P.R. Laws tit. 23, § 7015
The Chairperson of the Planning Board, the Executive Director of the Municipal Revenues Collection Center, and the Secretary of the Treasury shall submit a report to the Legislature three (3) years after the tax exemptions provided in this chapter have been rendered effective. Said report shall include an analysis of the effects the taxation measures established in this chapter have had on the urban development of Río Piedras, as well as an inventory of the housing units created or rehabilitated therein, the number of properties which benefit under the provisions of this chapter, and any other pertinent information, so as to enable the Legislature to make an evaluation of the effectiveness of the incentives under this chapter. The report submitted shall include recommendations with regard to the desirability of additional measures, if any, for the development of Río Piedras. Said report shall also include the position held by these agencies with regard to the creation of other special planning zones in other deteriorated urban centers. Likewise, the Economic Development Bank for Puerto Rico shall submit a special report to the Legislature on that same date, with evidence of its participation in the execution of sureties, authorized under this chapter, including an account of the applications received, as well as its determination concerning the same.
History —July 5, 1995, No. 75, § 14, renumbered as § 15 on Aug. 15, 1999, No. 236, § 4; July 17, 2009, No. 39, § 7.