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Financial Oversight and Management Board for Puerto Rico (FOMBPR), colloquially known as La Junta de Control/Supervisión Fiscal is a government entity whose role to revise and approve the budget and obligations of the government of Puerto Rico was created by federal law PROMESA.
Act 22 of 2012 —also known as the Act to Promote the Relocation of Investors to Puerto Rico (Spanish: Ley para Incentivar el Traslado de Inversionistas a Puerto Rico)— is an act enacted by the 16th Legislative Assembly of Puerto Rico that exempts local taxes on certain passive income generated by individuals that reside in Puerto Rico.
The comptroller of Puerto Rico is a constitutionally-created office charged with carrying out post-audits of the use of public funds in Puerto Rico. [1] The comptroller is appointed by the Governor of Puerto Rico and requires the advice and consent of both the Senate of Puerto Rico as well as the Puerto Rico House of Representatives for a term of office of ten years and until a successor is ...
2012 Budget of the Government of Puerto Rico. The Budget of the Government of Puerto Rico (Spanish: Presupuesto del Gobierno de Puerto Rico) is the proposal by the Governor of Puerto Rico to the Legislative Assembly which recommends funding levels for the next fiscal year, beginning on July 1 and ending on June 30 of the following year.
The Puerto Rico Public Finance Corporation (PFC) —Spanish: Corporación para el Financiamiento Público de Puerto Rico (CFP)— is the government-owned corporation that issues bonds to finance the different agencies of the executive branch of the government of Puerto Rico. [1]
1917–1922: José E. Benedicto 1922–1923: Ramón Aboy 1923–1924: J.W. Bonner 1924–1929: Juan G. Gallardo 1930–1935: Manuel V. Domenech 1935–1940: Rafael Sancho Bonet
This is a list of Puerto Rico locations by per capita income. In 2017, Puerto Rico had a per capita income of $12,081 — lower than any state and one of the lowest in the United States. [ 1 ] In 2017, Puerto Rico had a median household income of $19,775 — the lowest of any state or territory in the United States.
The Puerto Rico Energy Bureau later approved yet another rate increase on December 30, 2021. LUMA Energy had initially proposed a rate increase of 4.05 cents (18.4%), [66] but the rate increase that was authorized by the Puerto Rico Energy Bureau was of 3.67 cents (16.8%) higher than the prior rate.