A concurrent resolution recognizing the need for a sustainable, economically viable, and fair debt restructuring plan for the Puerto Rico Electric Power Authority.

Bill 118 sconres 12 is a concurrent resolution that acknowledges the importance of implementing a sustainable, economically viable, and fair debt restructuring plan for the Puerto Rico Electric Power Authority (PREPA). The resolution recognizes the challenges faced by PREPA in managing its debt and the impact it has on the people of Puerto Rico.

The resolution emphasizes the need for a comprehensive plan that takes into account the financial stability of PREPA, while also ensuring that the burden of debt restructuring is distributed fairly among all stakeholders. It calls for transparency and accountability in the restructuring process, as well as the involvement of all relevant parties in developing a plan that is in the best interest of Puerto Rico and its residents.

Overall, Bill 118 sconres 12 highlights the importance of addressing the debt crisis facing PREPA in a way that is sustainable, economically viable, and fair to all involved. It underscores the need for a collaborative and transparent approach to debt restructuring that prioritizes the well-being of the people of Puerto Rico.