As of the effective date of this act, the funds collected as fees for handling requests shall be accounted separately from any other funds received by the Department of the Treasury. Said funds shall be used by the Secretary of the Treasury to develop the necessary systems and procedures and for programming and acquiring the computer equipment needed to expedite the handling of requests by the administrative units of the Department of the Treasury in charge thereof.
Prior to using said funds, the Secretary of the Treasury shall annually submit, for the approval of the Office of Management and Budget, a budget of expenses chargeable thereto. The remainder of said funds that, by June 30 of each fiscal year has not been used or encumbered, shall be transferred to the General Fund of the Commonwealth of Puerto Rico. Provided, That for Fiscal Year 2015-2016, the sum of six million dollars ($6,000,000) in account number 0240000-245-081-1998, the sum of two million dollars ($2,000,000) in account number 0240000-245-882-1998, or in any other created for the same purposes in the Department of the Treasury’s accounting system shall be transferred from this Fund to the “2015-2016 Legal Liability Fund”.
History —July 20, 1990, No. 15, p. 78, § 6; Dec. 16, 1995, No. 236, § 1; renumbered as § 5 and amended on July 16, 1999, No. 154, § 4; July 2, 2015, No. 105, § 14.