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FL S0746

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Status

Introduced

12/3/2025

Primary Sponsor

Kristen Arrington

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Urges Congress to establish a definitive end date for the Financial Oversight and Management Board for Puerto Rico, which was created in 2016 under PROMESA and continues to operate without a termination date

  • Calls for placing the Puerto Rico Electric Power Authority under Chapter 9 bankruptcy

  • Requests Congress ensure a transition toward full fiscal autonomy and local democratic governance for Puerto Rico, citing concerns about erosion of self-determination

  • Notes that over 600,000 Puerto Ricans have migrated to the continental U.S. since the board's creation, and the University of Puerto Rico has suffered funding cuts exceeding 50 percent

  • Highlights Florida's interest in the issue, as the state is home to over 1.3 million Puerto Rican residents with ties to the island

Legislative Description

Financial Oversight and Management Board for Puerto Rico

Last Action

Introduced

1/13/2026

Full Bill Text

No bill text available