Summary of the bill.
The bill proposes allocating ten percent (10%) of State revenue from telecommunications service concessions to the IVM program. The funding would go to the Disability, Old Age and Death Program (IVM) of the Social Security Fund (Caja de Seguro Social), in relation to amounts currently below four hundred fifty balboas (B/.450.00). It also addresses the authority to grant those concessions and provides for the repeal of conflicting provisions.