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   &lt;pre&gt;[Congressional Record Volume 167, Number 33 (Monday, February 22, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Ms. VELAZQUEZ:H.R. 1192.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1The Congress shall have Power to . . . provide for the . .. general Welfare of the United States; . . .[Page H549]&lt;/pre&gt;
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     On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote. (text: CR H230-231)
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     DEBATE - The House proceeded with forty minutes of debate on motion to agree to the Senate amendment to H.R. 1192.
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     Ms. Dean moved that the House suspend the rules and agree to the Senate amendment. (consideration: CR H230-232)
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     Placed on Senate Legislative Calendar under General Orders. Calendar No. 182.
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     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)
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     17:27:52
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     Considered as unfinished business. (consideration: CR H611-612)
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     &lt;p&gt;&lt;b&gt;Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA&lt;/b&gt;&lt;/p&gt; &lt;p&gt;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. &lt;/p&gt; &lt;p&gt;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. &lt;/p&gt; &lt;p&gt;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.
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     &lt;p&gt;&lt;b&gt;Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA&lt;/b&gt;&lt;/p&gt; &lt;p&gt;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. &lt;/p&gt; &lt;p&gt;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. &lt;/p&gt; &lt;p&gt;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.
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     &lt;p&gt;&lt;b&gt;Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA&lt;/b&gt;&lt;/p&gt; &lt;p&gt;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. &lt;/p&gt; &lt;p&gt;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. &lt;/p&gt; &lt;p&gt;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.
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     &lt;p&gt;&lt;b&gt;Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA&lt;/b&gt;&lt;/p&gt; &lt;p&gt;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. &lt;/p&gt; &lt;p&gt;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. &lt;/p&gt; &lt;p&gt;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.
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   Congressional Research Service, Library of Congress
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   This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
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2022-01-20
9
Library of Congress
Became Public Law No: 117-82.
President
36000
2022-01-20
9
Library of Congress
Became Public Law No: 117-82.
BecameLaw
E30000
2022-01-20
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Library of Congress
Signed by President.
President
36000
2022-01-20
9
Library of Congress
Signed by President.
BecameLaw
E20000
2022-01-19
2
House floor actions
Presented to President.
Floor
28000
2022-01-19
9
Library of Congress
Presented to President.
President
H41931
2022-01-19
2
House floor actions
Motion to reconsider laid on the table Agreed to without objection.
ResolvingDifferences
H41610
2022-01-19
2
House floor actions
On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote. (text: CR H230-231)
ResolvingDifferences
19500
2022-01-19
9
Library of Congress
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)
NotUsed
H8D000
2022-01-19
2
House floor actions
DEBATE - The House proceeded with forty minutes of debate on motion to agree to the Senate amendment to H.R. 1192.
Floor
H40140
2022-01-19
2
House floor actions
Ms. Dean moved that the House suspend the rules and agree to the Senate amendment. (consideration: CR H230-232)
ResolvingDifferences
2021-12-20
Senate
Message on Senate action sent to the House.
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2021-12-18
Senate
Passed Senate with an amendment by Unanimous Consent. (consideration: CR S9307-9308; text: CR S9307-9308)
Floor
17000
2021-12-18
9
Library of Congress
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
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2021-12-13
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2021-12-13
Energy and Natural Resources Committee
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2021-12-13
Energy and Natural Resources Committee
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Library of Congress
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.
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2021-11-18
Energy and Natural Resources Committee
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Committee on Energy and Natural Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.
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2021-07-29
Energy and Natural Resources Committee
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Committee on Energy and Natural Resources. Hearings held.
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2021-02-25
Energy and Natural Resources Committee
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Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
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2021-02-24
2
House floor actions
Motion to reconsider laid on the table Agreed to without objection.
Floor
H37300
2021-02-24
2
House floor actions
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)
Floor
8000
2021-02-24
9
Library of Congress
Passed/agreed to in House: 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)
Floor
H30000
2021-02-24
2
House floor actions
Considered as unfinished business. (consideration: CR H611-612)
Floor
H37220
2021-02-23
2
House floor actions
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.
Floor
H8D000
2021-02-23
2
House floor actions
DEBATE - The House proceeded with forty minutes of debate on H.R. 1192.
