P.R. Laws tit. 34, § 1724c
The Special Forfeiture Fund 240 is hereby established in the Books of the Department of the Treasury, as created by virtue of Act No. 93 of July 13, 1988, as amended, without a fiscal year limitation, to be administered by the Forfeiture Board, and all proceeds from the sale or transfer of forfeited property, as well as federal funds received pursuant to this chapter, shall be covered into said Fund.
The Board shall use the resources of this Special Fund for the purposes and objectives authorized herein. Subject to the applicable conditions and restrictions, the Board may also use the resources of the Special Fund for the following purposes:
(a) The payment of necessary and incidental expenses to protect, maintain, and sell forfeited property transferred thereto.
(b) The payment of awards of compensation to any person who furnished information to law enforcement authorities that leads to solving and further any civil or criminal action up to the limits set forth by law.
(c) The payment of supplementary expenses as necessary or incidental to carry out law enforcement duties.
(d) The payment of expenses related to the protection, assistance, and compensation of victims and witnesses up to the limits set forth by law or regulations.
Resources covered into this Special Fund shall be accounted for in the books of the Secretary of Treasury, separate from any funds from other sources received by the Department of Justice, in order to facilitate the identification and use thereof.
At the end of each fiscal year, three percent (3%) of the Board’s net income shall be transferred to the Secretary of the Treasury, and fifty percent (50%) shall be transferred to the Puerto Rico Police, after deducting the value of the property claimed by and transferred to the agency by virtue of the provisions of this chapter, as well as any necessary and incidental expenses related to the protection, maintenance, disposition, and sale of the forfeited property, or to the destruction of any damaged or deteriorated property.
The balance in the Special Fund that, as of June 30th of each year, is not used for the purposes established in this section shall be transferred in equal portions to the Puerto Rico Police.
History —July 12, 2011, No. 119, § 6; Sept. 15, 2012, No. 252, § 1.