Title 48 — Territories and Insular Possessions
Chapter 4 — Puerto Rico
§ 741. Export duties, taxes, etc.; bonds to anticipate revenues
Statutory text
No export duties shall be levied or collected on exports from Puerto Rico, but taxes and assessments on property, income taxes, internal revenue, and license fees, and royalties for franchises, privileges, and concessions may be imposed for the purposes of the insular and municipal governments, respectively, as may be provided and defined by the Legislature of Puerto Rico; and when necessary to anticipate taxes and revenues, bonds and other obligations may be issued by Puerto Rico or any municipal government therein as may be provided by law, and to protect the public credit.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 64–145 § 3 · 39 Stat. 226
Enacted · 48 U.S.C. § 741
Mar. 2, 1917, ch. 145, § 3, 39 Stat. 953
Source evidence
Code source credit
Mar. 2, 1917, ch. 145, § 3, 39 Stat. 953
0 of 1 references resolved to an enrolled provision · 1 partial
Editorial Notes
Codification
Section is comprised of first part of section 3 of act , down to the proviso clause. The remainder of section 3 is classified to sections 741a and 745 of this title.
Prior Provisions
Provisions similar to those in this section were contained in act Apr. 12, 1900, ch. 191, § 38, 31 Stat. 86.
Amendments1921–1937 · 3 rounds
1937
Act , reenacted section without substantive change.
1927
Act , inserted imposition of income taxes.
1921
Act , reenacted section without change.
Credits
1917–1937 · 4 acts
- 1917Mar. 2, 1917, ch. 145, § 3, 39 Stat. 953
- 1921Feb. 3, 1921, ch. 34, § 2, 41 Stat. 1096
- 1927Mar. 4, 1927, ch. 503, § 1, 44 Stat. 1418
- 1937Aug. 26, 1937, ch. 831, 50 Stat. 843.
Show as published
(Mar. 2, 1917, ch. 145, § 3, 39 Stat. 953; Feb. 3, 1921, ch. 34, § 2, 41 Stat. 1096; Mar. 4, 1927, ch. 503, § 1, 44 Stat. 1418; Aug. 26, 1937, ch. 831, 50 Stat. 843.)