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H30000
2021-02-23
2
House floor actions
Considered under suspension of the rules. (consideration: CR H560-563)
Floor
H30300
2021-02-23
2
House floor actions
Ms. Jackson Lee moved to suspend the rules and pass the bill.
Floor
H11100
2021-02-22
Judiciary Committee
hsju00
2
House floor actions
Referred to the House Committee on the Judiciary.
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2021-02-22
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Library of Congress
Introduced in House
IntroReferral
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2021-02-22
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Library of Congress
Introduced in House
IntroReferral
S. Rept. 117-48
2021-12-13T22:09:18Z
Reported by
2021-11-18T15:10:33Z
Markup by
2021-07-29T14:01:42Z
Hearings by
2021-02-25T18:40:04Z
Referred to
Senate
Energy and Natural Resources Committee
sseg00
Standing
2021-02-22T16:31:45Z
Referred to
House
Judiciary Committee
hsju00
Standing
B001302
5
Andy
Rep. Biggs, Andy [R-AZ-5]
Biggs
R
2021-02-22
AZ
R000606
8
Jamie
Rep. Raskin, Jamie [D-MD-8]
Raskin
D
2021-02-22
MD
G000551
3
Raúl
Rep. Grijalva, Raúl M. [D-AZ-3]
Grijalva
M.
D
2021-02-22
AZ
C001084
1
David
Rep. Cicilline, David N. [D-RI-1]
Cicilline
N.
D
2021-02-22
RI
J000298
7
Pramila
Rep. Jayapal, Pramila [D-WA-7]
Jayapal
D
2021-02-22
WA
G000582
0
Jenniffer
Resident Commissioner González-Colón, Jenniffer [R-PR-At Large]
Gonzalez-Colon
R
2021-02-22
PR
S001200
9
Darren
Rep. Soto, Darren [D-FL-9]
Soto
D
2021-02-23
FL
S001193
15
Eric
Rep. Swalwell, Eric [D-CA-15]
Swalwell
D
2021-02-24
CA
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
2021-02-22
2022-01-20
Became Public Law No: 117-82.
117-82
Public Law
House
Law
2021-07-29
Committee on Energy and Natural Resources. Hearings held.
CRS
Identical bill
PRRADA
S
V000081
7
NYDIA
Rep. Velazquez, Nydia M. [D-NY-7]
N
VELAZQUEZ
M.
D
NY
Accounting and auditing Bankruptcy Caribbean area Debt collection Finance and Financial Sector Government ethics and transparency, public corruption Lawyers and legal services Legal fees and court costs Puerto Rico U.S. territories and protectorates
2021-02-22
Introduced in House
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>This bill requires professionals employed in debt adjustment cases involving Puerto Rico to file verified statements disclosing their connections with the debtor, creditors, and other interested parties before seeking compensation for their services. </p>
2021-03-04T18:11:54Z
00
2021-02-24
Passed House
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>This bill requires professionals employed in debt adjustment cases involving Puerto Rico to file verified statements disclosing their connections with the debtor, creditors, and other interested parties before seeking compensation for their services. </p>
2021-04-15T13:39:04Z
53
2021-12-13
Reported to Senate
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>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. </p> <p>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. </p> <p>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.
2022-01-25T18:48:44Z
25
2021-12-18
Passed Senate
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>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. </p> <p>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. </p> <p>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.
2022-01-21T16:00:45Z
55
2022-01-19
House agreed to Senate amendment
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>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. </p> <p>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. </p> <p>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.
2022-01-25T18:48:54Z
59
2022-01-20
Public Law
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>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. </p> <p>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. </p> <p>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.
