Governor submits bill to create fiscal supervisory board
October 16, 2015
Gov. Alejandro García-Padilla submitted late Thursday to the legislature the bill that will give way to the creation of a five-member fiscal oversight board that among other things, will be responsible for enforcing compliance with approved budgets.
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U.S. Senators submit companion Ch.9 inclusion bill
July 16, 2015
U.S. Senators Richard Blumenthal (D-Conn.) and Charles E. Schumer (D-N.Y.) announced The Puerto Rico Chapter 9 Uniformity Act, legislation they have co-authored and introduced to address the growing fiscal crisis in Puerto Rico by granting Puerto Rico the authority to allow its municipalities and public utilities to readjust their debts under the supervision of a bankruptcy court.
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Momentum builds for and against Ch. 9 inclusion bill
April 23, 2015
U.S. Congress is still “weighing the merits” of H.R. 870, known as the Puerto Rico Chapter 9 Uniformity Act, as momentum builds from outside groups for and against the measure that would authorize the island’s government to restructure its fiscal obligations under Chapter 9 of the U.S. bankruptcy code.
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Senate quashes ‘anti-Uber’ bill, sends it back for review
March 3, 2015
A bill that seeks to establish public policy and regulate the operation of mobile application-based transportation network companies, such as San Francisco’s Uber, was struck down Monday on the Senate floor in a 13-11 vote.
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Senate to vote on ‘anti-Uber’ bill that skipped hearings
March 2, 2015
The Puerto Rico Senate will put to a vote today Bill 1209, which seeks to establish public policy and regulate the operation of mobile application-based transportation network companies, or TNCs such as San Francisco’s Uber, in Puerto Rico.
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Puerto Rico’s bid for Ch. 9 inclusion heard in Congress
February 27, 2015
The U.S. House Judiciary Committee’s Subcommittee on Regulatory Reform, Commercial and Antitrust Law held a hearing Thursday on H.R. 870, known as the “Puerto Rico Chapter 9 Uniformity Act of 2015,” which drew a bi-partisan delegation from the island to express support for inclusion.
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Gov. signs bill to spur development of creative industries
October 15, 2014
Puerto Rico Gov. Alejandro García-Padilla signed Tuesday Senate Bill 655, which establishes public policy for promoting and giving stimulus to creative industries, conceives the Creative Industries Advisory Board and assigns $1 million to Puerto Rico Trade and Export to oversee those tasks.
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Lawmakers spare Meet Puerto Rico, kill bill to end funds
June 26, 2014
Senate Bill 1160, which proposed eliminating $4.5 million a year in public funding to conventions and groups coordinator Meet Puerto Rico, was drawn from the Senate session late Tuesday night, the entity’s leadership said Wednesday.
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Tourism on alert over bill that would kill Meet Puerto Rico
June 25, 2014
The tourism sector raised a red flag Tuesday over the filing of a Senate Bill late last week that would effectively kill Meet Puerto Rico, the island’s convention and groups coordinator responsible for generating more than $110 million a year for the local economy.
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Telecom execs: PUC is ‘not viable option’ for island
March 26, 2014
Last Thursday, the Puerto Rico senate approved a substitute bill that consolidated several of the measures that had made the leaders of the telecommunications industry unanimously oppose any possible changes to Law 213, known as the Telecommunications Law.
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Puerto Rico’s “Lemon Law” still under evaluation
December 27, 2013
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.
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Treasury, GDB looking to broaden COFINA’s capacity
September 26, 2013
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.
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Senate bill goes after illicit paid TV decoder suppliers
August 26, 2013
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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Stateside retail group warns Puerto Rico lawmakers on ‘Super Patente’ effects
June 20, 2013
In a letter sent Wednesday to Puerto Rico lawmakers, Virginia-based trade group Retail Industry Leaders Association members warned that a proposed gross receipts tax amendment would have “devastating effects” for retailers doing business on the island.
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Senators file bill to promote ‘creative industries’
June 12, 2013
Senators Ramón Luis Nieves and José Nadal-Power announced Tuesday the filing of Bill 655 to promote "creative industries" in Puerto Rico, as a means of creating jobs and wealth.
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