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SENATE 375117th CongressCommittee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 117-447.

PRRADA

Last Action
7/29/2021

Actions

  • 2021-07-29Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 117-447.
  • 2021-02-23Read twice and referred to the Committee on Energy and Natural Resources.
  • 2021-02-23Introduced in Senate

CRS Summary

As of 2021-02-23 (00)

Puerto Rico Recovery Accuracy in Disclosures Act of 2021 or PRRADA

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.

Cosponsors (6)

  • Mazie Hirono (D-HI)
  • Richard Blumenthal (D-CT)
  • Marco Rubio (R-FL)
  • Debbie Stabenow (D-MI)
  • Roger Wicker (R-MS)
  • Ron Wyden (D-OR)

Subjects

  • Accounting and auditing
  • Bankruptcy
  • Caribbean area
  • Debt collection
  • Government ethics and transparency, public corruption
  • Lawyers and legal services
  • Legal fees and court costs
  • Puerto Rico
  • U.S. territories and protectorates
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.