Resident Commissioner of Puerto Rico Pablo José Hernández highlighted on May 28 the economic and environmental impact of the permanent rum cover-over tax rebate, a measure that will provide more than $110 million in additional annual funds to the island. Hernández visited the facilities of Para la Naturaleza to discuss how this federal policy will benefit conservation efforts in Puerto Rico.
The rum cover-over returns to Puerto Rico a portion of federal taxes collected on rum produced on the island and sold in the United States. For decades, part of these funds have supported the Para la Naturaleza Trust. With an increase in the rebate, Hernández said Para la Naturaleza will receive nearly $15 million more each year.
As part of his work in Congress, Hernández said he worked directly with Senate leadership during approval of H.R. 1 to include a provision restoring the program’s full historic level permanently.
“We got more money to protect nature, and that is important,” said Hernández during visits to Las Cabezas in Fajardo, Hacienda Buena Vista in Ponce, Hacienda la Esperanza in Manatí, and the old aqueduct at Río Piedras.
Para la Naturaleza continues its role protecting ecosystems, restoring natural spaces, and strengthening communities through conservation initiatives, education programs, and sustainable development.
