P.R. Laws tit. 2, § 906
Every entity interested in being granted a legislative donation shall have sufficient funds for the matching thereof for a minimum amount equal to twenty-five percent (25%) of the total cost of the public function or activity for which the donation was requested, except in those cases in which the Special Joint Committee on Legislative Donations, with the prior request and justification of the entity, exempts the entity from such requirement when granting the donation. These funds for the matching of the legislative donation shall be secured by saving accounts, deposit certificates, managers checks, money orders or any other account or financial instrument endorsed in favor of the entity and from which its source can be determined, besides the amount.
The minimum matching required can also be granted in kind, provided such contribution is duly evidenced, establishing the cost of the property, equipment, personnel or any other property or resource the entity uses for the rendering of services.
When the funds for the matching come from other subvention, donation, subsidy or assistance program of the Government of the Commonwealth of Puerto Rico, or any of its municipalities, or of the Government of the United States, the entity shall submit a letter of commitment or appropriation signed by the chief of the state or federal agency or by the mayor of the municipality that administers the program under which the help or assistance is granted. This commitment letter shall be presented together with the application for the donation and shall state the true amount to be provided by the corresponding agency or municipality, the effective date of the contribution or assistance and the program or source of the funds.
History —Dec. 29, 1995, No. 258, § 7.