Financial Oversight and Management Board Integrity Act of 2023

Hozzl · 2023-12-15T16:06:45Z

Explore the details of Senate Bill 922 Financial Oversight and Management Board Integrity Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Government Operations and Politics. Stay informed on legislative developments.

12/15/2023, 4:06 PM

Congressional Summary of S 922

Financial Oversight and Management Board Integrity Act of 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 board must establish rules to disqualify any third-party advisory or consulting firm from advising the board for any period during which the firm has a client, or provides consulting services to, an individual, corporation, or other business entity that is competing for or performing a contract with the territorial government, the performance of which is within the board's jurisdiction.

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Current Status of Bill S 922

Bill S 922 is currently in the status of Bill Introduced since March 22, 2023. Bill S 922 was introduced during Congress 118 and was introduced to the Senate on March 22, 2023. Bill S 922's most recent activity was Read twice and referred to the Committee on Energy and Natural Resources. as of March 22, 2023

Bipartisan Support of Bill S 922

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 922

Primary Policy Focus

Government Operations and Politics

Alternate Title(s) of Bill S 922

Financial Oversight and Management Board Integrity Act of 2023

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