48 U.S.C. § 743 — Repealed. July 1, 1944, ch. 373, title XIII,

Page 61 TITLE 48—TERRITORIES AND INSULAR POSSESSIONS § 743 EXPENDITURES FOR GOVERNMENTAL AND PUBLIC PURPOSES The amount of customs revenue received by the United States on importations from Puerto Rico since its evacuation by the Spanish forces together with all that should thereafter be collected under the existing law were placed at the disposal of the President to be used for governmental and public purposes in Puerto Rico, by act Mar. 24, 1900, ch. 91, 31 Stat. 51. Executive Documents TRANSFER OF FUNCTIONS All offices of collector of customs, comptroller of cus- toms, surveyor of customs, and appraiser of merchan- dise of Bureau of Customs of Department of the Treas- ury to which appointments were required to be made by President with advice and consent of Senate ordered abolished, with such offices to be terminated not later than December 31, 1966, by Reorg. Plan No. 1, of 1965, eff. May 25, 1965, 30 F.R. 7035, 79 Stat. 1317, set out in the Appendix to Title 5, Government Organization and Employees. All functions of offices eliminated were al- ready vested in Secretary of the Treasury by Reorg. Plan No. 26 of 1950, eff. July 31, 1950, 15 F.R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5. § 741. Export duties, taxes, etc.; bonds to antici- pate revenues No export duties shall be levied or collected on exports from Puerto Rico, but taxes and assess- ments on property, income taxes, internal rev- enue, and license fees, and royalties for fran- chises, privileges, and concessions may be im- posed for the purposes of the insular and munic- ipal governments, respectively, as may be pro- vided and defined by the Legislature of Puerto Rico; and when necessary to anticipate taxes and revenues, bonds and other obligations may be issued by Puerto Rico or any municipal gov- ernment therein as may be provided by law, and to protect the public credit. (Mar. 2, 1917, ch. 145, § 3, 39 Stat. 953; Feb. 3, 1921, ch. 34, § 2, 41 Stat. 1096; Mar. 4, 1927, ch. 503, § 1, 44 Stat. 1418; Aug. 26, 1937, ch. 831, 50 Stat. 843.) Editorial Notes CODIFICATION Section is comprised of first part of section 3 of act Mar. 2, 1917, down to the proviso clause. The remainder of section 3 is classified to sections 741a and 745 of this title. PRIOR PROVISIONS Provisions similar to those in this section were con- tained in act Apr. 12, 1900, ch. 191, § 38, 31 Stat. 86. AMENDMENTS 1937—Act Aug. 26, 1937, reenacted section without substantive change. 1927—Act Mar. 4, 1927, inserted imposition of income taxes. 1921—Act Feb. 3, 1921, reenacted section without change. § 741a. Internal-revenue taxes; levy and collec- tion; discrimination The internal-revenue taxes levied by the Leg- islature of Puerto Rico in pursuance of the au- thority granted by this chapter on articles, goods, wares, or merchandise may be levied and collected as such legislature may direct, on the articles subject to said tax, as soon as the same are manufactured, sold, used, or brought into the island: Provided, That no discrimination be made between the articles imported from the United States or foreign countries and similar articles produced or manufactured in Puerto Rico. The officials of the Customs and Postal Services of the United States are directed to as- sist the appropriate officials of the Puerto Rican government in the collection of these taxes. (Mar. 2, 1917, ch. 145, § 3, 39 Stat. 953; Mar. 4, 1927, ch. 503, § 1, 44 Stat. 1418; Aug. 26, 1937, ch. 831, 50 Stat. 844.