PRRADA

Fact Sheet API

Bill Number

S 375

Introduced

Feb 23, 2021

Latest Action

Committee on Energy and Natural Resources. Hearings held.

Sponsor

Cosponsors

Topics

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

Full Text

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Votes

Summary

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.

Actions

Jul 29, 2021

Committee on Energy and Natural Resources. Hearings held.
Feb 23, 2021

Read twice and referred to the Committee on Energy and Natural Resources.
Feb 23, 2021

Introduced in Senate

Amendments

Related Bills