Puerto Rico Chapter 9 Uniformity Act Of 2015
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Puerto Rico Chapter 9 Uniformity Act Of 2015
, 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.Draft Treasury Legislation Would Give Puerto Rico Access to “Super Chapter 9” and Chapter 9 Bankruptcy
publicfinancematters.com. Retrieved April 14, 2016. , the bill had gained 41 cosponsors.
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Pedro Pierluisi
Pedro Rafael Pierluisi Urrutia (born April 26, 1959) is a Puerto Rican politician and lawyer currently serving as governor of Puerto Rico. He has previously served as Secretary of Justice, Resident Commissioner, acting Secretary of State, interim governor of Puerto Rico and as private attorney for Puerto Rico's fiscal oversight board under the Puerto Rico Oversight, Management, and Economic Stability Act. Early life and education Pierluisi was born on April 26, 1959, in San Juan, Puerto Rico. His parents are Jorge Pierluisi Díaz and Doris Urrutia. He attended Colegio Marista Guaynabo in Guaynabo, graduating in 1977. In 1981, he received a Bachelor of Arts degree in American History from Tulane University, and later earned a Juris Doctor degree from George Washington University Law School in 1984. He was President of the Puerto Rico Statehood Students Association chapter at Tulane University. During his studies at George Washington University, Pierluisi interned at the co ...
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United States House Committee On The Judiciary
The U.S. House Committee on the Judiciary, also called the House Judiciary Committee, is a standing committee of the United States House of Representatives. It is charged with overseeing the administration of justice within the federal courts, administrative agencies and Federal law enforcement entities. The Judiciary Committee is also the committee responsible for impeachments of federal officials. Because of the legal nature of its oversight, committee members usually have a legal background, but this is not required. In the 117th Congress, the chairman of the committee is Democrat Jerry Nadler of New York, and the ranking minority member is Republican Jim Jordan of Ohio. History The committee was created on June 3, 1813 for the purpose of considering legislation related to the judicial system. This committee approved articles of impeachment against Presidents in five instances: Andrew Johnson (1867 and 1868), Richard Nixon (1974), Bill Clinton (1998), and Donald Trump (2 ...
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United States House Judiciary Subcommittee On Regulatory Reform, Commercial And Antitrust Law
United States House Judiciary Subcommittee on Administrative State, Regulatory Reform, and Antitrust is a subcommittee within the United States House Committee on the Judiciary, House Committee on the Judiciary. The Subcommittee's equivalent in the United States Senate, Senate is the United States Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights, Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights. It was previously known as the Subcommittee on Antitrust, Commercial and Administrative Law. Jurisdiction Bankruptcy and commercial law, bankruptcy judgeships, administrative law, independent counsel, state taxation affecting interstate commerce, interstate compacts, antitrust matters, other appropriate matters as referred by the Chairman, and relevant oversight. Members, 118th Congress To be confirmed. Historical membership rosters 117th Congress 116th Congress 115th Congress Significant hearings * Equal Justice fo ...
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Title 11 Of The United States Code
Title 11 of the United States Code, also known as the United States Bankruptcy Code, is the source of bankruptcy law in the United States Code. Chapters Title 11 is subdivided into nine chapters. It used to include more chapters, but some of them have since been repealed in their entirety. The nine chapters are: *Chapter 1: General Provisions *Chapter 3: Case Administration *Chapter 5: Creditors, the Debtor and the Estate * Chapter 7: Liquidation * Chapter 9 : Adjustment of Debts of a Municipality *Chapter 11: Reorganization *Chapter 12: Adjustment of Debts of a Family Farmer or Fisherman with Regular Annual Income *Chapter 13: Adjustment of Debts of an Individual with Regular Income * Chapter 15: Ancillary and Other Cross-Border Cases References Further reading External linksUnited States Bankruptcy Codevia usbankruptcycode.orgU.S. Code Title 11 via United States Government Publishing OfficeU.S. Code Title 11 via Cornell University Cornell University is a private stat ...
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Puerto Rico
Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and Unincorporated territories of the United States, unincorporated territory of the United States. It is located in the northeast Caribbean Sea, approximately southeast of Miami, Florida, between the Dominican Republic and the United States Virgin Islands, U.S. Virgin Islands, and includes the eponymous main island and several smaller islands, such as Isla de Mona, Mona, Culebra, Puerto Rico, Culebra, and Vieques, Puerto Rico, Vieques. It has roughly 3.2 million residents, and its Capital city, capital and Municipalities of Puerto Rico, most populous city is San Juan, Puerto Rico, San Juan. Spanish language, Spanish and English language, English are the official languages of the executive branch of government, though Spanish predominates. Puerto Rico ...
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Chapter 9, Title 11, United States Code
Chapter 9, Title 11, United States Code is a chapter of the United States Bankruptcy Code, available exclusively to municipalities and assisting them in the restructuring of their debt. On July 18, 2013, Detroit, Michigan became the largest city in the history of the United States to file for Chapter 9 bankruptcy protection. Jefferson County, Alabama, in 2011, and Orange County, California, in 1994, are also notable examples. The term 'municipality' denotes "a political subdivision or public agency or instrumentality of a State," but does not include a state itself. States are therefore unable to file for bankruptcy, even though they have defaulted in their obligations. History The first municipal bankruptcy legislation was enacted in 1934 during the Great Depression. Although Congress attempted to draft the legislation so as not to interfere with the sovereign powers of the states guaranteed by the Tenth Amendment to the Constitution, the Supreme Court held the 1934 Act u ...
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List Of Bills In The 114th United States Congress
The bills of the 114th United States Congress list includes proposed federal laws that were introduced in the 114th United States Congress. This Congress lasted from January 3, 2015 to January 3, 2017. The United States Congress is the bicameral legislature of the federal government of the United States consisting of two houses: the lower house known as the House of Representatives and the upper house known as the Senate. The House and Senate are equal partners in the legislative process—legislation cannot be enacted without the consent of both chambers. The bills listed below are arranged on the basis of which chamber they were first introduced in, and then chronologically by date. Once a bill is approved by one house, it is sent to the other which may pass, reject, or amend it. For the bill to become law, both houses must agree to identical versions of the bill. After passage by both houses, a bill is enrolled and sent to the president for signature or veto. Bills from t ...
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