A House Bill that could pave the way for the creation and implementation of a “Lemon Law” for Puerto Rico is under evaluation, six months after public hearings for the measure that would help protect consumers from defective vehicles were held in early June, this media outlet has learned.
The government’s economic team, headed by Puerto Rico Treasury Secretary Melba Acosta and Government Development Bank Interim President José Pagán confirmed the introduction of a bill to expand the Sales Tax Fund Financing Corporation's (COFINA, by its Spanish acronym) capacity to issue bonds and facilitate the execution of a more cost-effective financing for the Commonwealth.
The Senate Judiciary Committee has scheduled a hearing this week to analyze Bill 410, which proposes to ban the sale, installation, tampering, and alteration of equipment for satellite, cable television, and similar paid television services, punishing such activities with a fine, jail time or both.
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