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Puerto Rico Chapter 9 Uniformity Act of 2015

1/11/2023, 1:28 PM

Congressional Summary of HR 870

Puerto Rico Chapter 9 Uniformity Act of 2015

Amends the federal bankruptcy code to treat Puerto Rico as a state under chapter 9 (Adjustment of the Debts of a Municipality).

Current Status of Bill HR 870

Bill HR 870 is currently in the status of Bill Introduced since February 11, 2015. Bill HR 870 was introduced during Congress 114 and was introduced to the House on February 11, 2015.  Bill HR 870's most recent activity was Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. as of March 16, 2015

Bipartisan Support of Bill HR 870

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
41
Democrat Cosponsors
41
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 870

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Bankruptcy
- Caribbean area
- Puerto Rico
- State and local finance
- U.S. territories and protectorates

Alternate Title(s) of Bill HR 870

Puerto Rico Chapter 9 Uniformity Act of 2015
To amend title 11 of the United States Code to treat Puerto Rico as a State for purposes of chapter 9 of such title relating to the adjustment of debts of municipalities.
Puerto Rico Chapter 9 Uniformity Act of 2015

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