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Bill

PS 438

Para crear la "Ley de Notificaciones de Pérdidas o Irregularidades en el Manejo deFondos y Propiedad Pública", a fin de establecer las normas a seguir para la notificación de pérdidas o irregularidades en el manejo de bienes públicos; agilizarla imposición de sanciones por el incumplimiento de esta Ley; derogar el Artículo 74-A del Código Político de 1902, según enmendado; y para otros fines relacionados

2025-2028 Session

PR bill modernizes public fund oversight by requiring mandatory loss/irregularity notifications with penalties, replacing 1964 law to strengthen government financial accountability.

Ley 52-2026
0
WeVote Research Nonpartisan
Bill Summary · PS 438

Legislative bill overview

Bill PS 438 creates a new law establishing mandatory notification procedures for losses or irregularities in the management of public funds and property in Puerto Rico. It replaces the 1964 Law No. 96 and includes penalties for non-compliance with notification requirements.

Why is this important

Public accountability for government resources is a cornerstone of transparent governance. This modernized framework updates decades-old regulations to establish clearer standards for reporting financial mismanagement, which can help detect fraud, corruption, and negligence in public administration while protecting taxpayer resources.

Potential points of contention

  • Implementation burden: Government agencies may face significant costs and administrative complexity in establishing new notification systems and compliance procedures across different departments.
  • Penalty severity: The specific sanctions imposed could be considered either insufficient to deter misconduct or disproportionately harsh depending on the infraction's nature and circumstances.
  • Notification timelines and thresholds: Disagreement may arise over what constitutes a reportable "irregularity," the required notification timeframe, and whether the standards appropriately balance swift reporting with adequate investigation time.

Compiled from official sources — confirm details with the bill’s official record.

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