Whereas, these corporations generate approximately 300,000 direct and indirect jobs, which constitute a vital part of the economy of Puerto Rico; and
Whereas, the earnings generated by the employees of these companies generate financial benefits for Puerto Rico; and
Whereas, the new Republican Congress, with the support of the Commissioner Resident of Puerto Rico, Hon. Carlos Romero Barceló and the Governor of Puerto Rico, Hon. Pedro Rosselló González, have proposed the elimination of this Section 936 so as to balance the national budget in seven years; and
Whereas, the elimination of Section 936 will cause great harm to the economy of Puerto Rico; and
Whereas, The United Methodist Church fosters and promotes a society where it is more dignified to work for a living than depend on others for subsistence;
Therefore, be it resolved, that the funds being deposited in Puerto Rico be kept there so that low interest loans be available in Puerto Rico for the use of Puerto Ricans; and
Be it further resolved, that the General Conference of The United Methodist Church support the maintaining of Section 936 of the Internal Revenue Code and that this support be communicated to President William Jefferson Clinton and members of the U.S. Congress.
General Conference Webmaster: Susan Brumbaugh
PETS Creator: John Brawn
Petition Text: 22704-CS-NonDis-O
1996 United Methodist General Conference