PUERTO RICO-FISCAL AUTONOMY
Urges Congress to set a definite end date for the PROMESA Fiscal Oversight Board and begin a managed transition to full fiscal autonomy and local self-governance for Puerto Rico.
Urges Congress to set a definite end date for the PROMESA Fiscal Oversight Board and begin a managed transition to full fiscal autonomy and local self-governance for Puerto Rico.
Status: Referred to Rules Committee. Introduced: January 14, 2025. Classification: House resolution (non‑binding).
H.R. 397 is a House resolution that urges the U.S. Congress to set a definitive end date for the Puerto Rico Financial Oversight and Management Board (created by PROMESA) and to begin a transition to full fiscal autonomy and local democratic governance for Puerto Rico. The resolution frames the Board’s prolonged oversight as undermining Puerto Rican self‑governance, public trust, and long‑term recovery, and calls for Congress to act to restore fiscal self‑determination.
The resolution’s preamble (WHEREAS clauses) asserts that:
- PROMESA established the Financial Oversight and Management Board (FOMB) to restructure Puerto Rico’s public debt and supervise fiscal plans.
- Nearly a decade of Board oversight has raised concerns about erosion of local self‑governance and democratic accountability.
- Austerity measures under Board oversight have, the resolution asserts, contributed to harms including: deep cuts to University of Puerto Rico funding (described as “more than half”), reductions in municipal equalization funds, constrained access to healthcare/education/public services, slow or conditional disbursement of federal disaster funds, and large out‑migration (noted as “more than 600,000” residents).
- Continued indefinite Board operation is presented as an obstacle to full recovery, market confidence, and democratic accountability.
Note: As a House resolution expressing the sense of the House, it is non‑binding and does not by itself change federal law or terminate the Board.
The provided document text appears to conflate several unrelated measures that share the identifier “H.R. 397” or similar numbering in different jurisdictions:
- A brief provision renaming a U.S. Postal Service facility in Rochester, NY as the “Minister Franklin Florence Memorial Post Office.”
- Text from an Illinois House resolution urging action on PROMESA (this is the Puerto Rico‑focused material summarized above).
- Text from a Georgia state House resolution creating a “House Study Committee on Healthcare Quality and Reporting” (committee composition, duties, funding rules, and abolishment date of Dec 1, 2025).
These additional items (post office naming and Georgia committee language) are unrelated to the Puerto Rico fiscal autonomy resolution and appear to be included due to document aggregation. The core H.R. 397 described at the top concerns urging Congress to set an end date for the PROMESA oversight board.
Compiled from official sources — confirm details with the bill’s official record.
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