P.R. Laws tit. 21, § 5189
A sum equal to the basic uncollected tax as a result of the tax exemption provided by § 5185 of this title, which had been levied by the municipalities as of the date of approval of this act, up to a maximum of two percent (2%), plus the equivalent of twenty hundredths of one percent (2 0 / 1 0 0 %) for which the municipalities are reimbursed under § 746 of this title, is hereby appropriated to the “Special fund for the Amortization and Redemption of General Obligations Evidenced by Bonds and Notes” created by the special tax established by § 5002 of this title, to be covered into the funds in trust with the Government Development Bank, as provided in subsection (c) of § 5803 of this title, chargeable to the Collection Center funds, starting from the date in which the Center receives the transfers established in subsection (f) of § 2.3 of its organic act, and each subsequent year, as long as §§ 5185–5192 of this title are in effect. From July 1, 1991, up to the date on which the Collection Center receives the transfers referred to above, the Secretary of the Treasury shall make the corresponding appropriation. Likewise a sum equal to those taxes uncollected as a result of said exemption granted prior to July 1, 1991 shall be appropriated from any available funds in the Commonwealth Treasury. The Secretary of the Treasury shall remit said funds to the Government Development Bank as soon as the same are appropriated.
The funds provided herein shall be applied by the Government Development Bank for the payment of principal and interest on general obligations of the Government of the Commonwealth of Puerto Rico.
History —Aug. 30, 1991, No. 83, § 5.39, renumbered as § 5.40 and amended on Aug. 6, 1992, No. 45, §§ 4, 8.