P.R. Laws tit. 13, § 142
The Puerto Rican Economic Stimulus Plan is hereby created with the purpose of stimulating the economy of Puerto Rico and restoring its fiscal health. The Plan shall be under the administration of the Government Development Bank for Puerto Rico (the “Bank”) and be implemented pursuant to the provisions of this chapter by utilizing the funds deposited into the Puerto Rico economic Stimulus Fund (the “Fund”) established under § 15 of this title. The Board of Directors of the Bank shall establish through regulations any requirements, terms, and conditions as it may deem necessary so that the disbursements made comply with the economic stimulus purposes pursued by this chapter, including the criteria and conditions to determine any surplus. Such criteria and conditions shall be consulted with the corresponding agencies. Any regulations adopted by the Bank to implement the Puerto Rican Economic Stimulus Plan shall be exempted from the provisions of §§ 2101 et seq. of Title 3; however, the Bank shall see to the dissemination and publicity thereof for the knowledge of the general public.
History —Mar. 9, 2009, No. 9, § 2; Nov. 19, 2009, No. 144, § 1.