CofC backs federal bill to reboot island’s pharma manufacturing sector
May 16, 2025
Chamber endorses MMEDS Act to drive investment, job creation and supply chain security. #NewsismyBusiness
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Puerto Rico revisits short-term rental regulation with new Senate bill
April 14, 2025
Senate Bill 238 aims to amend the Room Occupancy Tax Act (Act 272-2003). #NewsismyBusiness
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Senator files legislative package to tackle climate change in Puerto Rico
April 8, 2025
Legislative bills include proposal for recycled tire paving and demands answers on the cost of failing to address the climate crisis. #NewsismyBusiness
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Puerto Rico legislator proposes bill to enhance telemedicine services
March 18, 2025
The proposed bill seeks to make telemedicine a mandatory component of basic health insurance coverage. #NewsismyBusiness
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Senate bill, tech consulting firm tackle AI regulations for Puerto Rico
March 10, 2025
Puerto Rico needs to pay more attention to the need for public policy that regulates that technology. #NewsismyBusiness
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Paradores ask senators to reject short-term rental House Bill 1557
June 13, 2024
The group said the bill should be withdrawn or rejected so that it may be “responsibly reworked” during the next legislative session in 2025. #NewsismyBusiness
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PRHTA ‘disappointed’ with changes to short-term rental regulation bill
June 11, 2024
The PRHTA demands regulation of STRs in line with the sector’s realities. #NewsismyBusiness
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Real estate execs call on House Speaker to discuss Bill 1416
December 9, 2022
The group is against new requirements proposed in the piece of legislation.
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Op-Ed: Why President Biden’s bipartisan infrastructure bill falls short
August 5, 2021
After months of trying and deep negotiations, the US Senate negotiating committee unveiled the long-awaited $1.2 trillion bipartisan infrastructure bill Sunday night. The expectation is for the Senate to pass the bill by the end of this week. Senate Majority Leader Charles Schumer (D-NY) introduced the package for consideration, and in all likelihood, lawmakers will […]
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Congressmen re-introduce tax credit bill that would benefit US territories
July 28, 2021
US Sen. Bob Menendez (D-N.J.), a senior member of the Senate Finance Committee, and Roger Wicker (R-Miss.) reintroduced the Territory Economic Development Tax Credit Act (TEDTCA), which would create a tax credit for wages and tangible investments made by US-based businesses in US territories. This bill will support job creation and help strengthen the US […]
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Congressional bill promotes turning Puerto Rico into manufacturing hub
August 7, 2020
Puerto Rico’s Resident Commissioner in Washington Jenniffer González and Florida Sen. Marco Rubio introduced H.R. 7577, a bill that would help boost Puerto Rico’s economy and position the island as a “hub,” or national production center, of medical equipment and drugs. This bicameral initiative encourages companies that are currently producing pharmaceuticals and medical devices abroad, […]
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Velázquez introduces bill to expand economic opportunity in P.R.
June 21, 2019
U.S. House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) has introduced H.R. 3372, the Small Business Contracting Credit Act of 2019, a bill to incentivize contracting opportunities for small businesses in Puerto Rico. Velázquez’s bill would increase economic opportunity by spurring investment in local businesses and projects. The bill is cosponsored by Congressman Gilbert […]
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P.R. business, community leaders support transparency legislation
May 23, 2019
A number of civic and professional organizations that met during the 10th Annual Puerto Rican Summit held in Orlando, Florida May 17th, 2019 agreed to endorse U.S. House of Representatives Resolution 683, the Puerto Rico Recovery Accuracy Disclosures Act of 2019 that establishes conflict of interest disclosure provisions. Representatives of the Puerto Rican Chamber of […]
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Senate approves creation of sales tax-free zones in San Juan
May 7, 2019
The Puerto Rico Senate approved Senate Bill 1263 that would establish the “Sales and Use tax-free zones in the capital city of San Juan,” authored by Sen. Miguel Romero. The measure seeks to authorize the municipality to designate areas where, for a minimum initial term of three years to a maximum initial term of five […]
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IEEFA: P.R. energy bill is ‘limp gesture’ toward true reform
October 29, 2018
The proposal is consistent with the Puerto Rico Electric Power Authority’s fiscal plan, which reduces the fossil fuel budget by $400 million to $500 million per year to bring the utility out of bankruptcy.
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