113 
ordination with the ranking minority member of the 
Committee on Finance of the Senate. 
(c) DEADLINE FOR APPOINTMENT.—All appointments 
to the Task Force shall be made not later than 15 days 
after the date of enactment of this Act. 
(d) CHAIR.—The Speaker shall designate one Member 
to serve as chair of the Task Force. 
(e) VACANCIES.—Any vacancy in the Task Force shall 
be filled in the same manner as the original appointment. 
(f) STATUS UPDATE.—Between September 1, 2016, 
and September 15, 2016, the Task Force shall provide a 
status update to the House and Senate that includes— 
(1) information the Task Force has collected; and 
(2) a discussion on matters the chairman of the 
Task Force deems urgent for consideration by Con-
gress. 
(g) REPORT.—Not later than December 31, 2016, the 
Task Force shall issue a report of its findings to the House 
and Senate regarding— 
(1) impediments in current Federal law and 
programs to economic growth in Puerto Rico includ-
ing equitable access to Federal health care programs; 
(2) recommended changes to Federal law and 
programs that, if adopted, would serve to spur sus-
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tainable long-term economic growth, job creation and 
attract investment in Puerto Rico; 
(3) the economic effect of Administrative Order 
No. 346 of the Department of Health of the Common-
wealth of Puerto Rico (relating to natural products, 
natural supplements, and dietary supplements) or 
any successor or substantially similar order, rule, or 
guidance of the Commonwealth of Puerto Rico; and 
(4) additional information the Task Force deems 
appropriate. 
(h) CONSENSUS VIEWS.—To the greatest extent prac-
ticable, the report issued under subsection (f) shall reflect 
the shared views of all eight Members, except that the report 
may contain dissenting views. 
(i) HEARINGS AND SESSIONS.—The Task Force may, 
for the purpose of carrying out this section, hold hearings, 
sit and act at times and places, take testimony, and receive 
evidence as the Task Force considers appropriate. If the 
Task Force holds hearings, at least one such hearing must 
be held in Puerto Rico. 
(j) STAKEHOLDER PARTICIPATION.—In carrying out 
its duties, the Task Force shall consult with the Puerto Rico 
Legislative Assembly, the Puerto Rico Department of Eco-
nomic Development and Commerce, and the private sector 
of Puerto Rico. 
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(k) RESOURCES.—The Task Force shall carry out its 
duties by utilizing existing facilities, services, and staff of 
the House of Representatives and Senate, except that no ad-
ditional funds are authorized to be appropriated to carry 
out this section. 
(l) TERMINATION.—The Task Force shall terminate 
upon issuing the report required under subsection (f). 
SEC. 410. REPORT. 
The Comptroller General shall submit a report to the 
Committee on Natural Resources of the House of Represent-
atives and the Committee on Energy and Natural Resources 
of the Senate describing— 
(1) the conditions which led to the level of debt 
per capita and based upon overall economic activity; 
(2) how actions of the territorial government im-
proved or impaired the territory’s financial condi-
tions; and 
(3) recommendations on non-fiscal actions, nor 
policies that would imperil America’s homeland and 
national security, that could be taken by Congress or 
the Administration to avert future indebtedness of ter-
ritories, States or local units of government while re-
specting sovereignty and constitutional parameters. 
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TITLE V—PUERTO RICO INFRA-
STRUCTURE REVITALIZATION 
SEC. 501. DEFINITIONS. 
In this title: 
(1) ACT 76.—The term ‘‘Act 76’’ means Puerto 
Rico Act 76–2000 (3 L.P.R.A. 1931 et seq.), approved 
on May 5, 2000, as amended. 
(2) CRITICAL
PROJECT.—The term ‘‘Critical 
Project’’ means a project identified under the provi-
sions of this title and intimately related to addressing 
an emergency whose approval, consideration, permit-
ting, and implementation shall be expedited and 
streamlined according to the statutory process pro-
vided by Act 76, or otherwise adopted pursuant to 
this title. 
(3) ENERGY COMMISSION OF PUERTO RICO.—The 
term ‘‘Energy Commission of Puerto Rico’’ means the 
Puerto Rico Energy Commission as established by 
Subtitle B of Puerto Rico Act 57–2014. 
(4) ENERGY
PROJECTS.—The term ‘‘Energy 
Projects’’ means those projects addressing the genera-
tion, distribution, or transmission of energy. 
(5) EMERGENCY.—The term ‘‘emergency’’ means 
any event or grave problem of deterioration in the 
physical infrastructure for the rendering of essential 
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services to the people, or that endangers the life, pub-
lic health, or safety of the population or of a sensitive 
ecosystem, or as otherwise defined by section 1 of Act 
76 (3 L.P.R.A. 1931). This shall include problems in 
the physical infrastructure for energy, water, sewer, 
solid waste, highways or roads, ports, telecommuni-
cations, and other similar infrastructure. 