2022-01-25T18:49:02Z
49
Enrolled Bill
https://www.govinfo.gov/content/pkg/BILLS-117hr1192enr/xml/BILLS-117hr1192enr.xml
2021-12-18T05:00:00Z
Engrossed Amendment Senate
https://www.govinfo.gov/content/pkg/BILLS-117hr1192eas/xml/BILLS-117hr1192eas.xml
2021-12-13T05:00:00Z
Reported to Senate
https://www.govinfo.gov/content/pkg/BILLS-117hr1192rs/xml/BILLS-117hr1192rs.xml
2021-02-25T05:00:00Z
Referred in Senate
https://www.govinfo.gov/content/pkg/BILLS-117hr1192rfs/xml/BILLS-117hr1192rfs.xml
2021-02-24T05:00:00Z
Engrossed in House
https://www.govinfo.gov/content/pkg/BILLS-117hr1192eh/xml/BILLS-117hr1192eh.xml
2021-02-22T05:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr1192ih/xml/BILLS-117hr1192ih.xml
2022-01-21T04:59:59Z
Public Law
https://www.govinfo.gov/content/pkg/PLAW-117publ82/uslm/PLAW-117publ82.xml
PRRADA
PRRADA
Display Title
EH
Engrossed in House
H
House
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Title(s) as Passed House
EH
Engrossed in House
H
House
PRRADA
Short Title(s) as Passed House
IH
Introduced in House
PRRADA
Short Title(s) as Introduced
IH
Introduced in House
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Title(s) as Introduced
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Titles as Enacted
PRRADA
Short Titles as Enacted
PRRADA
Other Short Titles
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Other Short Titles
IH
Introduced in House
To impose requirements on the payment of compensation to professional persons employed in voluntary cases commenced under title III of the Puerto Rico Oversight Management and Economic Stability Act (commonly known as "PROMESA").
Official Title as Introduced
S
Senate
PRRADA
Short Titles as Passed Senate
S
Senate
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Titles as Passed Senate
RS
Reported to Senate
S
Senate
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Title(s) as Reported to Senate
RS
Reported to Senate
S
Senate
PRRADA
Short Title(s) as Reported to Senate
H
House
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Titles as Passed House
H
House
PRRADA
Short Titles as Passed House
HR
2023-03-09T17:47:08Z
2023-03-09T17:47:08Z
3.0.0
2021-07-29
Committee on Energy and Natural Resources. Hearings held.
CRS
Identical bill
PRRADA
S
E40000
2022-01-20
9
Library of Congress
Became Public Law No: 117-82.
President
36000
2022-01-20
9
Library of Congress
Became Public Law No: 117-82.
BecameLaw
E30000
2022-01-20
9
Library of Congress
Signed by President.
President
36000
2022-01-20
9
Library of Congress
Signed by President.
BecameLaw
E20000
2022-01-19
2
House floor actions
Presented to President.
Floor
28000
2022-01-19
9
Library of Congress
Presented to President.
President
H41931
2022-01-19
2
House floor actions
Motion to reconsider laid on the table Agreed to without objection.
ResolvingDifferences
H41610
2022-01-19
2
House floor actions
On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote. (text: CR H230-231)
ResolvingDifferences
19500
2022-01-19
9
Library of Congress
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)
NotUsed
H8D000
2022-01-19
2
House floor actions
DEBATE - The House proceeded with forty minutes of debate on motion to agree to the Senate amendment to H.R. 1192.
Floor
H40140
2022-01-19
2
House floor actions
Ms. Dean moved that the House suspend the rules and agree to the Senate amendment. (consideration: CR H230-232)
ResolvingDifferences
2021-12-20
Senate
Message on Senate action sent to the House.
Floor
2021-12-18
Senate
Passed Senate with an amendment by Unanimous Consent. (consideration: CR S9307-9308; text: CR S9307-9308)
Floor
17000
2021-12-18
9
Library of Congress
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Floor
2021-12-13
Senate
Placed on Senate Legislative Calendar under General Orders. Calendar No. 182.
Calendars
2021-12-13
Energy and Natural Resources Committee
sseg00
Senate
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.
Committee
14000
2021-12-13
Energy and Natural Resources Committee
sseg00
9
Library of Congress
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.
Committee
2021-11-18
Energy and Natural Resources Committee
sseg00
Senate
Committee on Energy and Natural Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee
2021-07-29
Energy and Natural Resources Committee
sseg00
Senate
Committee on Energy and Natural Resources. Hearings held.
Committee
2021-02-25
Energy and Natural Resources Committee
sseg00
Senate
Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
IntroReferral
H38310
2021-02-24
2
House floor actions
Motion to reconsider laid on the table Agreed to without objection.
Floor
H37300
2021-02-24
2
House floor actions
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)
Floor
8000
2021-02-24
9
Library of Congress
Passed/agreed to in House: 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)
Floor
H30000
2021-02-24
2
House floor actions
Considered as unfinished business. (consideration: CR H611-612)
Floor
H37220
2021-02-23
2
House floor actions
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.
