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PS 836

Para enmendar los Artículos 7.138, 7.148 y 7.162 de la Ley 107-2020, según enmendada, conocida como “Código Municipal de Puerto Rico”, a los fines de fijar para los años fiscales 2024 al 2028, la imposición contributiva sobre el valor del inventario a base de un promedio de valoración de inventarios y de la tasa de contribución vigente para el año 2024-2025, según publicada por el Centro de Recaudación de Ingresos Municipales; para otorgar al Centro de Recaudación de Ingresos Municipales la facultad de requerir al Departamento de Hacienda aquella información o datos pertenecientes a los contribuyentes del Centro de Recaudación de Ingresos Municipales, sin que esta se entienda como una renuncia a las obligaciones del Departamento o del Gobierno de Puerto Rico para con el Servicio de Rentas Internas de Estados Unidos, todo lo cual permitirá tener un mecanismo que resuelva finalmente la sustitución del impuesto al inventario; y para otros fines relacionados.

2025-2028 Session

Establishes a 2024–2028 mechanism for inventory tax using average inventory value and the 2024–2025 rate, with CRIM authorized to request taxpayer data from Hacienda.

Referido a Comisión(es)
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Bill Summary · PS 836

Summary of Bill PS 836 (Puerto Rico)

Overview

PS 836 seek to amend the Municipal Code (Law 107-2020) to establish, for fiscal years 2024 through 2028, a mechanism for the inventory tax based on:
- the average value of inventories, and
- the tax rate that was in effect for 2024-2025, as published by the Municipal Revenue Collection Center (CRIM).

The bill also authorizes CRIM to request information or data from the Department of the Treasury (Hacienda) related to CRIM taxpayers. The purpose stated is to facilitate a final substitution of the inventory tax and to support related objectives, while clarifying that this does not constitute a waiver of the Puerto Rico government’s obligations to the U.S. Internal Revenue Service (IRS).

What the bill would change

  • Amends Articles 7.138, 7.148, and 7.162 of Law 107-2020 (Código Municipal de Puerto Rico).
  • Establishes a 2024–2028 framework for determining the inventory tax based on:
    • an inventory valued at an average (promedio) method,
    • the existing 2024–2025 tax rate published by CRIM.
  • Grants CRIM the authority to obtain taxpayer information from Hacienda, specifically for CRIM taxpayers, to support administering the inventory-tax substitution mechanism.
  • Clarifies that data sharing with CRIM does not waive Puerto Rico’s federal tax obligations to the IRS.

Who would be affected

  • Taxpayers subject to the inventory tax under the revised framework (businesses with inventory in Puerto Rico).
  • Municipalities and CRIM, which would administer and apply the inventory tax and rate.
  • Department of Hacienda (Hacienda) and the Treasury system, as information would be requested to support CRIM’s administration.
  • The IRS, in the sense that the bill emphasizes ongoing compliance with federal obligations (no waiver of those obligations).

Procedural and timeline aspects

  • Introduced: October 30, 2025.
  • Legislative actions:
    • 2025-10-30: Radicado (filed).
    • 2025-11-03: Appears in Primera Lectura del Senado (First Reading in the Senate) and Referido a Comisión(es) (referred to committees).
  • Status: Referido a Comisión(es); awaiting committee review, potential hearings, and votes before floor consideration.

Potential impact and considerations

  • Fiscal: Creates a transitional mechanism for inventory taxation (2024–2028) using an average valuation and the 2024–2025 rate, potentially stabilizing revenue during the transition from prior inventory-tax schemes.
  • Administrative: Increases data-sharing capabilities between Hacienda and CRIM to support compliance and administration of the inventory-tax substitution.
  • Legal/federal: Reiterates that data requests do not waive Puerto Rico’s obligations to the IRS, preserving federal-tax relationships and compliance.

Note: The bill’s contents reflect proposed amendments and are subject to change during committee consideration and floor votes.

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

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