Ahead of the arrival of a new economic stimulus for citizens from the federal government, the Treasury Department began the process of submitting a distribution plan to the Internal Revenue Service (IRS for the acronym).
The information was confirmed by bureau chief Francisco Parés, who clarified in his Twitter account “that a new distribution plan would be needed and that they would discuss the details once the $ 600 program is enacted.”
The Treasury will present a draft distribution plan immediately after it is legally enacted.
In response to our questions the @RTLnews He clarified that a new distribution plan would be needed and that they would discuss the details once the $ 600 program is enacted into legislation.
He @RTLnews will present a draft distribution plan immediately after it is laid down in legislation.
– Francisco Parés Alicea (@SecHacienda) December 22, 2020
While a new plan, Parés said this would be a process similar to the one presented, approved, and executed for the $ 1,200 delivery. However, the official expects implementation to be faster.
This $ 600 program is similar to the $ 1,200 program run in May of this year, but with a lower monetary value. If our distribution plan is accepted, I believe the phases should be faster. The challenge is to get approval in time.
– Francisco Parés Alicea (@SecHacienda) December 22, 2020
While no plan has been delivered, due to lack of federal Senate approval, Parés indicated that both the elected governor, Pedro Pierluisi, as well as Wanda Vázquez and Jennifer González, will help with their contacts so that, when approved, they will allow Puerto Rico will skillfully serve.
# 2daRonda | We have the @RTLnews our intention to submit the Distribution Plan for approval and @USTreasury as soon as it is legally established.
This much @regional water authorities, @Pedropierluisi and @RepJenniffer they help us channel approval.
– Francisco Parés Alicea (@SecHacienda) December 22, 2020