P.R. Laws tit. 23, § 6861a
A special fund to be denominated as the “Tourism Company Cruise Ship Industry Incentive Fund” (the “Company Fund”), is hereby created in the books of the Puerto Rico Tourism Company, to be attached to the Puerto Rico Tourism Company, which shall not have a specific fiscal year. The Tourism Company Fund shall be kept separate from other public funds under the custody of the Puerto Rico Tourism Company. The Company Fund shall be nourished by the following appropriations:
(a) From Fiscal Year 2011-2012 to Fiscal Year 2013-2014, one million five hundred thousand dollars ($1,500,000) annually from the funds of the Puerto Rico Tourism Company.
(b) The appropriation of funds provided in this chapter and those to be appropriated in the future by the Legislative Assembly to the special fund herein created.
(c) Any other funds donated, transferred, or assigned by the federal or state government, municipalities, or private entities or persons, including the Budgetary Fund created by virtue of §§ 101 et seq. of this title.
(d) The balance in the Company Fund at the close of each fiscal year shall remain therein and may be used to attain the purposes of this chapter in subsequent fiscal years.
History —July 4, 2011, No. 113, § 4.