S 2682
114th Congress
Senate
Economics and Public Finance
American Samoa
Bankruptcy
Caribbean area
Civil actions and liability
Financial crises and stabilization
Guam
Northern Mariana Islands
Puerto Rico
Specialized courts
State and local finance
U.S. territories and protectorates
Virgin Islands
Territories Relief Act
Introduced: March 15, 2016
Introduced by:
Gillibrand, Kirsten E.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 15, 2016
Read twice and referred to the Committee on Energy and Natural Resources.
Mar 15, 2016
Introduced in Senate
Plain-English summary
Territories Relief Act
This bill allows a territory (the Commonwealth of Puerto Rico, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, or the U.S. Virgin Islands), or a municipality of a territory, to petition the bankruptcy court for the judicial district in which it is located to effect a plan to adjust its debts.
The chief judge of the court of appeals for the circuit of the district in which the case is commenced shall designate the bankruptcy judge to conduct the case.
What's happening now
Read twice and referred to the Committee on Energy and Natural Resources.
Committees of jurisdiction
1