United States · Bill · HR
H.R. 7409 (117th)
TRUST for Puerto Rico Act of 2022
Introduced
5 April 2022
Last action
1 November 2022 · Referred
Status
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Sponsors
Rep. Torres, Ritchie [D-NY-15], Rescom. González-Colón, Jenniffer [R-PR-At Large], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Soto, Darren [D-FL-9], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Crist, Charlie [D-FL-13], Rep. Espaillat, Adriano [D-NY-13], Rep. Meng, Grace [D-NY-6], Rep. Suozzi, Thomas R. [D-NY-3], Rep. García, Jesús G. "Chuy" [D-IL-4], Rep. Porter, Katie [D-CA-47], Rep. Ocasio-Cortez, Alexandria [D-NY-14], Rep. McGovern, James P. [D-MA-2], Rep. Boyle, Brendan F. [D-PA-2]
Subjects
Taxation, Budget
Source updated
3 January 2025
Summary
Territorial Relief Under Sustainable Transitions for Puerto Rico Act of 2022 or the TRUST for Puerto Rico Act of 2022 This bill modifies the conditions for the termination of the oversight board for Puerto Rico. Specifically, the oversight board must terminate not later than 90 days after certification by the board for at least two consecutive fiscal years that (1) the territorial government has developed its budgets in accordance with modified accrual accounting standards; and (2) the expenditures made by the territorial government during each fiscal year did not exceed its revenues, as determined in accordance with such standards and without regard to whether the applicable budget provides for the payment of debt service. The bill also sets forth provisions regarding the transition of oversight from an oversight board to a territorial government.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
5 April 2022
Introduced
Referred to the Committee on Natural Resources, and in addition to the Committee on the Judiciary, 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
5 April 2022
Introduced
Introduced in House
Source: IntroReferral
5 April 2022
Introduced
Introduced in House
Source: IntroReferral
1 November 2022
Referred
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 5 April 2022 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 5 April 2022
Introduced in House (PDF)
Introduced in House · EN · 5 April 2022
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Introduced in House
summary · EN · 5 April 2022
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Torres, Ritchie [D-NY-15] · D · Sponsor
- Rescom. González-Colón, Jenniffer [R-PR-At Large] · R · Sponsor
- Rep. Velázquez, Nydia M. [D-NY-7] · D · Sponsor
- Rep. Soto, Darren [D-FL-9] · D · Sponsor
- Rep. Grijalva, Raúl M. [D-AZ-7] · D · Sponsor
- Rep. Crist, Charlie [D-FL-13] · D · Cosponsor
- Rep. Espaillat, Adriano [D-NY-13] · D · Cosponsor
- Rep. Meng, Grace [D-NY-6] · D · Cosponsor
- Rep. Suozzi, Thomas R. [D-NY-3] · D · Cosponsor
- Rep. García, Jesús G. "Chuy" [D-IL-4] · D · Cosponsor
- Rep. Porter, Katie [D-CA-47] · D · Cosponsor
- Rep. Ocasio-Cortez, Alexandria [D-NY-14] · D · Cosponsor
- Rep. McGovern, James P. [D-MA-2] · D · Cosponsor
- Rep. Boyle, Brendan F. [D-PA-2] · D · Cosponsor
- · hsju00 · Standing
- · hsii00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/house-bill/7409
- Open data entity: https://api.congress.gov/v3/bill/117/hr/7409
- us · 117-hr-7409 · source updated 3 January 2025