Governor Jenniffer González Colón stated that she presented financing alternative sources to the JSF during the meeting [1][4]
The Junta de Supervisión Fiscal (JSF) stated that the Puerto Rico government had not identified funds to cover the $56.8 million cost of the proposed IVU suspension [2] Governor Jenniffer González Colón stated on Friday she could have implemented the proposed IVU suspension unilaterally via Treasury Department order, but chose to consult the Fiscal Board first to avoid court action. [3] The JSF stated the IVU suspension measure may not enter into force until the board completes its evaluation and funding is confirmed [5]
Governor González Colón stated she declined to sign unanimously passed budget safeguard bills House 1261 and 1262 because unconsulted last minute amendments substantially changed the original legislation. [6] The JSF requested that non-recurring funds be identified to offset lost revenue, and that the tax suspension not take effect until a full budget impact review is completed. [7]La gobernadora Jenniffer González Colón expresó que presentó fuentes alternas de financiamiento a la JSF durante la reunión [1][4]
La Junta de Supervisión Fiscal (JSF) expresó que el gobierno de Puerto Rico no había identificado fondos para cubrir el costo de $56.8 millones de la propuesta suspensión del IVU [2] La gobernadora Jenniffer González Colón expresó el viernes que pudo haber implementado la propuesta suspensión del IVU de manera unilateral mediante orden del Departamento de Hacienda, pero optó por consultar primero con la Junta de Supervisión Fiscal para evitar una acción en los tribunales. [3] La JSF expresó que la medida de suspensión del IVU no podría entrar en vigor hasta que la junta complete su evaluación y se confirme el financiamiento [5]
La gobernadora González Colón expresó que se negó a firmar los proyectos de salvaguarda presupuestaria aprobados por unanimidad, el Proyecto de la Cámara 1261 y el 1262, porque enmiendas de último minuto sin consultar cambiaron sustancialmente la legislación original. [6] La JSF solicitó que se identificaran fondos no recurrentes para compensar los ingresos perdidos, y que la suspensión contributiva no entrara en vigor hasta que se complete una revisión completa del impacto presupuestario. [7]
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What this stands on
Governor Jenniffer González Colón held a meeting with the JSF following the board's funding warning · WAPA.TV
The Junta de Supervisión Fiscal (JSF) stated that the Puerto Rico government had not identified funds to cover the $56.8 million cost of the proposed IVU suspension · WAPA.TV
Governor Jenniffer González Colón stated on Friday she could have implemented the proposed IVU suspension unilaterally via Treasury Department order, but chose to consult the Fiscal Board first to avoid court action. · esnoticiapr.com
Governor Jenniffer González Colón stated that she presented financing alternative sources to the JSF during the meeting · WAPA.TV
The JSF stated the IVU suspension measure may not enter into force until the board completes its evaluation and funding is confirmed · WAPA.TV
Governor González Colón stated she declined to sign unanimously passed budget safeguard bills House 1261 and 1262 because unconsulted last minute amendments substantially changed the original legislation. · esnoticiapr.com
The JSF requested that non-recurring funds be identified to offset lost revenue, and that the tax suspension not take effect until a full budget impact review is completed. · esnoticiapr.com
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