PRRADA
USA117th CongressHR-1192| House
| Updated: 1/20/2022
Nydia M. Velázquez
Democratic Representative
New York
Cosponsors (8)
Energy and Natural Resources Committee, Judiciary Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA This bill requires professionals employed in debt adjustment cases involving Puerto Rico to file verified statements disclosing their connections with interested parties before seeking compensation for their services. The Financial Oversight and Management Board for Puerto Rico must establish a list of such interested parties, which shall include the debtor, creditors, any attorney or accountant of the debtor or creditors, persons employed by the U.S. Trustee Program, persons employed by the board, and any other interested party. Compensation may be denied to such a professional if these disclosures are not filed, are inadequate, or if the professional is found to have certain conflicts of interest.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on the Judiciary.
Ms. Jackson Lee moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H560-563)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1192.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H611-612)
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 429 - 0 (Roll no. 37). (text: 02/23/2020 CR H560-561)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
Committee on Energy and Natural Resources. Hearings held.
Committee on Energy and Natural Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Energy and Natural Resources. Reported by Senator Manchin with an amendment in the nature of a substitute. With written report No. 117-48. Additional views filed.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 182.
Passed Senate with an amendment by Unanimous Consent. (consideration: CR S9307-9308; text: CR S9307-9308)
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Message on Senate action sent to the House.
Presented to President.
Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.(text: CR H230-231)
Ms. Dean moved that the House suspend the rules and agree to the Senate amendment. (consideration: CR H230-232)
DEBATE - The House proceeded with forty minutes of debate on motion to agree to the Senate amendment to H.R. 1192.
On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote. (text: CR H230-231)
Motion to reconsider laid on the table Agreed to without objection.
Signed by President.
Became Public Law No: 117-82.
Law
Accounting and auditingBankruptcyCaribbean areaDebt collectionGovernment ethics and transparency, public corruptionLawyers and legal servicesLegal fees and court costsPuerto RicoU.S. territories and protectorates
PRRADA
USA117th CongressHR-1192| House
| Updated: 1/20/2022
Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA This bill requires professionals employed in debt adjustment cases involving Puerto Rico to file verified statements disclosing their connections with interested parties before seeking compensation for their services. The Financial Oversight and Management Board for Puerto Rico must establish a list of such interested parties, which shall include the debtor, creditors, any attorney or accountant of the debtor or creditors, persons employed by the U.S. Trustee Program, persons employed by the board, and any other interested party. Compensation may be denied to such a professional if these disclosures are not filed, are inadequate, or if the professional is found to have certain conflicts of interest.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on the Judiciary.
Ms. Jackson Lee moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H560-563)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1192.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H611-612)
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 429 - 0 (Roll no. 37). (text: 02/23/2020 CR H560-561)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
Committee on Energy and Natural Resources. Hearings held.
Committee on Energy and Natural Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Energy and Natural Resources. Reported by Senator Manchin with an amendment in the nature of a substitute. With written report No. 117-48. Additional views filed.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 182.
Passed Senate with an amendment by Unanimous Consent. (consideration: CR S9307-9308; text: CR S9307-9308)
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Message on Senate action sent to the House.
Presented to President.
Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.(text: CR H230-231)
Ms. Dean moved that the House suspend the rules and agree to the Senate amendment. (consideration: CR H230-232)
DEBATE - The House proceeded with forty minutes of debate on motion to agree to the Senate amendment to H.R. 1192.
On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote. (text: CR H230-231)
Motion to reconsider laid on the table Agreed to without objection.
Signed by President.
Became Public Law No: 117-82.
Nydia M. Velázquez
Democratic Representative
New York
Cosponsors (8)
Energy and Natural Resources Committee, Judiciary Committee
Law
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Accounting and auditingBankruptcyCaribbean areaDebt collectionGovernment ethics and transparency, public corruptionLawyers and legal servicesLegal fees and court costsPuerto RicoU.S. territories and protectorates