Puerto Rico RCC 278: To include as part of the General Budget of Expenses of the Government of Puerto Rico for Fiscal Year 2022, a budget appropriation of $23,187,805,819 for the payments set forth in the Plan of Adjustment confirmed by the Title III Court in compliance with the provisions of the federal statute known as the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA); to amend the Joint Resolution of the General Budget for Fiscal Year 2022 to appropriate funds from General Fund of the State Treasury for the operating expenses of the Government of Puerto Rico for the fiscal year ending June 30, 2022; appropriate funds to the Department of Treasury for payments as set forth in the Plan of Adjustment; provide that, in the event the final amounts are lower than expected, any unused appropriations are to be returned to the General Fund; to require the Department of Treasury to submit to the Oversight Board the amounts and supporting calculations to finalize certain payments; and for other related purposes.

Status: Comisión no recomienda aprobación de la medida (as of 2022-03-10)

State: Puerto Rico · Session: 2021-2024 · Bill: RCC 278

Sponsors: Jesús Santa Rodríguez, Rafael Hernández Montañez

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