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The Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) is a U.S. federal law enacted in 2016 that established a financial oversight board, a process for restructuring debt, and expedited procedures for approving critical infrastructure projects in order to combat the Puerto Rican government-debt crisis. Through PROMESA, the US Congress established an appointed Fiscal Control Board (FCB), known colloquially in Puerto Rico as "la junta," to oversee the debt restructuring. With this protection the then-governor of Puerto Rico, Alejandro García Padilla, suspended payments due on July 1, 2016. The FCB's approved fiscal austerity plan for 2017-2026 cut deeply into Puerto Rico's public service budget, including cuts to health care, pensions, and education, in order to repay c

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  • Ley PROMESA (es)
  • PROMESA (en)
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  • La Ley de Supervisión, Administración y Estabilidad Económica de Puerto Rico (en inglés: Puerto Rico Oversight, Management, and Economic Stability Act), comúnmente conocido como la ley PROMESA según las iniciales de la ley en inglés, es una ley federal de los Estados Unidos aprobado en 2016 para hacer frente a la .​ La ley permite que el gobierno de Puerto Rico entre en un procedimiento de .Con esta ley el gobierno estableció la Junta de Control Fiscal conocida coloquialmente como "la junta" para supervisar la restructuración de la deuda. El gobierno de Puerto Rico durante la administración de Alejandro García Padilla suspendió los pagos de deuda que el gobierno debía pagar para el 1 de julio del 2016.​ El plan fiscal aprobado para la junta (2017-2026) propone rectores significativos para (es)
  • The Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) is a U.S. federal law enacted in 2016 that established a financial oversight board, a process for restructuring debt, and expedited procedures for approving critical infrastructure projects in order to combat the Puerto Rican government-debt crisis. Through PROMESA, the US Congress established an appointed Fiscal Control Board (FCB), known colloquially in Puerto Rico as "la junta," to oversee the debt restructuring. With this protection the then-governor of Puerto Rico, Alejandro García Padilla, suspended payments due on July 1, 2016. The FCB's approved fiscal austerity plan for 2017-2026 cut deeply into Puerto Rico's public service budget, including cuts to health care, pensions, and education, in order to repay c (en)
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  • Puerto Rico Oversight, Management, and Economic Stability Act (en)
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introducedbill
  • H.R.4900 (en)
introducedby
  • Sean Duffy (en)
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introducedin
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committees
  • United States House Committee on Natural Resources Judiciary; Education and the Workforce (en)
enacted by
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  • To establish an Oversight Board to assist the Government of Puerto Rico, including instrumentalities, in managing its public finances, and for other purposes. (en)
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