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United States · Bill · HR

H.R. 2526 (116th)

United States Territorial Relief Act of 2019

referredUnited States· United States Congress· EN

Introduced

3 May 2019

Last action

3 May 2019 · Introduced

Status

Referred to the Committee on Natural Resources, and in addition to the Committees on the Judiciary, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Rep. Velázquez, Nydia M. [D-NY-7], Rep. Clarke, Yvette D. [D-NY-9], Rep. Espaillat, Adriano [D-NY-13], Sen. Gallego, Ruben [D-AZ], Rep. Jayapal, Pramila [D-WA-7], Rep. Khanna, Ro [D-CA-17], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Sires, Albio [D-NJ-13], Rep. Soto, Darren [D-FL-9], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. García, Jesús G. "Chuy" [D-IL-4], Rep. McGovern, James P. [D-MA-2], Rep. Rush, Bobby L. [D-IL-1], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Ocasio-Cortez, Alexandria [D-NY-14], Rep. Kennedy, Joseph P., III [D-MA-4]

Subjects

Discovery layer

Source updated

5 December 2025

Official sourceDownload fileView documentsShare

Summary

United States Territorial Relief Act of 2019 This bill establishes a process under which Puerto Rico and other U.S. territories may terminate certain debts if they meet eligibility criteria. The bill allows territories to terminate their public, unsecured debt if they meet two of three criteria: the population of the territory has decreased by more than 5% over 10 years, the territory received major federal disaster assistance, or the territory's per capita debt exceeds $15,000. If Puerto Rico discharges its debt under this process, the bill provides funding that a special master must allocate to certain creditors whose debts were discharged. The bill also establishes a Puerto Rico Public Credit Comprehensive Audit Commission.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 3 May 2019

    Introduced

    Referred to the Committee on Natural Resources, and in addition to the Committees on the Judiciary, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 3 May 2019

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 3 May 2019

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 3 May 2019

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 3 May 2019

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 3 May 2019

    Open at official source

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Sponsors

Related records

Sources

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