To order the Committee on Social and Economic Revitalization of the Senate of Puerto Rico to carry out a thorough and comprehensive study, including, an inventory of the tax incentive decrees granted in Puerto Rico, and which are in force, under Act 135-1997, Tax Incentives Act of 1998, Act 73-2008, as amended, Act on Economic Incentives for the Development of Puerto Rico, Act 83-2010, Law on Green Energy Incentives of Puerto Rico, Act 20-2012, Incentives for Export Businesses Services in Puerto Rico, Law 22-2012, New Resident Investor Act, Act 187-2015, the Interagency Validation Portal Act for Granting Incentives for Economic Development in Puerto Rico, and other existing laws that are intended to provide tax incentives, in order to measure their impact on the economy of Puerto Rico compared to their fiscal impact on the coffers of the Government of Puerto Rico.
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” (PIVCIDE).
Date: October 5, 2009
To amend Articles 3, 5, 8 and 16 of Law No. 10 of June 18, 1970, as amended, known as the “Puerto Rico Tourism Company Act”, for the purpose of changing the structure and composition of the Board of Directors of the Tourism Company, allowing the Tourism Company to require its hostels endorsements [sic] to provide necessary statistical information and to regulate, investigate, intervene and impose fines in all activities related to nautical tourism, to make the promotion of training more flexible our citizens through hotel and tourism schools at a vocational and/or specialized level, to make public viewing processes more flexible in regulatory processes, to re-list their items correctly, to clarify provisions; and for other purposes.
To amend Article 3 of Law 209-2003, as amended, known as the “Puerto Rico Statistics Institute Act” to provide that the Office of the Comptroller extends the term of audits of the accounts and operations of the Puerto Rico Statistics Institute to three (3) years; and for other related purposes.

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