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H.R. 6975 · 116th Congress

Amendments to PROMESA Act of 2020

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

10 cosponsors · 10 D

4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill makes changes to the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), including with respect to conflicts of interest by the Puerto Rico Oversight Board, funding, and public access to information regarding public debt of Puerto Rico.

What it does: CRS summary · Introduced in House · May 22, 2020

Amendments to PROMESA Act of 2020

This bill makes changes to the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), including with respect to conflicts of interest by the Puerto Rico Oversight Board, funding, and public access to information regarding public debt of Puerto Rico.

Specifically, the bill, among other things

  • establishes provisions to prevent conflicts of interest by the oversight board, including the designation by the board of an ethics board comprised of three non-executive board members;
  • requires the submission of an annual ethics report;
  • includes public education, public safety, health care, and pensions as essential public services for funding purposes;
  • provides funding to promote economic growth and funding for the operation of the University of Puerto Rico;
  • provides for certain disclosures by professional persons employed by court order and by professional persons employed by the debtor; and
  • establishes a Puerto Rico Public Credit Comprehensive Audit Commission.

The Government Accountability Office shall report on expenditures and operation of the oversight board.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Amendments to PROMESA Act of 2020

Latest action (May 22, 2020): Referred to the Committee on Natural Resources, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Policy area: Government Operations and Politics · Origin: House · Introduced: May 22, 2020

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.