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HR 7833·Federal·house

Puerto Rican People’s Power Restoration Act of 2026

In CommitteeFiled Mar 5, 2026
Sponsor: Rep. Krishnamoorthi, Raja [D-IL-8] (D)
Latest Action

Referred to the Committee on Natural Resources, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Mar 5, 2026

Summary

The measure amends PROMESA to automatically dissolve the U.S.-appointed Oversight Board once Puerto Rico passes a law establishing a replacement entity. It also shifts the legal representation of the island’s debt cases to the Puerto Rico Electric Power Authority or its successor, while preserving existing court and budget rules. The goal is to give Puerto Rico more local control over its financial recovery.

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