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Bill > HR4853


US HR4853

US HR4853
Legislative Reports on Estimates of Expenses and Impacts on Revenues of Bills and Laws Under PROMESA Act


summary

Introduced
07/25/2023
In Committee
07/25/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To amend PROMESA to authorize the legislature and require the Oversight Board to take into consideration reports prepared by the relevant Budget Office, and for other purposes.

AI Summary

This bill amends the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) to authorize the Puerto Rico legislature and require the Oversight Board to consider reports prepared by the legislature's Budget Office. These reports would provide estimates of expenses and impacts on revenues for bills approved by the legislature, allowing the Oversight Board to take this information into account when evaluating the fiscal impact of proposed legislation under PROMESA. The bill aims to ensure that the Oversight Board's analysis and determinations regarding the fiscal implications of bills and laws in Puerto Rico incorporate the legislature's own assessments.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Referred to the House Committee on Natural Resources. (on 07/25/2023)

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