Puerto Rico Chapter 9 Uniformity Act of 2015

1/11/2023, 1:30 PM

Congressional Summary of S 1774

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 S 1774

Bill S 1774 is currently in the status of Bill Introduced since July 15, 2015. Bill S 1774 was introduced during Congress 114 and was introduced to the Senate on July 15, 2015.  Bill S 1774's most recent activity was Read twice and referred to the Committee on the Judiciary. as of July 15, 2015

Bipartisan Support of Bill S 1774

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
18
Democrat Cosponsors
17
Republican Cosponsors
0
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 1774

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

BankruptcyCaribbean areaPuerto RicoState and local financeU.S. territories and protectorates

Alternate Title(s) of Bill S 1774

Puerto Rico Chapter 9 Uniformity Act of 2015A bill 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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