H.R. 1192: PRRADA

117th Congress · Sponsored from New York · Became law

What this bill does

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 interested parties before seeking compensation for their services. The Financial Oversight and Management Board for Puerto Rico must establish a list of such interested parties, which shall include the debtor, creditors, any attorney or accountant of the debtor or creditors, persons employed by the U.S. Trustee Program, persons employed by the board, and any other interested party. Compensation may be denied to such a professional if these disclosures are not filed, are inadequate, or if the professional is found to have certain conflicts of interest.

Key facts

• Status Became law
• Introduced 2021-02-22
• Policy area Law
• Cosponsors 8
• Latest action Became Public Law No: 117-82.

Sponsor

Rep. Velazquez, Nydia M. [D-NY-7]

Lead sponsor · New York

D

Who funds the sponsor?

Rep. Velazquez, Nydia M. [D-NY-7] introduced H.R. 1192. On Voterly you can see their top campaign donors from public Federal Election Commission records — individuals, PACs, and industry groups (follow the money) — and compare that with how they vote.

See Rep. Velazquez, Nydia M. [D-NY-7]'s donors & voting record →

Campaign donations show who helps fund the sponsor's election; they are not the same as who drafted or lobbied for the bill text. Lobbying disclosures are separate public records.

Take a position & compare alignment

Agree or disagree with H.R. 1192? Go to the homepage to record your view and compare your stance with how your representatives vote. See Rep. Velazquez, Nydia M. [D-NY-7]'s profile to vote on their bills and check your alignment % with the sponsor.

Read the official text on Congress.gov →