P.R. Laws tit. 9, § 2029
(a) In general.— The Emergency Officer of the HTA and/or the ITA shall cease his/her functions only when the Oversight Committee determines that the Fiscal and/or Operational Emergency of the HTA and/or the ITA has been addressed.
(b) Conditions.— The Fiscal and/or Operational Emergency of the HTA and/or the ITA shall end when the Emergency Officer complies with the following:
(1) The HTA and/or the ITA are able to operate with ninety-five percent (95%) of its own funds, for these purposes “own funds” shall include any fee-generated revenues and formula appropriations corresponding to the respective agencies. However, appropriations under the General Budget Resolution of the Commonwealth of Puerto Rico or any other resolution shall not be considered “own funds”; or
(2) The Oversight Committee so determines by unanimity.
(c) Notwithstanding the provisions of subsection (b) of this section, the minimum term during which the Emergency Officer shall carry out his/her functions shall be five (5) years.
History —Jan. 15, 2015, No. 1, § 3.08.