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in text, was in the original ‘‘this Act’’, meaning act Mar. 2, 1917, ch. 145, 39 Stat. 951, known as the Puerto Rican Federal Relations Act and also popularly known as the Jones Act, which is classified principally to the chapter. For complete clas- sification of this Act to the Code, see Short Title note set out under section 731 of this title and Tables. CODIFICATION Section is comprised of last part of section 3 of act Mar. 2, 1917, as added by act Mar. 4, 1927. The first two parts are classified to sections 741 and 745 of this title. AMENDMENTS 1937—Act Aug. 26, 1937, reenacted section without substantive change. § 742. Acknowledgment of deeds Deeds and other instruments affecting land situate in the District of Columbia, or any other territory or possession of the United States, may be acknowledged in Puerto Rico before any notary public appointed therein by proper au- thority, or any officer therein who has ex officio the powers of a notary public. The certificate by such notary shall be accompanied by the certifi- cate of the executive secretary of Puerto Rico to the effect that the notary taking such acknowl- edgment is in fact such notarial officer. (Mar. 2, 1917, ch. 145, § 54, 39 Stat. 968; May 17, 1932, ch. 190, 47 Stat. 158.) Editorial Notes PRIOR PROVISIONS Provisions similar to those in this section were con- tained in act Mar. 22, 1902, ch. 273, 32 Stat. 88, except that that act required the certificate of the attorney general of Puerto Rico, rather than of the executive secretary of Puerto Rico as required by this section. Statutory Notes and Related Subsidiaries CHANGE OF NAME ‘‘Puerto Rico’’ substituted in text for ‘‘Porto Rico’’ pursuant to act May 17, 1932, which is classified to sec- tion 731a of this title. § 743. Repealed. July 1, 1944, ch. 373, title XIII, § 1313, 58 Stat. 714 Section, acts Apr. 12, 1900, ch. 191, § 10, 31 Stat. 80; Aug. 14, 1912, ch. 288, 37 Stat. 309; May 17, 1932, ch. 190, 47 Stat. 158, provided for quarantine stations in Puerto Rico. See section 267 of Title 42, The Public Health and Welfare. Page 62 TITLE 48—TERRITORIES AND INSULAR POSSESSIONS § 744 Statutory Notes and Related Subsidiaries RENUMBERING OF REPEALING ACT Title XIII, § 1313, formerly title VI, § 611, of act July 1, 1944, which repealed this section, was renumbered title VII, § 711, by act Aug. 13, 1946, ch. 958, § 5, 60 Stat. 1049; § 713, by act Feb. 28, 1948, ch. 83, § 9(b), 62 Stat. 47; title VIII, § 813, by act July 30, 1956, ch. 779, § 3(b), 70 Stat. 721; title IX, § 913, by Pub. L. 88–581, § 4(b), Sept. 4, 1964, 78 Stat. 919; title X, § 1013, by Pub. L. 89–239, § 3(b), Oct. 6, 1965, 79 Stat. 931; title XI, § 1113, by Pub. L. 91–572, § 6(b), Dec. 24, 1970, 84 Stat. 1506; title XII, § 1213, by Pub. L. 92–294, § 3(b), May 16, 1972, 86 Stat. 137; title XIII, § 1313, by Pub. L. 93–154, § 2(b)(2), Nov. 16, 1973, 87 Stat. 604, and was repealed by Pub. L. 93–222, § 7(b), Dec. 29, 1973, 87 Stat. 936. § 744. Coasting trade laws The coasting trade between Puerto Rico and the United States shall be regulated in accord- ance with the provisions of law applicable to such trade between any two great coasting dis- tricts of the United States. (Apr. 12, 1900, ch. 191, § 9, 31 Stat. 79; May 17, 1932, ch. 190, 47 Stat. 158.) Editorial Notes CODIFICATION Additional provisions of section 9 of act Apr. 12, 1900, authorizing the making of regulations for the national- ization of all vessels owned by inhabitants of Puerto Rico on April 11, 1889, and which continued to be so owned up to the date of that nationalization and for the admission of the same to all the benefits of the coast- ing trade of the United States, have been omitted. Section was not enacted as part of the Puerto Rican Federal Relations Act which comprises this chapter. Statutory Notes and Related Subsidiaries CHANGE OF NAME ‘‘Puerto Rico’’ substituted in text for ‘‘Porto Rico’’ pursuant to act May 17, 1932, which is classified to sec- tion 731a of this title. § 745. Tax exempt bonds All bonds issued by the Government of Puerto Rico, or by its authority, shall be exempt from taxation by the Government of the United States, or by the Government of Puerto Rico or of any political or municipal subdivision there- of, or by any State, Territory, or possession, or by any county, municipality, or other municipal subdivision of any State, Territory, or posses- sion of the United States, or by the District of Columbia. (Mar. 2, 1917, ch. 145, § 3, 39 Stat. 953; Feb. 3, 1921, ch. 34, § 2, 41 Stat. 1096; Mar. 4, 1927, ch. 503, § 1, 44 Stat. 1418; Aug. 26, 1937, ch. 831, 50 Stat. 