P.R. Laws tit. 23, § 11002a
(a) The Secretary of Development shall establish through regulations or circular letter the documents, information, and guarantees to be provided or met by a person to avail itself of the provisions of this chapter.
(b) The Secretary of Development and the Secretary of the Treasury shall consider the following criteria to evaluate an application for a grant:
(1) The possibility that, in the absence of the incentives granted by this chapter, the film project, infrastructure project or the business of the studio operator or large-scale studio operator would be undertaken in a location other than Puerto Rico.
(2) The viability of the film project, infrastructure project or the business of the studio operator or large-scale studio operator to have the effect of promoting Puerto Rico as a tourist destination or filming destination.
(3) The viability of the film project, infrastructure project or the business of the studio operator or large-scale studio operator to have the effect of promoting economic development or job creation in Puerto Rico.
(4) The viability of the tax incentives granted under this chapter to attract private investment for film projects, infrastructure projects in Puerto Rico or the business of the studio operator or large-scale studio operator.
(5) The track record of the person applying for a grant in meeting commitments to engage in films projects, infrastructure projects, or operating a studio or a large-scale studio.
(6) Any other factor to be established by the Secretary of Development through regulations or circular letter consistent with promoting the best interests of Puerto Rico and/or the purposes of this chapter.
(c) The Secretary of Development may only deny an application for a grant for failure to meet one or more of the criteria set forth in subsection (b) of this section or because of the unavailability of tax credits according to the limitations set forth in § 11006b of this title. The Secretary of Development shall state in writing to the applicant of a grant the reasons for denying the application therefor.
History —Mar. 4, 2011, No. 27, § 3.2; July 13, 2012, No. 140, § 2.