House Bill 1702 - To amend PROMESA to include certain ethics provisions to provide for the disqualification of certain advisors to the Financial Oversight and Management Board, and for other purposes.

Purpose and Summary

Chamber: House

Introduced date: 2023-03-22

Recent Activity

Referred to the Subcommittee on Indian and Insular Affairs .

Alternative Names

To amend PROMESA to include certain ethics provisions to provide for the disqualification of certain advisors to the Financial Oversight and Management Board, and for other purposes.

To amend PROMESA to include certain ethics provisions to provide for the disqualification of certain advisors to the Financial Oversight and Management Board, and for other purposes.

Associated Legislation

Financial Oversight and Management Board Integrity Act of 2023

Policy Areas

Government Operations and Politics

Potential Impact

Sponsors and Supporters

Resident Commissioner González-Colón, Jenniffer [R-PR-At Large]

Cosponsors and Supporters

Rep. Torres, Ritchie [D-NY-15]

Rep. Soto, Darren [D-FL-9]

Committees and Subcommittees

Natural Resources Committee

Indian and Insular Affairs Subcommittee

Variations and Revisions

To amend PROMESA to include certain ethics provisions to provide for the disqualification of certain advisors to the Financial Oversight and Management Board, and for other purposes.

12/15/2023, 3:55 PM

This bill disqualifies certain third-party advisory or consulting firms with a potential conflict of interest from advising a Financial Oversight and Management Board. Such a board has been established for Puerto Rico.

Specifically, a boar...

Congress
118

Number
HR - 1702

Introduced on
2023-03-22

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/22/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This bill disqualifies certain third-party advisory or consulting firms with a potential conflict of interest from advising a Financial Oversight and Management Board. Such a board has been established for Puerto Rico.

Specifically, a boar...

Alternative Names
Official Title as IntroducedTo amend PROMESA to include certain ethics provisions to provide for the disqualification of certain advisors to the Financial Oversight and Management Board, and for other purposes.

Policy Areas
Government Operations and Politics

Comments

Recent Activity

Latest Summary7/2/2023

This bill disqualifies certain third-party advisory or consulting firms with a potential conflict of interest from advising a Financial Oversight and Management Board. Such a board has been established for Puerto Rico.

Specifically, a boar...


Latest Action4/14/2023
Referred to the Subcommittee on Indian and Insular Affairs .