H.R.4900: PROMESA

About This Bill

  • Introduced April 12, 2016
  • Latest Major Action April 28, 2016

Bill Sponsor

Bill Summary

Puerto Rico Oversight, Management, and Economic Stability Act or PROMESA This bill addresses Puerto Rico's debt by establishing an oversight board, a process for restructuring debt, and expedited procedures for approving critical infrastructure projects. The bill establishes the Financial Oversight and Management Board to oversee the development of budgets and fiscal plans for Puerto Rico's instrumentalities and government. The board may...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 5 statements associated with H.R.4900.

Bill Actions

Date Description
April 28, 2016
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
April 13, 2016
Committee Consideration and Mark-up Session Held.
April 12, 2016
Referred to House Education and the Workforce
April 12, 2016
Referred to House Judiciary
April 12, 2016
Referred to House Natural Resources
April 12, 2016

Introduced in the House by Sean Duffy (R-Wis.)

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