H.R. 870 (114th Congress)
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{{Infobox United States federal proposed legislation
| name = Super Chapter 9
| fullname = 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.
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| introduced in the = 114th
| sponsored by = Rep. Pedro R. Pierluisi (D-PR-At Large)
| number of co-sponsors = 41
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| sections affected = {{USC|11|101(52)}}
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| introducedin = House
| introducedbill = {{USBill|114|hr|870}}
| introducedby = Rep. Pedro R. Pierluisi (D-PR-At Large)
| introduceddate = February 11, 2015
| committees = United States House Committee on the Judiciary, United States House Judiciary Subcommittee on Regulatory Reform, Commercial and Antitrust Law
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{{USBill|114|hr|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.[https://www.govtrack.us/congress/bills/114/hr870 H.R. 870: Puerto Rico Chapter 9 Uniformity Act of 2015]. govtrack.us. Retrieved April 14, 2016.[http://www.martindale.com/legal-news/article_Jones-Day_2199534.htm Recap of House Subcommittee Hearing on Puerto Rico Chapter 9 Uniformity Act of 2015—H.R. 870 ]. martindale.com. Retrieved April 14, 2016.[http://www.credittoday.net/public/Chapter_9_Bankruptcies_States_Too_on_the_Rise_What_it_Means_to_the_Credit_Professional.cfm Chapter 9 Bankruptcies (States Too?) on the Rise? What it Means to the Credit Professional]. credittoday.net. Retrieved April 14, 2016.[https://money.cnn.com/2015/10/22/news/economy/obama-white-house-puerto-rico-rescue-plan/ President Obama is trying to rescue Puerto Rico from its debt crisis.]. Retrieved April 14, 2016.[https://www.publicfinancematters.com/2016/02/draft-treasury-legislation-would-give-puerto-rico-access-to-super-chapter-9-and-chapter-9-bankruptcy/ Draft Treasury Legislation Would Give Puerto Rico Access to “Super Chapter 9” and Chapter 9 Bankruptcy]. publicfinancematters.com. Retrieved April 14, 2016. {{As of|April 2016}}, the bill had gained 41 cosponsors.{{cite web|title=Cosponsors: H.R.870 — 114th Congress (2015-2016)|url=https://www.congress.gov/bill/114th-congress/house-bill/870/cosponsors|website=congress.gov|date=16 March 2015|accessdate=April 15, 2016}}
See also
References
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External links
- [https://www.congress.gov/bill/114th-congress/house-bill/870/all-info All Bill Information (Except Text) for H.R.870 - Puerto Rico Chapter 9 Uniformity Act of 2015]
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Category:Proposed legislation of the 114th United States Congress
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