(6) ENVIRONMENTAL QUALITY BOARD.—The term 
‘‘Environmental Quality Board’’ means the Puerto 
Rico Environmental Quality Board, a board within 
the executive branch of the Government of Puerto Rico 
as established by section 7 of Puerto Rico Act 416– 
2004 (12 L.P.R.A. 8002a). 
(7) EXPEDITED
PERMITTING
PROCESS.—The 
term ‘‘Expedited Permitting Process’’ means a Puerto 
Rico Agency’s alternate procedures, conditions, and 
terms mirroring those established under Act 76 (3 
L.P.R.A. 1932) and pursuant to this title shall not 
apply to any Federal law, statute, or requirement. 
(8) GOVERNOR.—The term ‘‘Governor’’ means 
the Governor of Puerto Rico. 
(9) 
INTERAGENCY
ENVIRONMENTAL
SUB-
COMMITTEE.—The term ‘‘Interagency Environmental 
Subcommittee’’ means the Interagency Subcommittee 
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on Expedited Environmental Regulations as further 
described by section 504. 
(10) LEGISLATURE.—The term ‘‘Legislature’’ 
means the Legislature of Puerto Rico. 
(11) PLANNING
BOARD.—The term ‘‘Planning 
Board’’ means the Puerto Rico Planning Board, a 
board within the executive branch of the Government 
of Puerto Rico established by Puerto Rico Act 75– 
1975 (23 L.P.R.A. 62 et seq.). 
(12) PROJECT
SPONSOR.—The term ‘‘Project 
Sponsor’’ means a Puerto Rico Agency or private 
party proposing the development of an existing, ongo-
ing, or new infrastructure project or Energy Project. 
(13) PUERTO RICO AGENCY OR AGENCIES.—The 
terms ‘‘Puerto Rico Agency’’ or ‘‘Puerto Rico Agen-
cies’’ means any board, body, board of examiners, 
public corporation, commission, independent office, 
division, administration, bureau, department, author-
ity, official, person, entity, municipality, or any in-
strumentality of Puerto Rico, or an administrative 
body authorized by law to perform duties of regu-
lating, investigating, or that may issue a decision, or 
with the power to issue licenses, certificates, permits, 
concessions, accreditations, privileges, franchises, ex-
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cept the Senate and the House of Representatives of 
the Legislature and the judicial branch. 
(14) PUERTO RICO ELECTRIC POWER AUTHOR-
ITY.—The term ‘‘Puerto Rico Electric Power Author-
ity’’ means the Puerto Rico Electric Power Authority 
established by Puerto Rico Act 83–1941. 
SEC. 502. POSITION OF REVITALIZATION COORDINATOR. 
(a) ESTABLISHMENT.—There is established, under the 
Oversight Board, the position of the Revitalization Coordi-
nator. 
(b) APPOINTMENT.— 
(1) IN
GENERAL.—The Revitalization Coordi-
nator shall be appointed by the Governor as follows: 
(A) Prior to the appointment of the Revital-
ization Coordinator and within 60 days of the 
appointment of the full membership of the Over-
sight Board, the Oversight Board shall submit to 
the Governor no less than three nominees for ap-
pointment. 
(B) In consultation with the Oversight 
Board, not later than 10 days after receiving the 
nominations under subparagraph (A), the Gov-
ernor shall appoint one of the nominees as the 
Revitalization Coordinator. Such appointment 
shall be effective immediately. 
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(C) If the Governor fails to select a Revital-
ization Coordinator, the Oversight Board shall, 
by majority vote, appoint a Revitalization Coor-
dinator from the list of nominees provided under 
paragraph (A). 
(2) QUALIFICATIONS.—In selecting nominees 
under paragraph (1)(A), the Oversight Board shall 
only nominate persons who— 
(A) have substantial knowledge and exper-
tise in the planning, predevelopment, financing, 
development, operations, engineering, or market 
participation of infrastructure projects, provided 
that stronger consideration may be given to can-
didates who have experience with Energy 
Projects and the laws and regulations of Puerto 
Rico that may be subject to an Expedited Per-
mitting Process; 
(B) does not currently provide, or in the 
preceding 3 calendar years provided, goods or 
services to the government of Puerto Rico (and, 
as applicable, is not the spouse, parent, child, or 
sibling of a person who provides or has provided 
goods and services to the government of Puerto 
Rico in the preceding 3 calendar years); and 
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(C) shall not be an officer, employee of, or 
former officer or employee of the government of 
Puerto Rico in the preceding 3 calendar years. 
(3) COMPENSATION.—The Revitalization Coordi-
nator shall be compensated at an annual rate deter-
mined by the Oversight Board sufficient in the judg-
ment of the Oversight Board to obtain the services of 
a person with the skills and experience required to 
discharge the duties of the position, but such com-
pensation shall not exceed the annual salary of the 
Executive Director. 