Floor
H8D000
2021-02-23
2
House floor actions
DEBATE - The House proceeded with forty minutes of debate on H.R. 1192.
Floor
H30000
2021-02-23
2
House floor actions
Considered under suspension of the rules. (consideration: CR H560-563)
Floor
H30300
2021-02-23
2
House floor actions
Ms. Jackson Lee moved to suspend the rules and pass the bill.
Floor
H11100
2021-02-22
Judiciary Committee
hsju00
2
House floor actions
Referred to the House Committee on the Judiciary.
IntroReferral
Intro-H
2021-02-22
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-02-22
9
Library of Congress
Introduced in House
IntroReferral
V000081
7
NYDIA
Rep. Velazquez, Nydia M. [D-NY-7]
N
VELAZQUEZ
M.
D
NY
B001302
5
Andy
Rep. Biggs, Andy [R-AZ-5]
Biggs
R
2021-02-22
AZ
R000606
8
Jamie
Rep. Raskin, Jamie [D-MD-8]
Raskin
D
2021-02-22
MD
G000551
3
Raúl
Rep. Grijalva, Raúl M. [D-AZ-3]
Grijalva
M.
D
2021-02-22
AZ
C001084
1
David
Rep. Cicilline, David N. [D-RI-1]
Cicilline
N.
D
2021-02-22
RI
J000298
7
Pramila
Rep. Jayapal, Pramila [D-WA-7]
Jayapal
D
2021-02-22
WA
G000582
0
Jenniffer
Resident Commissioner González-Colón, Jenniffer [R-PR-At Large]
Gonzalez-Colon
R
2021-02-22
PR
S001200
9
Darren
Rep. Soto, Darren [D-FL-9]
Soto
D
2021-02-23
FL
S001193
15
Eric
Rep. Swalwell, Eric [D-CA-15]
Swalwell
D
2021-02-24
CA
Accounting and auditing Bankruptcy Caribbean area Debt collection Finance and Financial Sector Government ethics and transparency, public corruption Lawyers and legal services Legal fees and court costs Puerto Rico U.S. territories and protectorates
2021-02-22
Introduced in House
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>This bill requires professionals employed in debt adjustment cases involving Puerto Rico to file verified statements disclosing their connections with the debtor, creditors, and other interested parties before seeking compensation for their services. </p>
2021-03-04T18:11:54Z
00
2021-02-24
Passed House
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>This bill requires professionals employed in debt adjustment cases involving Puerto Rico to file verified statements disclosing their connections with the debtor, creditors, and other interested parties before seeking compensation for their services. </p>
2021-04-15T13:39:04Z
53
2021-12-13
Reported to Senate
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>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. </p> <p>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. </p> <p>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.
2022-01-25T18:48:44Z
25
2021-12-18
Passed Senate
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>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. </p> <p>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. </p> <p>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.
2022-01-21T16:00:45Z
55
2022-01-19
House agreed to Senate amendment
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>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. </p> <p>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. </p> <p>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.
2022-01-25T18:48:54Z
59
2022-01-20
Public Law
 <p><b>Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA</b></p> <p>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. </p> <p>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. </p> <p>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.
2022-01-25T18:49:02Z
49
PRRADA
PRRADA
Display Title
EH
Engrossed in House
H
House
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Title(s) as Passed House
EH
Engrossed in House
H
House
PRRADA
Short Title(s) as Passed House
IH
Introduced in House
PRRADA
Short Title(s) as Introduced
IH
Introduced in House
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Title(s) as Introduced
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Titles as Enacted
PRRADA
Short Titles as Enacted
PRRADA
Other Short Titles
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Other Short Titles
IH
Introduced in House
To impose requirements on the payment of compensation to professional persons employed in voluntary cases commenced under title III of the Puerto Rico Oversight Management and Economic Stability Act (commonly known as "PROMESA").
Official Title as Introduced
S
Senate
PRRADA
Short Titles as Passed Senate
S
Senate
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Titles as Passed Senate
RS
Reported to Senate
S
Senate
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Title(s) as Reported to Senate
RS
Reported to Senate
S
Senate
PRRADA
Short Title(s) as Reported to Senate
H
House
Puerto Rico Recovery Accuracy in Disclosures Act of 2021
Short Titles as Passed House
H
House
PRRADA
Short Titles as Passed House
2022-01-20
Became Public Law No: 117-82.