Puerto Rico Chapter 9 Uniformity Act of 2014

Bill: 113-hr-5305
Sponsor: full_name: Resident Commissioner Pierluisi, Pedro R. [D-PR-At Large]
Introduced: 2014-07-31
Policy area: Finance and Financial Sector
Subjects: Bankruptcy

Puerto Rico

State and local finance

U.S. territories and protectorates
Latest action: action_date: 2014-09-26
text: Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Summaries:
action_date: 2014-07-31
action_desc: Introduced in House
text: <p>Puerto Rico Chapter 9 Uniformity Act of 2014 - Amends the fedral bankruptcy code to treat Puerto Rice as a state under chapter 9 (Adjustment of the Debts of a Municipality).</p>

tv_txt: I 113th CONGRESS 2d Session H. R. 5305 IN THE HOUSE OF REPRESENTATIVES July 31, 2014 Mr. Pierluisi introduced the following bill; which was referred to the Committee on the Judiciary A BILL To amend title 11 of the United States Code to treat Puerto Rico as a State for purposes of chapter 9 of such title relating to the adjustment of debts of municipalities.

1. Short title This Act may be cited as the Puerto Rico Chapter 9 Uniformity Act of 2014 . 2. Amendment Section 101(52) of title 11, United States Code, is amended to read as follows: (52) The term State includes Puerto Rico and, except for the purpose of defining who may be a debtor under chapter 9 of this title, includes the District of Columbia. .