Sec. 4. Federal funding for operation of oversight board and title III proceedings
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Section 107 of the Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2127 ) is amended— by striking subsection (b); and by inserting after subsection
(a)the following new subsections: There is authorized to be appropriated such sums as may be necessary to carry out the operations and proceedings of an Oversight Board under title III. If an Oversight Board determines, in its sole discretion, that funds made available to an Oversight Board for the operations and proceedings of an Oversight Board under title III exceed the amount required for those operations and proceedings during a fiscal year, the excess funds shall be remitted by the Executive Director to the Department of the Treasury not later than 30 days after the end of the fiscal year. .
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Sec. 4
Federal funding for operation of oversight board and title III proceedings
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