Bill · H.R. 7833· House(119-HR-7833)
Puerto Rican People’s Power Restoration Act of 2026
- Introduced
- 3/5/2026
- Last activity
- 3/5/2026 — Referred to the Committee on Natural Resources, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Sponsored by
- Raja Krishnamoorthi
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the ``Puerto Rican People's Power Restoration Act of 2026'', seeks to amend the Puerto Rico Oversight, Management, and Economic Stability Act. It provides for the potential termination of the Oversight Board if the Commonwealth of Puerto Rico enacts legislation establishing a successor entity. Additionally, the bill outlines how the Puerto Rico Electric Power Authority or a successor entity would take over debtor representation. It also dictates that existing professionals and counsel engaged by the Board would be retained by this new representative. Finally, the act includes rules of construction to ensure certain legal jurisdictions and fiscal plans remain unaffected during this transition.
Yes· 3 of 7
Does this leave more decisions to the states?+7
The bill increases local autonomy by allowing the Commonwealth of Puerto Rico to terminate the federal Oversight Board via local legislation.
Is this likely to grow the economy?+4
Ending the federal Oversight Board in favor of a local successor entity may increase local economic autonomy.
Does this strengthen the rights of workers to organise?+3
Transferring debtor representation to a local entity like the Puerto Rico Electric Power Authority potentially increases local agency over economic decisions.
The opposite
Does this give the federal government more power?-5
The bill reduces federal oversight by providing a mechanism to terminate the federal Oversight Board.
Who it would affect, and how
Potential Positive Impacts for People
-
Termination of the Oversight Board: The bill allows for the Oversight Board to terminate the day after the Commonwealth of Puerto Rico enacts legislation that establishes or designates a successor entity (Section 2).
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Transfer of Representation: The Puerto Rico Electric Power Authority, its governing board, or a successor entity can become the representative of the debtor for all cases initiated after the enactment of applicable legislation (Section 3).
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Continuity of Expertise: All professionals, advisors, and counsel previously engaged by the Oversight Board would be retained by the substituted representative, unless the legislation states otherwise (Section 3).
Potential Negative Impacts for People
- No specific negative impacts are explicitly detailed within the provided text of the bill.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Economic Growth+4Improves Union Protections+3
- Demographic And Interest Groups
- Good For Business Owners+3Good For Urban Residents+2
- Environment Energy And Infrastructure
- Improves Public Transit+2
- Governance And Ideology
- Increase States Rights+7Increases Federal Power-5
- Social Issues And Justice
- Improves Poverty Reduction+2
- 3/5/2026
- Referred to the Committee on Natural Resources, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 1 Cosponsor added.
- Introduced in House
Darren SotoDemocrat · Florida