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HCONRES 55 118th Congress House Finance and Financial Sector

Recognizing the need for a sustainable, economically viable, and fair debt restructuring plan for the Puerto Rico Electric Power Authority.

Introduced: June 30, 2023 Introduced by: Velázquez, Nydia M. 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
Jun 30, 2023
Referred to the House Committee on Natural Resources.
Jun 30, 2023
Introduced in House
 Plain-English summary Congressional Research Service

This concurrent resolution recognizes the importance of the debt adjustment proceeding for the Puerto Rico Electric Power Authority (PREPA). The concurrent resolution also urges the Financial Oversight and Management Board for Puerto Rico to put forth a PREPA restructuring plan that is economically viable, allows for the rehabilitation of Puerto Rico's electrical system, and does not impose additional increases to electric rates.

What's happening now June 30, 2023

Referred to the House Committee on Natural Resources.

 Committees of jurisdiction 1