House Bill 6975
116th Congress(2019-2020)
Amendments to PROMESA Act of 2020
Introduced
Introduced in House on May 22, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6975
Congress
116
Policy Area
Government Operations and Politics
Government Operations and Politics
Primary focus of measure is government administration, including agency organization, contracting, facilities and property, information management and services; rulemaking and administrative law; elections and political activities; government employees and officials; Presidents; ethics and public participation; postal service. Measures concerning agency appropriations and the budget process may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
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.
May 22, 2020
05/22/2020
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.
05/22/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:42:51 PM