Puerto Rico towns to recover lost funds from tax break AI illustrationhow this picture was madePuerto Rico's 78 towns are in line to get back the $13.62 million they lost when prescription drugs came off the municipal inventory tax, under a repayment that matches each municipality's own revenue drop rather than splitting the money evenly.[1][2]
The request is moving. In a formal letter dated November 6, 2026, the Municipal Revenue Collection Center - CRIM, the office that collects taxes on the municipalities' behalf - asked the Office of Management and Budget to carry a $13,621,558 funding request to the island's fiscal oversight board, the money that would replace what the exemption drained from town coffers.[3][4][5]
The hole traces directly to Law 78-2025, which took prescription medications out of the municipal personal property tax base by adding a subsection to Article 7.092 of the Municipal Code, Law 107-2020.[6][7] Since the law took effect on July 27, 2025, the exemption has cut municipal revenues by the full $13,621,558.[1][8]
The policy trade was deliberate: prescription medicines already ride exempt from the sales and use tax, community pharmacies draw 90% of their revenue from prescription sales, and the inventory tax had discouraged pharmacies from keeping deep stock on shelves - which delays getting prescriptions into patients' hands.[9][10][11] Whether the towns are made whole now rests with the fiscal oversight board.Los 78 municipios de Puerto Rico están en vías de recuperar los $13.62 millones que perdieron cuando los medicamentos recetados quedaron fuera del impuesto municipal al inventario, bajo un reembolso que corresponde a la caída de ingresos de cada municipio en lugar de repartir el dinero por partes iguales.[1][2]
La solicitud avanza. En una carta formal fechada el 6 de noviembre de 2026, el Centro de Recaudación de Ingresos Municipales, el CRIM, la oficina que recauda los impuestos en representación de los municipios, le pidió a la Oficina de Gerencia y Presupuesto que llevara una solicitud de fondos de $13,621,558 a la Junta de Supervisión Fiscal de la isla, el dinero que reemplazaría lo que la exención drenó de las arcas municipales.[3][4][5]
El hueco se remonta directamente a la Ley 78-2025, que sacó los medicamentos recetados de la base del impuesto municipal sobre la propiedad mueble al añadir un inciso al Artículo 7.092 del Código Municipal, la Ley 107-2020.[6][7] Desde que la ley entró en vigor el 27 de julio de 2025, la exención ha reducido los ingresos municipales en la totalidad de los $13,621,558.[1][8]
El intercambio de política pública fue deliberado: los medicamentos recetados ya están exentos del impuesto sobre ventas y uso, las farmacias de la comunidad obtienen el 90% de sus ingresos de las ventas de recetas, y el impuesto al inventario había desalentado a las farmacias de mantener un inventario amplio en los anaqueles, lo que retrasa que las recetas lleguen a manos de los pacientes.[9][10][11] Que los municipios queden resarcidos ahora depende de la Junta de Supervisión Fiscal.
Proof11 sources · 3 publishers · signed
What this stands on
Act 78-2025, signed into law on July 27, 2025, exempted prescription drugs from Puerto Rico’s inventory tax, reducing municipal revenues by $13.62 million since its implementation. · San Juan Daily Star
The $13.62 million would be distributed to Puerto Rico’s 78 municipalities based on each jurisdiction’s revenue loss from the exemption, with no municipality receiving more or less than its lost revenue. · San Juan Daily Star
CRIM sent a formal letter dated 6 November 2026 to OGP. · foronoticioso.com
CRIM requested 13621558 USD to replace lost municipal tax revenue. · foronoticioso.com
CRIM asked OGP to submit this funding request to the fiscal oversight board. · foronoticioso.com
Law 78-2025 enacted the prescription medicine inventory tax exemption. · foronoticioso.com
A subsection (ii) is added to Section 7.092 of Act No. 107-2020 to exempt prescription medications from personal property tax. · bvirtualogp.pr.govUnited Statesofficial source
Prescription medicine inventory tax exemption cut Puerto Rico municipal revenues by 13621558 USD. · foronoticioso.com
Prescription medications are exempt from the Sales and Use Tax (SUT) in Puerto Rico. · bvirtualogp.pr.govUnited Statesofficial source
Community pharmacies obtain 90% of their revenues from prescription medication sales and 10% from over‑the‑counter products. · bvirtualogp.pr.govUnited Statesofficial source
Property tax on inventory discourages pharmacies from keeping high levels of prescription medication stock, causing delays in patient dispatch. · bvirtualogp.pr.govUnited Statesofficial source
The one we could place publishes from United States. 2 could not be placed by their address. 1 is an official body, so this traces to the document itself.