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5200 — 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 247 - Exemptions From Property Taxes § 5188a - Retailers with Sales Under $150,000—compensation to Municipalities/
  8. 5200
Puerto Rico Legal Code

5200

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The Secretary of the Treasury is hereby authorized to compensate the municipalities for the total taxes not collected by virtue of §§ 5192–5200 of this title, chargeable to the General Fund of the Commonwealth Treasury. Commencing with Fiscal Year 1992-93 and for subsequent years, the amount to be transferred to the Collection Center shall not exceed the total transferred in Fiscal Year 1991-92.\nHistory —Aug. 30, 1991, No. 83, § 5.50, renumbered as § 5.51 and amended on Aug. 6, 1992, No. 45, §§ 5, 8.