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Puerto Rico Government Development Bank
The Government Development Bank for Puerto Rico (GDB) — es, Banco Gubernamental de Fomento para Puerto Rico (BGF)— is the government bond issuer, intragovernmental bank, fiscal agent, and financial advisor of the government of Puerto Rico. The bank, along with its subsidiaries and affiliates, serves as the principal entity through which Puerto Rico channels its issuance of bonds. As an overview, the different executive agencies of the government of Puerto Rico and its government-owned corporations either issue bonds with the bank as a proxy, or owe debt to the bank itself (as the bank is a government-owned corporation as well). History The Bank was the brainchild of Governor Rexford Guy Tugwell, who signed Law 253 of May 13, 1942, creating the institution in charge of economic development for the Government of Puerto Rico. A subsequent law in 1945 expanded its responsibilities to include serving as the fiscal agent for, and financial advisor of, the government o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Development Bank For Puerto Rico
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Children's Trust Frund
{{disambiguation, geo ...
Puerto, a Spanish word meaning ''seaport'', may refer to: Places * El Puerto de Santa María, Andalusia, Spain *Puerto, a seaport town in Cagayan de Oro City, Philippines * Puerto Colombia, Colombia * Puerto Cumarebo, Venezuela * Puerto Galera, Oriental Mindoro, Philippines * Puerto La Cruz, Venezuela * Puerto Píritu, Venezuela * Puerto Princesa, Palawan, Philippines *Puerto Rico, an unincorporated territory of the United States * Puerto Vallarta, Mexico Others * ''Puerto Rico'' (board game) * Operación Puerto doping case See also * * Puerta (other) Puerta refers to the old original gates of the Walled City of Intramuros in Manila. Puerta may also refer to: People * Antonio Puerta, Spanish footballer * Alonso José Puerta, Spanish politician * Lina Puerta, American artist *Mariano Puerta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Sales And Use Tax
Taxation in Puerto Rico consists of taxes paid to the United States federal government and taxes paid to the Government of the Commonwealth of Puerto Rico. Payment of taxes to the federal government, both personal and corporate, is done through the federal Internal Revenue Service (IRS), while payment of taxes to the Commonwealth government is done through the Puerto Rico Department of Treasury (). Puerto Rico is an unincorporated territory of the United States and Puerto Ricans are U.S. citizens; however, Puerto Rico is not a U.S. state, but a U.S. insular area. Consequently, while all Puerto Rico residents pay federal taxes, many residents are not required to pay federal income taxes. Aside from income tax, U.S. federal taxes include customs taxes, federal commodity taxes, and federal payroll taxes (Social Security, Medicare, and Unemployment taxes). Not all Puerto Rican employees and corporations pay federal income taxes. Federal law requires payment of federal income ta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Sales Tax Financing Corporation
The Puerto Rico Urgent Interest Fund Corporation (also known as the Puerto Rico Sales Tax Financing Corporation) —Spanish: ''Corporación del Fondo de Interés Apremiante'' (COFINA)— is a government-owned corporation of Puerto Rico that issues government bonds and uses other financing mechanisms to pay and refinance the public debt of Puerto Rico. The Corporation is a subsidiary of the Government Development Bank and was created by Law No. 291 of 2006. Bonds issued by COFINA are called Puerto Rico Sales Tax Revenue Bonds. Background The Corporation receives half of the state government portion of the Puerto Rico Sales and Use Tax (SUT) (2.75%, or half of the out of the state government’s portion of 6%) and is authorized to use such portion pay or finance, in whole or in part, or fund: # certain debt obligations of the government of Puerto Rico The government of Puerto Rico is a republican form of government with separation of powers, subject to the jurisdi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Public-private Partnerships In Puerto Rico
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Public-Private Partnerships Authority
{{disambiguation, geo ...
