14a

The Government Development Bank for Puerto Rico is hereby authorized to establish a fund under its control and custody, to be called the 'Puerto Rico Economic Stimulus Fund', and be funded with the proceeds of the bond issues or other financing mechanisms employed and assigned by COFINA. The funds deposited into the Puerto Rico Economic Stimulus Fund may only be used for the following purposes: taxpayer relief, boosting businesses and trades, training programs, assistance for displaced employees, and any other purposes as provided through legislation. The Puerto Rico Economic Stimulus Fund, also known as the 'Stabilization Fund', may also be funded with the proceeds of the bond issues or other financing mechanisms used by COFINA, from any other funds deposited therein; and all funds deposited therein, may be used for the purposes listed in this section and in §11a of this title. History —May 13, 2006, No. 91, added as § 6 on Jan. 14, 2009, No. 1, § 5; July 2, 2012, No. 133, § 2.