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154 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirteen - Taxation and Finance (§§ 1 — 33423)/
  5. Subtitle 1 - Governmental Finances/
  6. Chapter 12 - Puerto Rican Economic Stimulus Plan Act § 142 - Creation and Purpose/
  7. 154
Puerto Rico Legal Code

154

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The Governor may, through an Executive Order, increase or decrease, the amount of funds from the Puerto Rico Economic. Stimulus Fund to be appropriated to each of the programs or initiatives authorized by virtue of this chapter, except for sums appropriated under §§ 150, 151, 153 and 142nt of this title, which may not be altered save to the extent provided under such sections. Such an increase or decrease shall only be made when necessary to maximize the economic stimulus objectives pursued by this chapter. The Executive Order issued by the Governor shall set forth the grounds for such an increase or decrease. In the event that the sums appropriated under this chapter are not used in their entirety, with the exception of §§ 153 and 142nt of this title, for the purposes established therein, as certified by the Government Development Bank, the agency in charge of the program or project, the Governor may, through an Executive Order, apply any surplus to carry out any other infrastructure projects, Government works or nonprofit institutions capital works. History —Mar. 9, 2009, No. 9, § 15; Aug. 4, 2009, No. 55, § 2; Nov. 19, 2009, No. 144, § 2.