H.R.2526: United States Territorial Relief Act of 2019

About This Bill

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Bill Summary

United States Territorial Relief Act of 2019 This bill establishes a process under which Puerto Rico and other U.S. territories may terminate certain debts if they meet eligibility criteria. The bill allows territories to terminate their public, unsecured debt if they meet two of three criteria: the population of the territory has decreased by more than 5% over 10 years, the territory received major federal disaster assistance, or the...

(Source: Library of Congress)

Bill Actions

Date Description
May 3, 2019
Referred to the Committee on Natural Resources, and in addition to the Committees on the Judiciary, and the Budget, 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.
May 3, 2019

Introduced in the House by Nydia M. Velázquez (D-N.Y.)

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