Puerto Rico Senate approves SB 1514 to keep 'Zonas de Oportunidad' tax benefits

The Senate voted 24-4 on Nov. 11 to keep the 2018 Opportunity Zone map for local incentives under the Incentives Code; the bill now goes to the House.

Tainá Morales Cepeda

Technology and AI Correspondent

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The Puerto Rico Senate approved Senate Bill 1514 on Nov. 11, 2026, voting 24-4 with no abstentions and no absences, to keep the island's Opportunity Zone designations active for local tax incentives.^[1]^[2] The approved text now goes to the House of Representatives.^[3] The bill was filed on Oct. 13 by Senate President Thomas Rivera Schatz.^[4]^[5]