P.R. Laws tit. 3, § 14
2019-02-20 00:00:00+00
The prize received in cash by any official or employee as part of a work unit shall be in addition to his/her regular compensation and shall not be considered as a part thereof. Provided, further, That such prize shall not be subject to the payment of income tax. When the prize is awarded to a program or agency, and the same consists of cash, said resources shall become apart of the agency’s budget and shall be used for non-recurrent expenses. If the prize consists of a trophy or medals, the same shall belong to the recipient agency.
History —June 13, 1953, No. 79, p. 278, § 3; July 19, 1997, No. 40, § 2.