits, and other benefits | No applications shall be accepted and no incentives, credits, deductions, or any other benefits granted by virtue of §§ 591e and 591h of this title be awarded for taxable years beginning after December 31 st, 2012.
History —Aug. 18, 2000, No. 178, added as § 14 on Nov. 17, 2015, No. 187, § 64. |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34b/subchapter-i/592/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34B - Puerto Rico Motion Picture Arts, Sciences and Industry Development Corporation Act (§§ 592 — 599a)›Subchap... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34B - Puerto Rico Motion Picture Arts, Sciences and Industry Development Corporation Act (§§ 592 — 599a) › Subchapter I - General Provisions (§ 592) › § 592 - Def... | The following words and terms shall have the meaning set forth below, except when from the text of this part it is clear that it has another meaning:
(a) Legislature.— Means the House of Representatives and the Senate of Puerto Rico, acting jointly or separately.
(b) Governor.— Means the Governor of the Commonwealth of... |
https://law.justia.com/codes/puerto-rico/title-twenty-three/part-ii/chapter-34b/subchapter-ii/593/ | PR | Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273)›PART II - Economic Development (§§ 231-241 — 695i)›Chapter 34B - Puerto Rico Motion Picture Arts, Sciences and Industry Development Corporation Act (§§ 592 — 599a)›Subchap... | 2023 Laws of Puerto Rico › TITLE TWENTY-THREE - Public Planning and Development (§§ 1 — 11273) › PART II - Economic Development (§§ 231-241 — 695i) › Chapter 34B - Puerto Rico Motion Picture Arts, Sciences and Industry Development Corporation Act (§§ 592 — 599a) › Subchapter II - Creation of the Corporation; General Du... | The Puerto Rico Motion Picture Arts, Sciences and Industry Development Corporation is hereby created. Said corporation shall have perpetual existence, independent juridical standing, and shall be attached to the Department of Economic Development and Commerce. It shall likewise have the capability of suing and being su... |
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