(c) ASSIGNMENT OF PERSONNEL.—The Executive Di-
rector of the Oversight Board may assign Oversight Board 
personnel to assist the Revitalization Coordinator. 
(d) REMOVAL.— 
(1) IN
GENERAL.—The Revitalization Coordi-
nator may be removed for any reason, in the Over-
sight Board’s discretion. 
(2) TERMINATION OF POSITION.—Upon the ter-
mination of the Oversight Board pursuant to section 
209 of this Act, the position of the Revitalization Co-
ordinator shall terminate. 
SEC. 503. CRITICAL PROJECTS. 
(a) IDENTIFICATION OF PROJECTS.— 
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(1) PROJECT SUBMISSION.—Any Project Sponsor 
may submit, so long as the Oversight Board is in op-
eration, any existing, ongoing, or proposed project to 
the Revitalization Coordinator. The Revitalization 
Coordinator shall require such submission to in-
clude— 
(A) the impact the project will have on an 
emergency; 
(B) the availability of immediate private 
capital or other funds, including loan guaran-
tees, loans, or grants to implement, operate, or 
maintain the project; 
(C) the cost of the project and amount of 
Puerto Rico government funds, if any, necessary 
to complete and maintain the project; 
(D) the environmental and economic bene-
fits provided by the project, including the num-
ber of jobs to be created that will be held by resi-
dents of Puerto Rico and the expected economic 
impact, including the impact on ratepayers, if 
applicable; 
(E) the status of the project if it is existing 
or ongoing; and 
(F) in addition to the requirements found 
in subparagraphs (A) through (E), the Revital-
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study is completed and not inconsistent 
with studies or plans otherwise required 
under Puerto Rico laws. 
(2) IDENTIFICATION OF RELEVANT PUERTO RICO 
AGENCIES.—Within 20 days of receiving a project 
submission under paragraph (1), the Revitalization 
Coordinator shall, in consultation with the Governor, 
identify all Puerto Rico Agencies that will have a role 
in the permitting, approval, authorizing, or other ac-
tivity related to the development of such project sub-
mission. 
(3) EXPEDITED PERMITTING PROCESS.— 
(A) SUBMISSION
OF
EXPEDITED
PERMIT-
TING PROCESS.—Not later than 20 days after re-
ceiving a project submission, each Puerto Rico 
Agency identified in paragraph (1) shall submit 
to the Revitalization Coordinator the Agency’s 
Expedited Permitting Process. 
(B) FAILURE TO PROVIDE EXPEDITED PER-
MITTING
PROCESS.—If a Puerto Rico Agency 
fails to provide an Expedited Permitting Process 
within 20 days of receiving a project submission, 
the Revitalization Coordinator shall consult with 
the Governor to develop within 20 days an Expe-
dited Permitting Process for the Agency. 
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(C) 
IMPLEMENTATION
AND 
PRIORITIZATION.—The 
Revitalization 
Coordi-
nator shall require Puerto Rico Agencies to im-
plement the Expedited Permitting Process for 
Critical Projects. Critical Projects shall be 
prioritized to the maximum extent possible in 
each Puerto Rico Agency regardless of any agree-
ments transferring or delegating permitting au-
thority to any other Territorial Instrumentality 
or municipality. 
(b) CRITICAL PROJECT REPORT.— 
(1) IN GENERAL.—For each submitted project, 
the Revitalization Coordinator in consultation with 
the Governor and relevant Puerto Rico Agencies iden-
tified in subsection (a)(2) shall develop a Critical 
Project Report within 60 days of the project submis-
sion, which shall include: 
(A) An assessment of how well the project 
meets the criteria in subsection (a)(1). 
(B) A recommendation by the Governor 
whether the project should be considered a Crit-
ical Project. If the Governor fails to provide a 
recommendation during the development of the 
Critical Project Report, the failure shall con-
stitute a concurrence with the Revitalization Co-
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ordinator’s recommendation in subparagraph 
(E). 
(C) In the case of a project that may affect 
the implementation of Land-Use Plans, as de-
fined by Puerto Rico Act 550–2004, a deter-
mination by the Planning Board will be re-
quired within the 60-day timeframe. If the Plan-
ning Board determines such project will be in-
consistent with relevant Land-Use Plans, then 
the project will be deemed ineligible for Critical 
Project designation. 
