Before we adjourn, Senator Moynihan and I would like to speak to an issue that has yet been unable to be resolved--the funding for the Conservation Trust Fund of Puerto Rico. The Conservation Trust was created in 1968 for the protection of the natural resources and environmental beauty of Puerto Rico. The Trust lost much of its funding as a consequence of the decisions to phase-out section 936 and eliminate the Qualified Possession Source Investment Income (also known as ``QPSII'') provision in the tax code. I hope that Congress and the Administration will continue to work together to find an equitable solution that will permit the Trust to continue its protection of the environment in Puerto Rico.
Michael Roth: “Before we adjourn, Senator Moynihan and I would like to speak to an issue that has yet been unable to be resolved--the…”
Editor's note · Context
Addressing the funding issues for the Conservation Trust Fund of Puerto Rico.
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