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A concurrent resolution recognizing the need for a sustainable, economically viable, and fair debt restructuring plan for the Puerto Rico Electric Power Authority.

S.Con.Res. 12 Sen. Robert Menendez (D-NJ) In committee
  1. Introduced Jul 12
  2. Committee Jul 12
  3. Agreed to in Senate Next
  4. Agreed to in House Not yet
Where it stands
In committee, Jul 12, 2023Next: Senate vote
1204d ago Jul 12, 2023: Referred to the Committee on Energy and Natural Resources. (text: CR S2367-2368)
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Summary

This concurrent resolution recognizes the importance of the debt adjustment proceeding for the Puerto Rico Electric Power Authority (PREPA). The concurrent resolution also urges the Financial Oversight and Management Board for Puerto Rico to put forth a PREPA restructuring plan that is economically viable, allows for the rehabilitation of Puerto Rico's electrical system, and does not impose additional increases to electric rates.

Library of Congress summary, Jul 12, 2023

Summary versions
  • Introduced in SenateJul 12, 2023

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.