(D) In the case of an Energy Project that 
will connect with the Puerto Rico Electric Power 
Authority’s transmission or distribution facili-
ties, a recommendation by the Energy Commis-
sion of Puerto Rico, if the Energy Commission 
determines such Energy Project will affect an 
approved Integrated Resource Plan, as defined 
under Puerto Rico Act 54–2014. If the Energy 
Commission determines the Energy Project will 
adversely affect an approved Integrated Resource 
Plan, then the Energy Commission shall provide 
the reasons for such determination and the En-
ergy Project shall be ineligible for Critical 
Project designation, provided that such deter-
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mination must be made during the 60-day time-
frame for the development of the Critical Project 
Report. 
(E) A recommendation by the Revitaliza-
tion Coordinator whether the project should be 
considered a Critical Project. 
(2) PUBLIC
INVOLVEMENT.—Immediately fol-
lowing the completion of the Critical Project Report, 
the Revitalization Coordinator shall make such Crit-
ical Project Report public and allow a period of 30 
days for the submission of comments by residents of 
Puerto Rico specifically on matters relating to the 
designation of a project as a Critical Project. The Re-
vitalization Coordinator shall respond to the com-
ments within 30 days of closing the coming period 
and make the responses publicly available. 
(3) SUBMISSION
TO
OVERSIGHT
BOARD.—Not 
later than 5 days after the Revitalization Coordinator 
has responded to the comments under paragraph (2), 
the Revitalization Coordinator shall submit the Crit-
ical Project Report to the Oversight Board. 
(c) ACTION BY THE OVERSIGHT BOARD.—Not later 
than 30 days after receiving the Critical Project Report, 
the Oversight Board, by majority vote, shall approve or dis-
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approve the project as a Critical Project, if the Oversight 
Board— 
(1) approves the project, the project shall be 
deemed a Critical Project; and 
(2) disapproves the project, the Oversight Board 
shall submit to the Revitalization Coordinator in 
writing the reasons for disapproval. 
SEC. 504. MISCELLANEOUS PROVISIONS. 
(a) CREATION
OF
INTERAGENCY
ENVIRONMENTAL 
SUBCOMMITTEE.— 
(1) ESTABLISHMENT.—Not later than 60 days 
after the date on which the Revitalization Coordi-
nator is appointed, the Interagency Environmental 
Subcommittee shall be established and shall evaluate 
environmental documents required under Puerto Rico 
law for any Critical Project within the Expedited 
Permitting Process established by the Revitalization 
Coordinator under section 503(a)(3). 
(2) COMPOSITION.—The Interagency Environ-
mental Subcommittee shall consist of the Revitaliza-
tion Coordinator, and a representative selected by the 
Governor in consultation with the Revitalization Co-
ordinator representing each of the following agencies: 
The Environmental Quality Board, the Planning 
Board, the Puerto Rico Department of Natural and 
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Environmental Resources, and any other Puerto Rico 
Agency determined to be relevant by the Revitaliza-
tion Coordinator. 
(b) LENGTH OF EXPEDITED PERMITTING PROCESS.— 
With respect to a Puerto Rico Agency’s activities related 
only to a Critical Project, such Puerto Rico Agency shall 
operate as if the Governor has declared an emergency pur-
suant to section 2 of Act 76 (3 L.P.R.A. 1932). Section 12 
of Act 76 (3 L.P.R.A. 1942) shall not be applicable to Crit-
ical Projects. Furthermore, any transactions, processes, 
projects, works, or programs essential to the completion of 
a Critical Project shall continue to be processed and com-
pleted under such Expedited Permitting Process regardless 
of the termination of the Oversight Board under section 209. 
(c) EXPEDITED
PERMITTING
PROCESS
COMPLI-
ANCE.— 
(1) WRITTEN NOTICE.—A Critical Project Spon-
sor may in writing notify the Oversight Board of the 
failure of a Puerto Rico Agency or the Revitalization 
Coordinator to adhere to the Expedited Permitting 
Process. 
(2) FINDING
OF
FAILURE.—If the Oversight 
Board finds either the Puerto Rico Agency or Revital-
ization Coordinator has failed to adhere to the Expe-
dited Permitting Process, the Oversight Board shall 
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(1) A Qualifying Modification will be conclusive 
and binding on all holders of Bonds whether or not 
they have given such consent, and on all future hold-
ers of those Bonds whether or not notation of such 
Qualifying Modification is made upon the Bonds, 
if— 
(A) the holders of the right to vote the Out-
standing Bonds in every Pool of the Issuer pur-
suant to subsection (j) have consented to or ap-
proved the Qualifying Modification; 
(B) the Administrative Supervisor certifies 
that— 
(i) the voting requirements of this sec-
tion have been satisfied; 
(ii) the Qualifying Modification com-
plies with the requirements set forth in sec-
tion 104(i)(1); and 
(iii) except for such conditions that 
have been identified in the Qualifying 
Modification as being non-waivable, any 
conditions on the effectiveness of the Quali-
fying Modification have been satisfied or, in 
the Administrative Supervisor’s sole discre-
tion, satisfaction of such conditions has 
been waived; 
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