To amend the Puerto Rico Oversight, Management, and Economic Stability Act to provide for the termination of the Oversight Board under certain circumstances, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7833 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7833 To amend the Puerto Rico Oversight, Management, and Economic Stability Act to provide for the termination of the Oversight Board under certain circumstances, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 5, 2026 Mr. Krishnamoorthi (for himself and Mr. Soto) introduced the following bill; which was 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 _______________________________________________________________________ A BILL To amend the Puerto Rico Oversight, Management, and Economic Stability Act to provide for the termination of the Oversight Board under certain circumstances, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Puerto Rican People's Power Restoration Act of 2026''. SEC. 2. TERMINATION OF OVERSIGHT BOARD. Section 209 of the Puerto Rico Oversight, Management, and Economic Stability Act (48 U.S.C. 2149) is amended as follows: (1) By striking ``An Oversight Board'' and inserting the following: ``(a) In General.--Except as provided in subsection (b), an Oversight Board''. (2) By adding at the end the following new subsection: ``(b) Enactment of Legislation.--Notwithstanding subsection (a), an Oversight Board shall terminate the day after the date of the enactment of legislation by the Commonwealth of Puerto Rico, on or after the date of the enactment of this subsection, that designates or establishes a successor entity for such Board.''. SEC. 3. SUBSTITUTION