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Code · BILL · 116th Congress · S. 1312 (Introduced in Senate) — To provide the option of discharging certain unsecured financial obligations of self-governing territories of the Uni... · Sec. 1

Sec. 1. Short title; table of contents

174 words·~1 min read·/bill/116/s/1312/is/section-1

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This Act may be cited as the . United States Territorial Relief Act of 2019 The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Definitions. Sec. 3. Findings. TITLE I—Territorial relief Sec. 101. Relief through exercise of the power to regulate commerce, the bankruptcy power, and the territorial power. Sec. 102. Effect of discharge. Sec. 103. Actions relating to the status of financial obligations. Sec. 104. Notice of discharge. Sec. 105.
Effective date. TITLE II—Puerto Rico Debt Restructuring Compensation Fund Sec. 201. Purpose. Sec. 202. Definitions. Sec. 203. Administration. Sec. 204. Determination of eligibility for compensation. Sec. 205. Puerto Rico Debt Restructuring Compensation Fund. Sec. 206. Regulations. Sec. 207. Sunset. TITLE III—Puerto Rico Public Credit Comprehensive Audit Commission Sec. 301. Definitions. Sec. 302. Establishment; dissolution. Sec. 303. Reports. Sec. 304. Duties. Sec. 305. Authority of the Commission.
Sec. 306. Membership. Sec. 307. Powers and responsibilities. Sec. 308. Provision of requested information. Sec. 309. Access to information. Sec. 310. Funding. TITLE IV—Severability Sec. 401. Severability.
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