Pub. L. 114-187
Pub. L. 114-187 - Puerto Rico Oversight, Management, and Economic Stability Act" or "PROMESA
- Pub. L. 114-187 - Puerto Rico Oversight, Management, and Economic Stability Act" or "PROMESA
- 114th Congress
- SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
- SEC. 2. EFFECTIVE DATE.
- SEC. 3. SEVERABILITY.
- SEC. 4. SUPREMACY.
- SEC. 5. DEFINITIONS.
- SEC. 6. PLACEMENT.
- SEC. 7. COMPLIANCE WITH FEDERAL LAWS.
- SEC. 101. FINANCIAL OVERSIGHT AND MANAGEMENT BOARD.
- SEC. 102. LOCATION OF OVERSIGHT BOARD.
- SEC. 103. EXECUTIVE DIRECTOR AND STAFF OF OVERSIGHT BOARD.
- SEC. 104. POWERS OF OVERSIGHT BOARD.
- SEC. 105. EXEMPTION FROM LIABILITY FOR CLAIMS.
- SEC. 106. TREATMENT OF ACTIONS ARISING FROM ACT.
- SEC. 107. BUDGET AND FUNDING FOR OPERATION OF OVERSIGHT BOARD.
- SEC. 108. AUTONOMY OF OVERSIGHT BOARD.
- SEC. 109. ETHICS.
- SEC. 201. APPROVAL OF FISCAL PLANS.
- SEC. 202. APPROVAL OF BUDGETS.
- SEC. 203. EFFECT OF FINDING OF NONCOMPLIANCE WITH BUDGET.
- SEC. 204. REVIEW OF ACTIVITIES TO ENSURE COMPLIANCE WITH FISCAL PLAN.
- SEC. 205. RECOMMENDATIONS ON FINANCIAL STABILITY AND MANAGEMENT RESPONSIBILITY.
- SEC. 206. OVERSIGHT BOARD DUTIES RELATED TO RESTRUCTURING.
- SEC. 207. OVERSIGHT BOARD AUTHORITY RELATED TO DEBT ISSUANCE.
- SEC. 208. REQUIRED REPORTS.
- SEC. 209. TERMINATION OF OVERSIGHT BOARD.
- SEC. 210. NO FULL FAITH AND CREDIT OF THE UNITED STATES.
- SEC. 211. ANALYSIS OF PENSIONS.
- SEC. 212. INTERVENTION IN LITIGATION.
- SEC. 301. APPLICABILITY OF OTHER LAWS; DEFINITIONS.
- SEC. 302. WHO MAY BE A DEBTOR.
- SEC. 303. RESERVATION OF TERRITORIAL POWER TO CONTROL TERRITORY AND TERRITORIAL INSTRUMENTALITIES.
- SEC. 304. PETITION AND PROCEEDINGS RELATING TO PETITION.
- SEC. 305. LIMITATION ON JURISDICTION AND POWERS OF COURT.
- SEC. 306. JURISDICTION.
- SEC. 307. VENUE.
- SEC. 308. SELECTION OF PRESIDING JUDGE.
- SEC. 309. ABSTENTION.
- SEC. 310. APPLICABLE RULES OF PROCEDURE.
- SEC. 311. LEASES.
- SEC. 312. FILING OF PLAN OF ADJUSTMENT.
- SEC. 313. MODIFICATION OF PLAN.
- SEC. 314. CONFIRMATION.
- SEC. 315. ROLE AND CAPACITY OF OVERSIGHT BOARD.
- SEC. 316. COMPENSATION OF PROFESSIONALS.
- SEC. 317. INTERIM COMPENSATION.
- SEC. 401. RULES OF CONSTRUCTION.
- SEC. 402. RIGHT OF PUERTO RICO TO DETERMINE ITS FUTURE POLITICAL STATUS.
- SEC. 403. FIRST MINIMUM WAGE IN PUERTO RICO.
- SEC. 404. APPLICATION OF REGULATION TO PUERTO RICO.
- SEC. 405. AUTOMATIC STAY UPON ENACTMENT.
- SEC. 406. PURCHASES BY TERRITORY GOVERNMENTS.
- SEC. 407. PROTECTION FROM INTER-DEBTOR TRANSFERS.
- SEC. 408. GAO REPORT ON SMALL BUSINESS ADMINISTRATION PROGRAMS IN PUERTO RICO.
- SEC. 409. CONGRESSIONAL TASK FORCE ON ECONOMIC GROWTH IN PUERTO RICO.
- SEC. 410. REPORT.
- SEC. 411. REPORT ON TERRITORIAL DEBT.
- SEC. 412. EXPANSION OF HUBZONES IN PUERTO RICO.
- SEC. 413. DETERMINATION ON DEBT.
- SEC. 501. DEFINITIONS.
- SEC. 502. POSITION OF REVITALIZATION COORDINATOR.
- SEC. 503. CRITICAL PROJECTS.
- SEC. 504. MISCELLANEOUS PROVISIONS.
- SEC. 505. FEDERAL AGENCY REQUIREMENTS.
- SEC. 506. JUDICIAL REVIEW.
- SEC. 507. SAVINGS CLAUSE.
- SEC. 601. CREDITOR COLLECTIVE ACTION.
- SEC. 602. APPLICABLE LAW.
- SEC. 701. SENSE OF CONGRESS REGARDING PERMANENT, PRO-GROWTH FISCAL REFORMS.
- Legislative History
- LEGISLATIVE HISTORY—S. 2328 (H.R. 5278):
- CONGRESSIONAL RECORD:
- DAILY COMPILATION OF PRESIDENTIAL DOCUMENTS (2016):