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FL H4031

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Official Source

Status

Introduced

12/2/2025

Primary Sponsor

Johanna Lopez

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Florida House Memorial urging U.S. Congress to establish a definitive end date for the Financial Oversight and Management Board for Puerto Rico, created under the 2016 PROMESA Act
  • Calls for placing the Puerto Rico Electric Power Authority under Chapter 9 bankruptcy
  • Cites over 50% funding cuts to the University of Puerto Rico and reductions to the municipal equalization fund as harmful austerity measures under the board's oversight
  • Notes over 600,000 Puerto Ricans have migrated to the continental U.S. since the board's creation due to rising costs and deteriorating services
  • Florida has direct interest with over 1.3 million Puerto Rican residents maintaining ties to the island

Legislative Description

Financial Oversight and Management Board for Puerto Rico

Last Action

1st Reading (Original Filed Version)

1/13/2026

Committee Referrals

Intergovernmental Affairs Subcommittee12/12/2025

Full Bill Text

No bill text available