Date: May 20, 2014

To amend Section 1031.02 of Act 1? 2011, as amended, known as the “Internal Revenue Code for a New Puerto Rico” for the purpose of establishing an income tax exemption for young people aged sixteen (16) to twenty-six (26) on the first forty thousand dollars of gross income generated by services provided; to establish a total exemption from income tax, municipal patent and contribution on movable property to New Businesses established by young people aged sixteen (16) to twenty-six (26) over the first five hundred thousand dollars of gross income generated during the first three (3) years of operation; order the Economic Development Bank for Puerto Rico to create a business financing program for young entrepreneurs and entrepreneurs that allows the refinancing of study loans related to the capacity, specialty and skills required for the establishment or operation of the business;...

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.

Date: August 21, 2012

To order the Committee on Economic Development and Planning of the Senate of Puerto Rico to carry out a thorough study on the effectiveness of the Puerto Rico Institute of Statistics, originated by Act No. 209? 2003, as amended, known as the “Puerto Rico Institute of Statistics Act”, relating to the collection, analysis and dissemination of statistics from government agencies.