P.R. Laws tit. 21, § 5815a

2019-02-20 00:00:00+00
§ 5815a. Funds—Municipal Public Works

The Municipal Public Works Fund is hereby created to be nourished by two percent (2%) of the revenues obtained from the fines collected for violations of §§ 5001 et seq. of Title 9, as now or subsequently amended. The resources of said fund shall be used to create new capital works and make improvements to existing works in the various municipal jurisdictions. Provided, That when this act takes effect, the municipalities may choose to use the portion of the aforementioned funds corresponding to each, to increase their current revenues, and if possible, to create their borrowing capability so as to carry out capital improvements. At the end of each fiscal year the Secretary shall transfer the totality of the funds obtained to the Center to be equally distributed, pursuant to the procedure established in § 5817 of this title.

History —Aug. 30, 1991, No. 80, added as § 16-A on June 14, 2004, No. 147, § 2.