118th Congress · HOUSE CONCURRENT RESOLUTIONBILL

H.Con.Res. 55 — Recognizing the need for a sustainable, economically viable, and fair debt restructuring plan for the Puerto Rico Electric Power Authority.

“Recognizing the need for a sustainable, economically viable, and fair debt restructuring plan for the Puerto Rico Electric Power Authority.”

Finance and financial sector

Introduced Jun 30, 2023

Last action Jun 30, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jun 30, 2023

Step 2

Referred

Jun 30, 2023

Natural Resources

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This concurrent resolution recognizes the importance of the debt adjustment proceeding for the Puerto Rico Electric Power Authority (PREPA). The concurrent resolution also urges the Financial Oversight and Management Board for Puerto Rico to put forth a PREPA restructuring plan that is economically viable, allows for the rehabilitation of Puerto Rico's electrical system, and does not impose additional increases to electric rates.

Provisions · 1 sectionsIntroduced in House

Timeline · 2 actions

Jun 30, 2023

Introduced in House

Jun 30, 2023

Referred to the House Committee on Natural Resources.