To add a new Article 115 and renumber the current Articles 115 and 116 as Articles 116 and 117 respectively, of Act No. 187-2015, as amended, known as the “Interagency Validation Portal Act for the Granting of Incentives for Economic Development of Puerto Rico”, in order to postpone the effectiveness of the Act and to relieve any agency, agency or instrument of the Government of Puerto Rico, municipality or public corporation, that is considered an Issuing-Certifying Agency or Receiving-Granting Agency, of comply with Articles 6 to 10 and Articles 14 to 112 of the Act in everything related to Certification of Compliance, retroactively from November 17, 2015 to January 1, 2018; to provide that any Issuing-Certifying Agency or Receiving-Granting Agency must continue to accept, receive, process, process and evaluate requests for incentives or tax benefits to

To amend Articles 3, 10, 12 and 13 of Law No. 20-2012, as amended, known as the “Act to Encourage the Export of Services” in order to include medical tourism services and telemedicine facilities as part of the services eligible under the Act; to eliminate bureaucratic restrictions and requirements that limit the granting of tax incentives to applicants for these, in order to promote greater participation of those who wish to invest to export their services outside the Island, in order to promote economic development of Puerto Rico; and for other related purposes.

To create the “Department of Economic Development and Trade Reorganization Plan Implementation Act of 2018”; amend Articles 4, 5, repeal Articles 6, 7, 11 and 12, renumber Article 8 as 6, renumber Articles 13, 14, 15, 16, 17, 18, 19, 20, 21 and 22 as Articles 7, 8, 9, 10, 11, 12, 13, 14, 15, 16 and 17 of the Department of Economic Development and Trade Reorganization Plan 4-1994; amend Article 5 of Act 5 of Act 4 M. 22 of July 24, 1985, as amended, known as the “Economic Development Bank Act for Puerto Rico”; amend Article 4 of Law 103- 2007, as amended, known as the “Puerto Rican Institute for Mutual Assistance with Democratic Cuba Act”...