Executive Order of the Governor of Puerto Rico, Hon. Wanda Vazquez-Garced, to Amend OE-2020-033 to Allow Essential Operations for Efforts Related to Incentive or Economic Aid, Throughout Local and Federal Programs, to Small and Medium-Size Companies, as Defined under the Small Business Administration (SBA).
| Jurisdicción | Puerto Rico |
| Orden ejecutiva nº | OE-2020-037 Eng |
| Fecha | 24 Abril 2020 |
CERTIFIED TRANSLATION
I, Juan E. Segarra, USCCI #06-067/translator, certify that the foregoing is a true and accurate
translation, to the best of my abilities, of the document in Spanish which I have seen.
GOVERNMENT OF PUERTO RICO
LA FORTALEZA
SAN JUAN, PUERTO RICO
Administrative Bulletin Number: OE-2020-037
EXECUTIVE ORDER OF THE GOVERNOR OF PUERTO RICO, HON. WANDA
VÁZQUEZ-GARCED
, TO AMEND OE-2020-033 TO ALLOW ESSENTIAL
OPERATIONS FOR EFFORTS RELATED TO INCENTIVE OR ECONOMIC AID,
THROUGHOUT LOCAL AND FEDERAL PROGRAMS, TO SMALL AND MEDIUM
– SIZE COMPANIES, AS DEFINED UNDER THE SMALL BUSINESS
ADMINISTRATION (SBA).
WHEREAS:
In view of the global emergency situation, the primary focus of the
Government of Puerto Rico during the coronavirus (COVID-19)
pandemic is to make efforts as are necessary to safeguard the health,
lives, and safety of the People of Puerto Rico. For such reason, and
consistent with the declaration issued by the World Health
Organization (WHO) classifying the respiratory disease caused by
COVID-19 as a global health and social emergency at a pandemic
level that required immediate and effective action from governments
and jurisdictions worldwide, Administrative Bulletin No. OE-2020-020
was issued on March 12, 2020, declaring a state of emergency across
the island due to the threat posed by COVID-19 (OE-2020-020).
WHEREAS:
Upon declaring a state of emergency, the Government of Puerto Rico
has adopted various executive orders geared to controlling the risk of
transmission of COVID-19, the most recent of which was
Administrative Bulletin No. OE-2020-033 which, among other things,
regulates the operations of financial institutions.
WHEREAS:
As part of the efforts geared to minimize the economic impact that
the closing of businesses caused by the COVID-19 has on individuals
and small- and medium-sized businesses, Puerto Rico awaits for the
United States Congress to pass a bill providing for a second
economic stimulus package for small- and medium-sized businesses
through the Small Business Administration (SBA) program, and for
the President to sign it. This economic stimulus package is part of the
Coronavirus Relief and Economic Security
Act (CARES) available to
all of the United States, in order to assist around 30 million small- and
medium-sized businesses; however, the first fund appropriation was
quickly depleted, thus failing to reach a large portion of these
businesses. Currently, the official numbers of the
Para continuar leyendo
Solicita tu prueba