Home > newsroom > Page
Revised Puerto Rico Legislation Introduced in House


WASHINGTON, D.C., May 18, 2016 -

Tonight, H.R. 5278, the “Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA),” was introduced in the House. Bill sponsor Rep. Sean Duffy (R-WI), Committee on Natural Resources Chairman Rob Bishop (R-UT) and cosponsor Rep. Jim Sensenbrenner (R-WI) issued the following statements:

“Years of disastrous polices have completely wrecked Puerto Rico’s economy. As a result, the island and its millions of American citizens face a humanitarian crisis. That’s why we must allow for a responsible restructuring for Puerto Rico’s debt, and do it without using Wisconsin taxpayer dollars for a bailout,” Rep. Duffy said.

“Tonight we introduced legislation to responsibly address the crisis in Puerto Rico. The revised bill incorporates technical refinements and input from all stakeholders. Any future changes will be done in public committee meetings,” Chairman Bishop stated.

 "Tonight's introduction of PROMESA is the first step toward fixing years of irresponsible budgeting and putting Puerto Rico's economy back on track. It's a smart and fiscally prudent bill that will positively impact millions of hardworking American citizens without wasting taxpayer dollars," Rep. Sensenbrenner said.  

Click here to view the legislative text.

Click here to view a legislative summary.

Contact: Committee Press Office 202-226-9019

Latest News

Committee Passes Bill to Improve Regulatory Efficiency, Environmental Progress

Today, the House Committee on Natural Resources passed H.R. 3133, the “Streamlining Environmental Approvals (SEA) Act of 2017.” Introduced by Rep. Mike Johnson (R-LA), the bill amends the Marine Mamma...... Read more

Minority Leadership Flip Flops on Support for Tribal Rights in House Vote

Today, 158 House Democrats voted against S. 140 (Sen. Jeff Flake, R-AZ), a bill that promotes tribal self-governance over tribal resources, lands and business regulation. Despite claims to overwhelmin...... Read more

Curtis Bill Enhances Antiquities Protections, Creates First Ever Tribally-Managed National Monument

Today, the Subcommittee on Federal Lands held a legislative hearing on H.R. 4532, the “Shash Jaa National Monument and Indian Creek National Monument Act.” Introduced by Rep. John Curtis (R-UT), and c...... Read more

View All News

Calendar

Full Committee Markup
FC Markup | 1324 Longworth House Office Building
Legislative Hearing on Tribal Jobs Bill
Subcommittee on Indian, Insular and Alaska Native Affairs | 1324 Longworth House Office Building Washington D.C. 20515
View All Events