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SENATE 922118th CongressRead twice and referred to the Committee on Energy and Natural Resources.

Financial Oversight and Management Board Integrity Act of 2023

Last Action
3/22/2023

Actions

  • 2023-03-22Read twice and referred to the Committee on Energy and Natural Resources.
  • 2023-03-22Introduced in Senate

CRS Summary

As of 2023-03-22 (00)

Financial Oversight and Management Board Integrity Act of 2023

This bill disqualifies certain third-party advisory or consulting firms with a potential conflict of interest from advising a Financial Oversight and Management Board. Such a board has been established for Puerto Rico.

Specifically, a board must establish rules to disqualify any third-party advisory or consulting firm from advising the board for any period during which the firm has a client, or provides consulting services to, an individual, corporation, or other business entity that is competing for or performing a contract with the territorial government, the performance of which is within the board's jurisdiction.

Cosponsors (1)

  • Rick Scott (R-FL)
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.