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2024 Laws of Puerto Rico
TITLE THREE - Executive (§§ 1 — 9311)
Chapter 21 - Emergency Agencies (§§ 451 — 492)
§ 458 - Emergency Fund—Unencumbered surplus

Universal Citation:
3 L of PR § 458
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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Beginning with Fiscal Year 1995-96, the Emergency Fund shall be capitalized annually by an amount not less that one-fifth (0.20) of one percent of the total of the Joint Resolution for the Budget. Beginning Fiscal Year 1998-99, said contribution shall be not less than one percent of the total net rents for the previous fiscal year. The Governor of Puerto Rico and the Director of the Management and Budget Office, by delegation of the latter, may order the income from any income source into the Fund for an amount greater than the amount set forth herein, when so deemed convenient. The balance of said Emergency Fund shall never exceed one hundred fifty (150) million dollars, whichever is greater [sic].

History —June 21, 1966, No. 91, p. 304, § 2; Aug. 18, 1994, No. 89, p. 5, § 4; Aug. 20, 1997, No. 93, § 2; Aug. 28, 2003, No. 222, § 1.

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