H.R. 870 (114th Congress)

H.R. 870, long title "to amend Title 11 of the United States Code to treat Puerto Rico as a State for purposes of chapter 9 of such title relating to the adjustment of debts of municipalities," is a bill to amend section 101(52) of Title 11 of the United States Code, to define Puerto Rico as a state regarding Chapter 9 bankruptcy protections. Its short title is the "Puerto Rico Chapter 9 Uniformity Act of 2015" and it has been called "Super Chapter 9" in public debates.[1][2][3][4][5] As of April 2016, the bill had gained 41 cosponsors.[6]

Super Chapter 9
Great Seal of the United States
Long titleTo amend title 11 of the United States Code to treat Puerto Rico as a State for purposes of chapter 9 of such title relating to the adjustment of debts of municipalities.
Announced inthe 114th United States Congress
Sponsored byRep. Pedro R. Pierluisi (D-PR-At Large)
Number of co-sponsors41
Codification
U.S.C. sections affected11 U.S.C. § 101(52)
Legislative history

See also

References
  1. H.R. 870: Puerto Rico Chapter 9 Uniformity Act of 2015. govtrack.us. Retrieved April 14, 2016.
  2. Recap of House Subcommittee Hearing on Puerto Rico Chapter 9 Uniformity Act of 2015—H.R. 870 . martindale.com. Retrieved April 14, 2016.
  3. Chapter 9 Bankruptcies (States Too?) on the Rise? What it Means to the Credit Professional. credittoday.net. Retrieved April 14, 2016.
  4. President Obama is trying to rescue Puerto Rico from its debt crisis.. Retrieved April 14, 2016.
  5. Draft Treasury Legislation Would Give Puerto Rico Access to “Super Chapter 9” and Chapter 9 Bankruptcy. publicfinancematters.com. Retrieved April 14, 2016.
  6. "Cosponsors: H.R.870 — 114th Congress (2015-2016)". congress.gov. 16 March 2015. Retrieved April 15, 2016.

Public Domain This article incorporates public domain material from websites or documents of the United States Government.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.