844; Aug. 17, 1950, ch. 731, 64 Stat. 458; Pub. L. 87–121, § 1, Aug. 3, 1961, 75 Stat. 245.) Editorial Notes CODIFICATION Section is comprised of second part of section 3 of act Mar. 2, 1917, commencing with proviso clause. The first and last parts of section 3 are classified to sections 741 and 741a, respectively, of this title. PRIOR PROVISIONS Provisions similar to those in this section were con- tained in act Apr. 12, 1900, ch. 191, § 38, 31 Stat. 86. AMENDMENTS 1961—Pub. L. 87–121 struck out ‘‘no public indebted- ness of Puerto Rico and the municipalities of San Juan, Ponce, Arecibo, Rio Pledras, and Mayaguez shall be al- lowed in excess of 10 per centum of the aggregate tax valuation of its property, and no public indebtedness of any other subdivision or municipality of Puerto Rico shall hereafter be allowed in excess of 5 per centum of the aggregate tax valuation of the property in any such subdivision or municipality,’’ before ‘‘All bonds issued’’ and also struck out ‘‘In computing the indebtedness of the people of Puerto Rico, municipal bonds for the pay- ment of interest and principal of which the good faith of the people of Puerto Rico has heretofore been pledged and bonds issued by the people of Puerto Rico secured by bonds to an equivalent amount of bonds of municipal corporations or school boards of Puerto Rico shall not be counted but all bonds hereafter issued by any municipality or subdivision within the 5 per cen- tum hereby authorized for which the good faith of the people of Puerto Rico is pledged shall be counted’’ after ‘‘District of Columbia’’. 1950—Act Aug. 17, 1950, made section applicable to municipalities of Arecibo and Rio Piedras. 1937—Act Aug. 26, 1937, made section applicable to municipality of Mayaguez and substituted ‘‘August 26, 1937’’ for ‘‘March 4, 1927’’ wherever appearing. 1927—Act Mar. 4, 1927, made section applicable to mu- nicipalities of San Juan and Ponce, limited public in- debtedness of other subdivisions or municipalities of Puerto Rico to 5 per centum, and inserted in last sen- tence two clauses, the first relating to the non-inclu- sion of municipal bonds for the payment of interest and principal, and the second reading ‘‘but all bonds after August 26, 1937, issued by any municipality or subdivi- sion within the 5 per centum authorized for which the good faith of the people of Porto Rico is pledged shall be counted.’’ 1921—Act Feb. 3, 1921, increased allowable public in- debtedness from 7 to 10 per centum of aggregate tax valuation of property. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1961 AMENDMENT Pub. L. 87–121, § 2, Aug. 3, 1961, 75 Stat. 245, provided that: ‘‘Section 1 of this Act [amending this section] shall take effect upon a majority of the qualified elec- tors of Puerto Rico having voted in a referendum pur- suant to section 1 of article VII of the constitution of the Commonwealth of Puerto Rico, to include provi- sions in the Commonwealth constitution, in lieu of the provisions of section 3 of the Puerto Rican Federal Re- lations Act [this section] specified herein, limiting the debt-incurring capacity of the Commonwealth and of its municipalities (as proposed in the concurrent reso- lution of the legislative assembly of the Common- wealth).’’ [Referendum held Dec. 10, 1961, and debt limitation amendment to Article VI, § 2, of Constitution of Com- monwealth of Puerto Rico ratified by a majority of vot- ers.] § 745a. Public improvement bonds sold to United States or agency thereof excluded from pub- lic indebtedness Bonds or other obligations of Puerto Rico or any municipal government therein, payable solely from revenues derived from any public improvement or undertaking (which revenues may include transfers by agreement or other- wise from the regular funds of the issuer in re- spect of the use by it of the facilities afforded by such improvement or undertaking), and issued and sold to the United States of America or any agency or instrumentality thereof, shall not be considered public indebtedness of the issuer within the meaning of section 745 of this title.