The Puerto Rico Fiscal Supervisory Board asked on Oct 27 that the proposed IVU suspension not take effect until the board completes a full review. [1]
In a four-page letter to Governor Jenniffer González Colón and legislative leaders, the board said the government had not identified a funding source to cover the revenue loss, which it estimated at $56.8 million. [2][3][4] The proposed suspension would run from November 1 to December 31, 2026, covering the 6% IVU on prepared foods, carbonated beverages, candies, and confectionery. [5][6] La Fortaleza's own estimate put forgone revenue at $15-25 million per month, up to about $50 million. [7][8]
Board executive director Robert F. Mujica argued the exemption treats a symptom, not the root cause of high electricity costs, and criticized proposing relief outside the formal budget process. [9][10] The letter landed with the residential electricity rate at 33.86 cents per kWh for October-December 2026, the highest recorded since 2020, and noted tax collections have stayed nearly flat for four consecutive fiscal years. [11][12] The board also said temporary relief does not replace comprehensive tax reform. [13]
Until that review closes, the proposed suspension stays on hold.La Junta de Supervisión Fiscal de Puerto Rico pidió el 27 de octubre que la suspensión propuesta del IVU no entre en vigor hasta que la junta complete una revisión completa. [1]
En una carta de cuatro páginas a la gobernadora Jenniffer González Colón y a los líderes legislativos, la junta dijo que el gobierno no había identificado una fuente de financiamiento para cubrir la pérdida de ingresos, que estimó en $56.8 millones. [2][3][4] La suspensión propuesta correría del 1 de noviembre al 31 de diciembre de 2026, cubriendo el 6% del IVU sobre alimentos preparados, bebidas carbonatadas, dulces y confitería. [5][6] El estimado propio de La Fortaleza situó los ingresos no percibidos entre $15 y $25 millones por mes, hasta cerca de $50 millones. [7][8]
El director ejecutivo de la junta, Robert F. Mujica, argumentó que la exención atiende un síntoma, no la causa raíz de los altos costos de electricidad, y criticó que se proponga un alivio fuera del proceso formal de presupuesto. [9][10] La carta llegó con la tarifa residencial de electricidad en 33.86 centavos por kWh para octubre-diciembre de 2026, la más alta registrada desde 2020, y señaló que los recaudos de impuestos se han mantenido casi estancados por cuatro años fiscales consecutivos. [11][12] La junta también dijo que el alivio temporero no sustituye una reforma contributiva integral. [13]
Hasta que esa revisión cierre, la suspensión propuesta permanece en pausa.
Proof13 sources · 4 publishers · signed
What this stands on
The Puerto Rico Fiscal Supervisory Board requested on 27 October that the proposed IVU suspension not enter force until a full review is completed. · Metro Puerto RicoPuerto Rico
The Junta de Supervisión Fiscal sent a four-page letter to Governor Jenniffer González Colón and legislative presidents. · telemundopr.comPuerto Rico
The Junta de Supervisión Fiscal stated the government did not identify a funding source to compensate for the revenue loss. · telemundopr.comPuerto Rico
The Junta de Supervisión Fiscal estimated the cost of the measure at $56.8 million. · telemundopr.comPuerto Rico
The proposed suspension period is from November 1 to December 31, 2026. · telemundopr.comPuerto Rico
The Junta de Supervisión Fiscal objected to a proposal to suspend the 6% IVU on prepared foods, carbonated beverages, candies, and confectionery products. · telemundopr.comPuerto Rico
Jean Peña Payano stated monthly revenue loss from the exemption would be 15 to 25 million dollars. · elvocero.com
Puerto Rico government may lose up to $50 million revenue if the IVU exemption is approved. · elvocero.com
Mujica stated the IVU exemption proposal addresses a symptom not the root cause of high electricity costs. · elnuevodia.comPuerto Rico
Puerto Rico residential electricity rate is 33.86 cents per kWh for October to December 2026. · elnuevodia.comPuerto Rico
Puerto Rico tax collections have stayed nearly flat for four consecutive fiscal years. · elnuevodia.comPuerto Rico
The Junta de Supervisión Fiscal stated temporary tax relief does not replace comprehensive tax reform. · telemundopr.comPuerto Rico
The 3 we could place publish from Puerto Rico. 1 could not be placed by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.