WeVote
Log In

Bill

Bill

PC 956

Para enmendar los Artículos 21, 22 y 27 de la Ley 42-2017, según enmendada, conocida como la “Ley para la Implantación del Plan para la Reorganización de la Industria del Cannabis Medicinal de Puerto Rico”; a los fines de disponer que una fracción de los fondos recaudados bajo dicha Ley se destinará al Fideicomiso para el Retiro de la Policía; y para otros fines relacionados.

2025-2028 Session

Puerto Rico bill redirects portion of medical cannabis tax revenues to fund the police retirement trust, amending the 2017 cannabis law to address pension obligations.

Retirada por su Autor
0
WeVote Research Nonpartisan
Bill Summary · PC 956

Legislative bill overview

Bill PC 956 proposes amendments to Puerto Rico's Medical Cannabis Industry Reorganization Law (Law 42-2017) to redirect a portion of cannabis tax revenues toward the Police Retirement Trust Fund. The bill modifies Articles 21, 22, and 27 of the existing cannabis legislation to establish this new funding allocation mechanism.

Why is this important

Puerto Rico's police pension system faces significant financial challenges, and this bill seeks to address funding gaps by tapping cannabis industry revenues—a growing revenue source. This represents a policy choice about how to allocate cannabis tax income between general budgets and specific trust funds with critical obligations.

Potential points of contention

  • Trust fund prioritization: Whether police retirement should receive cannabis revenues ahead of other government priorities (education, healthcare, infrastructure) that may also face funding shortfalls
  • Revenue sufficiency: Concerns about whether cannabis revenues are reliable or substantial enough to meaningfully address the police pension's long-term actuarial deficit without compromising other cannabis program objectives
  • Program sustainability: Questions about whether diverting cannabis funds weakens the medical cannabis program's ability to fund regulatory oversight, patient access, and industry development as originally intended

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

Sign in to ask a question.