P.R. Laws tit. 3, § 282

2019-02-20 00:00:00+00
§ 282. Advances for programs financed with federal contributions; regulations

(a) The Secretary of the Treasury of Puerto Rico is hereby authorized to advance and place at the disposal of the departments and dependencies of the Commonwealth of Puerto Rico, from any available funds in the Commonwealth Treasury not otherwise appropriated, as the latter may request, the necessary sums of money to facilitate the carrying out of the programs which are financed with federal contributions.

(b) The departments and dependencies of the Commonwealth of Puerto Rico shall furnish to the Secretary of the Treasury with each request for funds the necessary evidence showing that the advances to be requested under this section are secured by existing federal appropriations.

(c) All advance payments made in accordance with the provisions of this section shall be reimbursed to the General Fund of the Treasury of Puerto Rico as soon as the corresponding federal funds are received. For such purposes the departments and dependencies shall, without delay, file the necessary documents required by the federal government so that the corresponding reimbursements shall be deposited, as soon as possible, in the Commonwealth Treasury.

(d) The Secretary of the Treasury shall promulgate the regulations and proceedings as he may consider necessary to secure the prompt reimbursement of the advances authorized by this section.

History —June 1, 1971, No. 21, p. 40, §§ 1—4.