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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U.S. lawmaker fights to extend SBA loans for María, Irma, Harvey survivors
September 19, 2018
Velázquez has introduced the “Access to Sufficient Capital for Everyone in Natural Disaster Areas Act of 2018,” (ASCEND Act) a bill that would extend SBA disaster loan applications for an additional year.
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