The Executive Director of the Puerto Rico Institute of Statistics shall have the duty and responsibility of maintaining the Portal, ensuring the correct use thereof, and coordinating the entry, storage, and availability of the information received. Therefore, the Executive Director shall be charged with establishing the guidelines, formats, and standards for gathering and transmitting the information; receiving the data and establishing the appropriate mechanisms to guarantee the access to these resources; and providing support to the entities that use the Portal to guarantee that the Certificates of Compliance are processed in accordance with the provisions of this chapter.
Furthermore, the Executive Director shall be responsible for preparing graphics, tables, or other mechanisms he deems convenient, in order to analyze the information supplied in the Certificates of Compliance to correlate the tax incentives or benefits awarded with the incentivized activity and the impact thereof on Puerto Rico’s economy. The analysis of the information herein provided shall be sent to the Governor and the Legislative Assembly every year on March 1 st.
The Executive Director of the Puerto Rico Institute of Statistics shall prescribe by regulations or circular letter all that pertains to the operation and implementation of the provisions of this chapter.
History —Nov. 17, 2015, No. 187, § 11.