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Code · BILL · 115th Congress · H.R. 6827 (Introduced in House) — To provide the option of discharging certain unsecured financial obligations of self-governing territories of the Uni... · Sec. 306

Sec. 306. Membership

519 words·~2 min read·/bill/115/hr/6827/ih/section-306·

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The Commission shall be composed of— the Executive Director of the Puerto Rico Institute of Statistics, or the designee of the Executive Director; and the following individuals, who shall be appointed not later than 180 days after the date of enactment of this Act by the Governor of the Commonwealth of Puerto Rico to serve on the Commission: One representative of each parliamentary majority in the Legislative Assembly. One representative of each parliamentary minority in the Legislative Assembly.
One professor of economics from any public higher education institution located in the Commonwealth of Puerto Rico. One professor of finance from any public higher education institution located in the Commonwealth of Puerto Rico. One professor of accounting from any public higher education institution located in the Commonwealth of Puerto Rico. One professor of statistics from any public higher education institution located in the Commonwealth of Puerto Rico. One professor of law from any public higher education institution located in the Commonwealth of Puerto Rico.
One representative of the labor union sector in the Commonwealth of Puerto Rico. One representative of the business community in the Commonwealth of Puerto Rico, with preference given to a representative from a small- or medium-sized business located in the Commonwealth of Puerto Rico. One representative of the cooperative sector in the Commonwealth of Puerto Rico. One professor of sociology from any public higher education institution who has published work in one or more peer-reviewed journals that indicates expertise in data relating to Puerto Rico.
One individual who is a translator or interpreter of English and Spanish. After each of the members of the Commission are appointed under subsection (a), the members of the Commission shall elect from among the members of the Commission 1 individual to serve as the Chairperson of the Commission. The Chairperson of the Commission shall— call and preside over meetings of the Commission; and be the legal representative of the Commission. In the case of a tie vote among the members of the Commission, the vote of the Chairperson shall be determinative.
Members of the Commission shall be appointed for the life of the Commission. Any vacancy in the Commission shall not affect the powers of the Commission but shall be filled in the same manner as the original appointment or election. If, on the date of enactment of this Act, the Puerto Rico Institute of Statistics has been disbanded or reorganized to be a part of another government department of the Commonwealth of Puerto Rico, the individual who was the Executive Director of the Puerto Rico Institute of Statistics on the day before the date of such disbanding or reorganization shall be named to the Commission.
If the Governor of the Commonwealth of Puerto Rico fails to appoint any member of the Commission described under subsection (a)(2) during the period described in that subsection, not later than 180 days after the expiration of that period, the President of the Senate of the Commonwealth of Puerto Rico and the Speaker of the House of Representatives of the Commonwealth of Puerto Rico shall jointly appoint any member that has not been appointed.
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