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5009 — Puerto Rico Law | CourtGPT
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  3. Puerto Rico/
  4. Title Twenty-one - Municipalities (§§ 1-4 — 6756)/
  5. Subtitle 7 - Municipal Property Tax/
  6. Part I - /
  7. Chapter 241/
  8. 5009
Puerto Rico Legal Code

5009

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An amount equal to the uncollected tax on residences whose exoneration had been requested by January 1, 1992, as provided by this part, resulting from the tax exoneration provided by § 5002 of this title, plus the equivalent of the amount of twenty hundredths of one percent (2 hundredths of 1 percent (0.02%) on property tax for fiscal years 2009-2010, 2010-2011, and 2011-2012 in connection with real property taxes), for which the municipalities are compensated by § 746 of this title, is hereby appropriated to the Collection Center from available funds in the Puerto Rico Commonwealth Treasury for [Fiscal Year] 1992-93, and for each subsequent fiscal year, for deposit in the Government Development Bank for Puerto Rico as trustee, pursuant to the provisions of § 5004 of this title.\nHistory —Aug. 30, 1991, No. 83, § 2.09; Mar. 9, 2009, No. 7, § 57; July 10, 2009, No. 37, § 27.