Puerto, a Spanish word meaning ''seaport'', may refer to: Places * El Puerto de Santa María, Andalusia, Spain *Puerto, a seaport town in Cagayan de Oro City, Philippines * Puerto Colombia, Colombia * Puerto Cumarebo, Venezuela * Puerto Galera, Oriental Mindoro, Philippines * Puerto La Cruz, Venezuela * Puerto Píritu, Venezuela * Puerto Princesa, Palawan, Philippines *Puerto Rico, an unincorporated territory of the United States * Puerto Vallarta, Mexico Others * ''Puerto Rico'' (board game) * Operación Puerto doping case See also * * Puerta (other) Puerta refers to the old original gates of the Walled City of Intramuros in Manila. Puerta may also refer to: People * Antonio Puerta, Spanish footballer * Alonso José Puerta, Spanish politician * Lina Puerta, American artist *Mariano Puerta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Obligation Bond
A general obligation bond is a common type of municipal bond in the United States that is secured by a state or local government's pledge to use legally-available resources, including tax revenues, to repay bondholders. Most general obligation pledges at the local government level include a pledge to levy a property tax to meet debt service requirements, and holders of general obligation bonds then have a right to compel the borrowing government to levy that tax to satisfy the local government's obligation. Because property owners are usually reluctant to risk losing their holding from unpaid property tax bills, credit rating agencies often consider a general obligation pledge to have very strong credit quality and frequently assign them investment grade ratings. If local property owners do not pay their property taxes on time in any given year, a government entity is required to increase its property tax rate by as much as is legally allowable in a following year to make up for any ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Public Financing Corporation
The Puerto Rico Public Finance Corporation (PFC) — es, Corporación para el Financiamiento Público de Puerto Rico (CFP)— is the government-owned corporation that issues bonds to finance the different agencies of the executive branch of the government of Puerto Rico. The corporation is a subsidiary of the Puerto Rico Government Development Bank The Government Development Bank for Puerto Rico (GDB) — es, Banco Gubernamental de Fomento para Puerto Rico (BGF)— is the government bond issuer, intragovernmental bank, fiscal agent, and financial advisor of the government of Puert .... See also * List of bonds issued by Puerto Rico References External links Overview of the PFC at the Government Development Bank {{authority control Finance in Puerto Rico Government-owned corporations of Puerto Rico Public debt of Puerto Rico ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Municipal Financing Corporation
The Municipal Finance Corporation —Spanish: ''Corporación de Financiamiento Municipal'' (COFIM)— is a government-owned corporation of Puerto Rico that issues government bonds and uses other financing mechanisms to pay or refinance, directly or indirectly, in whole or in part, the debts of the municipalities of Puerto Rico payable or backed by the Puerto Rican municipal sales and use tax. The corporation is an affiliate of the Government Development Bank and is identical to COFINA The Puerto Rico Urgent Interest Fund Corporation (also known as the Puerto Rico Sales Tax Financing Corporation) —Spanish: ''Corporación del Fondo de Interés Apremiante'' (COFINA)— is a government-owned corporation of Puerto Rico ..., save that its funds come from the municipal aspect of the sales tax rather than from the state one. References {{authority control Government-owned corporations of Puerto Rico Public debt of Puerto Rico Taxation in Puerto Rico< ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Municipalities Of Puerto Rico
The municipalities of Puerto Rico (Spanish: ''municipios de Puerto Rico'') are the second-level administrative divisions in the Commonwealth of Puerto Rico. There are 78 such administrative divisions covering all 78 incorporated towns and cities. Each municipality is led by a mayor and divided into barrios, third-level administrative divisions, though the latter are not vested with any political authority. Every municipality is governed as stated by the Autonomous Municipalities Act of 1991, which establishes that every municipality must have an elected strong mayor with a municipal legislature as the form of government. Each legislature must be unicameral, with the number of members related to adequate representation of the total population of the municipality. In contrast to other jurisdictions, both the mayors and the municipal legislators are elected on the same date and for the same term of four years in office. From a political and ekistic perspective, several difference ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Municipal Financing Agency
The Puerto Rico Municipal Financing Agency (MFA) — es, Agencia para el Financiamiento Municipal de Puerto Rico (AFM)— is the municipal bond issuer and an intragovernmental bank of the government of Puerto Rico. The Agency is a government-owned corporation of the government of Puerto Rico and a principal affiliate of the Puerto Rico Government Development Bank The Government Development Bank for Puerto Rico (GDB) — es, Banco Gubernamental de Fomento para Puerto Rico (BGF)— is the government bond issuer, intragovernmental bank, fiscal agent, and financial advisor of the government of Puert .... Bonds issued * Series A Bonds * Series B Refunding Bonds * Series C Refunding Bonds References External links Overview of the MFA at the Government Development Bank {{authority control Finance in Puerto Rico Government-owned corporations of Puerto Rico Public debt of Puerto Rico Local government finance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
José M
José is a predominantly Spanish and Portuguese form of the given name Joseph. While spelled alike, this name is pronounced differently in each language: Spanish ; Portuguese (or ). In French, the name ''José'', pronounced , is an old vernacular form of Joseph, which is also in current usage as a given name. José is also commonly used as part of masculine name composites, such as José Manuel, José Maria or Antonio José, and also in female name composites like Maria José or Marie-José. The feminine written form is ''Josée'' as in French. In Netherlandic Dutch, however, ''José'' is a feminine given name and is pronounced ; it may occur as part of name composites like Marie-José or as a feminine first name in its own right; it can also be short for the name ''Josina'' and even a Dutch hypocorism of the name ''Johanna''. In England, Jose is originally a Romano-Celtic surname, and people with this family name can usually be found in, or traced to, the English county of C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
