P.R. Laws tit. 3, § 283f
(a) The Secretary shall collect all public funds of the dependencies, no matter what their source. The Secretary shall appoint, at the request of the dependencies or whenever he deems it convenient, collectors whose duty shall be to collect public funds that may be received in the proper dependencies. These collectors shall be considered agents of the Secretary and shall be governed by the regulations prescribed by him.
(b) All public funds of the dependencies not allotted by law to a specific purpose, shall be covered into the General Fund of the Commonwealth Treasury and shall be deposited in full in the Secretary’s current bank account or in any other bank account that he may deem convenient to establish, except those that do not represent net revenues to the General Fund, which shall be covered into the Budgetary Fund created by virtue of §§ 101 et seq. of Title 23, as amended.
(c) Dependencies which administer contracts and/or federal subsidies shall withhold the reimbursements of indirect costs recovered from the federal government, attributed to their administrative efforts. The Department of the Treasury shall withhold from said reimbursements the part attributed to the centralized services rendered. Such collections shall not be covered into the General Fund of the Commonwealth Treasury and shall be entered in the books pursuant to the provisions of §§ 283—283p of this title and the regulations promulgated by the Secretary to such effect. Nevertheless, such funds must be considered in the annual budget of expenditures of the corresponding dependencies and shall be governed by the provisions of Act 213 of May 12, 1942.
(d) The provisions of this section notwithstanding, and as an exception to the matters established in § 283a(j) of this title, the monies received by the executive dependencies whose operating expenses proceed from the General Fund, on account of claims to insurance companies for losses or damage to public property caused by calamities, such as, and not deemed as a limitation, war, hurricanes, earthquakes, droughts, floods, fire or plagues, shall be accounted for in the books of the Secretary apart from any other funds received by said dependencies and without a specific fiscal year. The executive dependencies shall use these monies solely to repair and replace the damaged property or to acquire property of a similar nature to that damaged or lost. The Secretary, by means of regulations to that effect, shall promulgate the standards which will apply to the use of such funds, and their accounting.
The monies received by the legislative and judiciary dependencies on account of claims to insurance companies for loss or damage of public property caused by calamities, such as, and not deemed as a limitation, wars, hurricanes, earthquakes, droughts, floods, fire, plagues or accidents, shall be accounted for in the books of the Secretary, apart from any other funds received by said dependencies and regardless of a specific fiscal year. The legislative and judiciary branches, by means of regulations to such effect and according to the freedom of action conferred by §§ 283—283p of this title, shall promulgate the standards which will apply to the use of such funds. That use shall conform to the purpose for which the insurance policies were acquired.
History —July 23, 1974, No. 230, Part 2, p. 183, § 7; July 20, 1979, No. 142, p. 335; May 31, 1991, No. 8, § 1; Aug. 20, 1997, No. 93, § 4.