Taxes
Status changes in selected legislative measures reported from November 18, 2016 to November 23, 2016

PS 896

Payment of excises - Municipal functions and activities - Municipal Income - Municipal License Taxes - Businesses

Status:	in Rules and Calendar
Introduced on:	27-Jan-2014
Author(s):	S. Fas Alzamora

Amends the Autonomous Municipalities Act. Confers upon the municipalities the authority to intervene with businesses that owe municipal taxes or municipal sales and use tax (IVU, Spanish acronym), or have obtained a payment plan and are not complying with the same, and establishes the procedure for tax execution that shall be observed in such cases.

Recent Actions:

18-Nov-2016			Negative report filed by the Senate Committee on Municipal Autonomy, Decentralization and Regionalization.
18-Nov-2016			Referred to the Senate Rules, Calendar and Internal Affairs Comittee.
18-Nov-2016			Shelved due to negative report.

PS 969

Hotel rooms - Lodging

Status:	in Rules and Calendar
Introduced on:	27-Feb-2014
Author(s):	S. Rodríguez Valle

Amends the Room Occupancy Rate Tax Act. Establishes a proportional contribution of revenues to be used for the development of the Porta del Sol - Puerto Rico Tourist Destination.

Recent Actions:

18-Nov-2016			Second report filed by the Senate Committee on Tourism, Culture, Recreation, Sports and Globalization with amendments.
21-Nov-2016			Referred to the Senate Rules, Calendar and Internal Affairs Comittee.

PS 1120

Racing prizes - Betting prizes - Horse racing - Horse Racing Administration

Status:	in Rules and Calendar
Introduced on:	12-May-2014
Author(s):	S. Dalmau Santiago

Creates the Organic Act of the Horse Racing Commission. Provides that the Horse Racing Commission shall assume the responsibilities of the Horse Racing Industry and Sport Administration, except for the Vocational Horse Racing School. Provides that unclaimed prizes shall be assigned to horse racing education. Establishes the powers and responsibilities of Horse Racing Commissioners and of the Horse Racing Director. Repeals the Horse Racing Industry and Sport Act.

Recent Actions:

18-Nov-2016			Negative report filed by the Senate Committee on Tourism, Culture, Recreation, Sports and Globalization.
18-Nov-2016			Referred to the Senate Rules, Calendar and Internal Affairs Comittee.
18-Nov-2016			Shelved due to negative report.

PS 1244

Private housing - Rentals business/rental of dwellings - Real and personal property - Exemptions

Status:	in Rules and Calendar
Introduced on:	16-Oct-2014
Author(s):	S. Suárez Cáceres

Amends the Municipal Property Tax Act. Provides that the existing exemption on property that is leased by reason of a move for job relocation shall not be lost.

Recent Actions:

18-Nov-2016			Negative report filed by the Senate Committee on Municipal Autonomy, Decentralization and Regionalization.
18-Nov-2016			Referred to the Senate Rules, Calendar and Internal Affairs Comittee.
18-Nov-2016			Shelved due to negative report.

PS 1490

Industrial incentives and taxes - Municipal Development

Status:	in Rules and Calendar
Introduced on:	8-Oct-2015
Author(s):	S. Dalmau Santiago

Amends the Urban Centers Revitalization Act. Readjusts the requirements to ease the revitalization of urban centers.

Recent Actions:

18-Nov-2016			Negative report filed by the Senate Committee on Municipal Autonomy, Decentralization and Regionalization.
18-Nov-2016			Referred to the Senate Rules, Calendar and Internal Affairs Comittee.
18-Nov-2016			Shelved due to negative report.

PS 1541

Real and personal property - Assessment - Expropriation

Status:	in Rules and Calendar
Introduced on:	28-Jan-2016
Author(s):	S. Pérez Rosa

Amends the Condemnation of Private Property Act. Provides that in any proceedings brought or to be brought by the municipality for the expropriation or acquisition of property for public use 10% of the appraisal value of the property to be expropriated shall be consigned to the Court.

Recent Actions:

18-Nov-2016			Negative report filed by the Senate Committee on Municipal Autonomy, Decentralization and Regionalization.
18-Nov-2016			Referred to the Senate Rules, Calendar and Internal Affairs Comittee.
18-Nov-2016			Shelved due to negative report.

PC 2981

(F274: PS 1694)

Industrial incentives and taxes - Job opportunities

Status:	in Rules and Calendar
Introduced on:	8-Jun-2016
Author(s):	. Miembros del PPD - Cámara

Amends the Interagency Validation Portal for the Granting of Incentives for Economic Development Act. Makes technical amendments to allow the orderly and efficient implementation of the Law and extends the term of effectiveness of the compliance certificates to two years.

Recent Actions:

21-Nov-2016

Included on the Senate Special Orders Calendar.

RCS 691

Tax debt - Payment of taxes - Penalties and surcharges - Fees payable to the Department of State - Municipal License Taxes - Real and personal property - Taxes - State Department - Treasury Department - CRIM: Municipal Income Collection Centr

Status:	in Rules and Calendar
Introduced on:	14-Mar-2016
Author(s):	S. Tirado Rivera

Decrees a general 30-day amnesty for the payment in full of the amount owed for Municipal Licenses, Corporate Reports, Income Tax Returns and Real Property Returns without interest, penalties or surcharges accrued as of March 1, 2015, and authorizes the elimination of debts from the books of the Department of the Treasury, the Department of State and of the Municipal Revenues Collection Center (CRIM, Spanish acronym).

Recent Actions:

18-Nov-2016			Negative report filed by the Senate Committee on Municipal Autonomy, Decentralization and Regionalization.
18-Nov-2016			Referred to the Senate Rules, Calendar and Internal Affairs Comittee.
18-Nov-2016			Shelved due to negative report.

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