Senate
Mar 14, 2016A bill to provide for the adjustment of the debts of the Commonwealth of Puerto Rico, and for other purposes.
Summary
Official
Puerto Rico Stability Act of 2016 This bill permits the government of Puerto Rico to restructure its debt by using a process that requires it to establish a Fiscal Stability and Reform Board, a Chief Financial Officer, and a fiscal plan. The Department of the Treasury may provide technical assistance to territories (Puerto Rico, Guam, American Samoa, the Northern...
Bill Progress
Bill has been introduced and assigned a number
Introduced(3/14/16)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
RM
Mr. Menendez
(D) NJ
Cosponsors (9)
Topics
Latest Action
Read twice and referred to the Committee on Energy and Natural Resources.
Mar 14, 2016