S.Amdt. 1574
What it does: 2 changes: strikes text, adds a sectionWhat it changes
2 changes to H.R. 2266
Change 1: Strikes “Provided further,” through “Secretary of the Treasury:”
StrikesPage 5, lines 5–10Struck: Provided further, … Secretary of the Treasury:
Original wording
On page 5, lines 5 through 10, strike “Provided further,” and all that follows through “Secretary of the Treasury:”.
Change 2: Adds DIVISION C--PUERTO RICO ENERGY DELIVERY RELIABILITY AND REFORM at the end of the bill
Adds a sectionInserted: DIVISION C--PUERTO RICO ENERGY DELIVERY RELIABILITY AND REFORM
Inserted: SEC. 2001. SENSE OF CONGRESS ON THE PRIVATIZATION OF THE PUERTO RICO ELECTRIC POWER AUTHORITY.
Inserted: It is the sense of Congress that privatizing the Puerto Rico Electric Power Authority would lead to lower energy costs for electricity customers in the Commonwealth of Puerto Rico.
Inserted: SEC. 2002. EXCEPTIONS TO APPLICATION OF COASTWISE LAWS FOR PUERTO RICO.
Inserted: Section 55101(b) of title 46, United States Code, is amended--
Inserted: (1) by redesignating paragraphs (1), (2), and (3) as paragraphs (2), (3), and (4), respectively; and
Inserted: (2) by inserting before paragraph (2), as redesignated, the following:
Inserted: "(1) the Commonwealth of Puerto Rico;".
Inserted: SEC. 2003. TERMS AND AVAILABILITY OF CERTAIN LOANS OR OTHER ASSISTANCE.
Inserted: Nothing in this Act authorizes any loan or other assistance made available under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5121 et seq.)--
Inserted: (1) to include any terms that would impair any lien or collateral securing the claim of any creditor of--
Inserted: (A) a territory or possession of the United States or a local government agency of a territory or possession of the United States; or
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Inserted: (B) an instrumentality of a territory or possession of the United States or a local government agency of a territory or possession of the United States; or
Inserted: (2) to be made available for proceedings under title III of the Puerto Rico Oversight, Management, and Economic Security Act (48 U.S.C. 2161 et seq.).
Original wording
At the end, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 1574. Mr. FLAKE (for himself and Mr. Lee) submitted an amendment intended to be proposed by him to the bill H.R. 2266, to amend title 28 of the United States Code to authorize the appointment of additional bankruptcy judges; and for other purposes; which was ordered to lie on the table; as follows:
On page 5, lines 5 through 10, strike “Provided further,” and all that follows through “Secretary of the Treasury:”.
At the end, add the following:
DIVISION C--PUERTO RICO ENERGY DELIVERY RELIABILITY AND REFORM
SEC. 2001. SENSE OF CONGRESS ON THE PRIVATIZATION OF THE PUERTO RICO ELECTRIC POWER AUTHORITY.
It is the sense of Congress that privatizing the Puerto Rico Electric Power Authority would lead to lower energy costs for electricity customers in the Commonwealth of Puerto Rico.
SEC. 2002. EXCEPTIONS TO APPLICATION OF COASTWISE LAWS FOR PUERTO RICO.
Section 55101(b) of title 46, United States Code, is amended--
(1) by redesignating paragraphs (1), (2), and (3) as paragraphs (2), (3), and (4), respectively; and
(2) by inserting before paragraph (2), as redesignated, the following:
“(1) the Commonwealth of Puerto Rico;”.
SEC. 2003. TERMS AND AVAILABILITY OF CERTAIN LOANS OR OTHER ASSISTANCE.
Nothing in this Act authorizes any loan or other assistance made available under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5121 et seq.)--
(1) to include any terms that would impair any lien or collateral securing the claim of any creditor of--
(A) a territory or possession of the United States or a local government agency of a territory or possession of the United States; or
(B) an instrumentality of a territory or possession of the United States or a local government agency of a territory or possession of the United States; or
(2) to be made available for proceedings under title III of the Puerto Rico Oversight, Management, and Economic Security Act (48 U.S.C. 2161 et seq.).
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Senate amendment submitted
October 23, 2017