The Congress gave its support to the royal decree of measures supplement for La Palma after the volcano eruption, which includes, among other things, the 60% bonus to personal income tax (IRPF) for citizens of the … island.
During the debate on the decree in the plenary session this Thursday, the PP guaranteed its support for these government measures for La Palma, which will give the green light to the measure. Other groups such as the PNV, Sumar or Podemos have also put forward their support for this proposal.
It is known as ‘canary decree’ that the central government and the island executive have negotiated in recent months, through various bilateral meetings, and which was finally approved in the Council of Ministers in November.
In addition to the personal income tax bonus, the decree also authorizes the Canary Islands government to spend 100 million euros charged to the surplus of the Regional Executive, which will be used to repair the damage caused by the volcano eruption in 2021 on agricultural properties and to compensate owners for the construction of infrastructure on properties expropriated or damaged by volcanic flows.
Likewise, the extension of the period for suspending obligations to pay interest and principal is considered for loans and credits with and without mortgage guarantee for debtors from the municipalities of El Paso, Los Llanos de Aridane and Tazacorte who are registered in the register of people affected by the volcano.
There is also the extension for justification of subsidies from the Ministry of Ecological Transition and the Demographic Challenge which is worth it. 12 million euros and 3.3 million for the Cabildo de La Palma, which can now be carried out until the end of the first quarter of 2026.
1,237.5 million euros
Responsible for defending this decree in Congress was the Minister of Territorial Policy and Democratic Memory, Ángel Víctor Torres, who also announced that in the next Councils of Ministers more measures of the “Canarian Agenda” would be approved.
The minister updated the data on the contribution of the Spanish Government since the eruption of the volcano until today, with 1,237.5 million euros in total. “Although we must continue working for the definitive recovery of the island, knowing that many of the dreams of the palm trees will not be recovered, we can affirm that the aid provided by the Spanish Government represents almost 72% of the public money mobilized on the island,” according to data from the Commissioner for Reconstruction of La Palma and General Intervention Services, “which are public, transparent and verifiable data.”
Torres highlighted the 53.7 million euros contribution from the Ministry of Territorial Policy and Democratic Memory for the reconstruction of municipal infrastructure; 58.1 million from the Ministry of the Interior; 108.9 million from the Ecological Transition; 33.5 million for Agriculture, Fisheries and Food; 240.7 million in aid to businesses or the Insurance Consortium; 135 million for the specific employment plans for La Palma; 56.2 million from Transport; or 478.5 million in direct aid or tax measures promoted by the Treasury.
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