Notice concerning a proposed regulation and public hearings

The Puerto Rico Energy Commission, pursuant to Act No. 57-2014, as amended, known as the Puerto Rico Energy Transformation and RELIEF Act, and Act No. 170 of August 12, 1988, as amended, known as the Uniform Administrative Procedure Act, intends to adopt the Regulation on the Contribution in Lieu of Taxes (CILT). The purpose this proposed regulation is to establish the mechanism and rules that will govern the implementation and distribution procedures of the contribution that the Puerto Rico Electric Power Authority makes to municipalities in lieu of the payment of taxes.

The text of this proposed regulation is available for public scrutiny at the Puerto Rico Energy Commission, located in the World Plaza Building, 268 Muñoz Rivera Ave., Suite #702, Hato Rey, PR 00918. The working hours of the Puerto Rico Energy Commission are between 8:30 a.m. and 12:00 m. and from 1:00 p.m. to 5:00 p.m., on business days. The proposal will also be published along with this Notice on the Commission’s Internet website, www.energia.pr.gov.

During a period of thirty (30) days, starting from the publication date of this Notice, any interested person shall be able to submit comments in writing or request an oral hearing concerning the aforementioned proposed regulation, along with those justifications that, according to the requesting party, merit an oral hearing, to the attention of Mr. Agustín F. Carbó Lugo, Esq., Chairman, World Plaza Building, 268 Muñoz Rivera Ave., Suite #702, Hato Rey, PR 00918, or by electronic mail at: comentarios@energia.pr.gov.

Furthermore, the Energy Commission will hold the following public hearings:

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