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48 U.S.C. · Territories and Insular Possessions
48 U.S.C. § 741

Export duties, taxes, etc.; bonds to anticipate revenues

Ch. 4 — PUERTO RICO
Title 48 U.S.C. ● ACTIVE Primary Source Ch. 4
Statutory Text

48 U.S.C. § 741 — Export duties, taxes, etc.; bonds to anticipate revenues

U.S.C. Title 48 - TERRITORIES AND INSULAR POSSESSIONS 48 U.S.C. United States Code, 2023 Edition Title 48 - TERRITORIES AND INSULAR POSSESSIONS CHAPTER 4 - PUERTO RICO SUBCHAPTER I - GENERAL PROVISIONS Sec. 741 - Export duties, taxes, etc.; bonds to anticipate revenues From the U.S. Government Publishing Office, www.gpo.gov

§741. Export duties, taxes, etc.; bonds to anticipate revenues

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.

(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.)

Editorial Notes

Codification Section is comprised of first part of section 3 of act Mar. 2, 1917, 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.

Amendments 1937—Act Aug. 26, 1937, reenacted section without substantive change. 1927—Act Mar. 4, 1927, inserted imposition of income taxes. 1921—Act Feb. 3, 1921, reenacted section without change.

Source: uscode.house.gov — public domain Official Source ↗
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48 U.S.C. § 741
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The statutory text of 48 U.S.C. § 741 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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Ch. 4 — PUERTO RICO
48 U.S.C. § 73148 U.S.C. § 731a48 U.S.C. § 731b48 U.S.C. § 731c48 U.S.C. § 731d48 U.S.C. § 731e48 U.S.C. § 73248 U.S.C. § 73348 U.S.C. § 733a48 U.S.C. § 733a148 U.S.C. § 733b48 U.S.C. § 73448 U.S.C. § 734a48 U.S.C. § 73548 U.S.C. § 73648 U.S.C. § 73748 U.S.C. § 73848 U.S.C. § 73948 U.S.C. § 74048 U.S.C. § 74148 U.S.C. § 741a48 U.S.C. § 74248 U.S.C. § 74348 U.S.C. § 74448 U.S.C. § 74548 U.S.C. § 745a48 U.S.C. § 745b48 U.S.C. § 74648 U.S.C. § 74748 U.S.C. § 748
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