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House passes bill clarifying tax exemption for Section 8 rental properties to protect municipal finances
Summary
Project 219 clarifies application of a recently passed law (Law 37-2024) to avoid retroactive refunds that municipalities and the CRIM warned could harm local budgets; the House approved the measure unanimously (49–0).
The Puerto Rico House approved Project of the House 219 on Feb. 25 to clarify tax-exemption language affecting properties used for the federal Section 8 rental-assistance program. The bill passed by a recorded vote of 49–0.
Representative Pérez Ortiz, president of the Commission on Municipal Affairs, presented the measure and said it was designed to correct drafting omissions and avoid unintended retroactive fiscal effects on municipalities and the Centro de Recaudación de Ingresos Municipales (CRIM). "Hoy…
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