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598b — Puerto Rico Law | CourtGPT
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  4. Title Twenty-three - Public Planning and Development (§§ 1 — 11273)/
  5. Part II - Economic Development/
  6. Chapter 34b - Puerto Rico Motion Picture Arts, Sciences and Industry Development Corporation Act Sub/
  7. Subchapter VII - Special Fund § 598 - Creation/
  8. 598b
Puerto Rico Legal Code

598b

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The fund shall be nourished from the following financial appropriations:(a) The annual appropriations made by the Legislature through joint resolutions or donations specifically for the fund for the development and financing of all activities related to the production of feature films.(b) Donations from companies, groups, non profit institutions, partnerships and corporate entities from the private sector, from private citizens, as well as from federal, state and municipal government entities.(c) The interest generated on account of the investments chargeable to the moneys of the fund.(d) Fifty percent (50%) of the proceeds from taxes collected on public shows pursuant to the provisions of § 9084 of Title 13, known as 'Puerto Rico Internal Revenue Code of 1994'.(e) [Repealed. Act Aug. 28, 2002, No. 205, § 3, eff. Aug. 28, 2002.] History —Aug. 17, 2001, No. 121, § 7.03; Aug. 28, 2002, No. 205, § 3.