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Puerto Rican People's Power Restoration Act of 2026

This bill allows Puerto Rico to terminate the federal Oversight Board by establishing its own local successor entity. It aims to return control over the island's finances and electricity management to the local government and its citizens.
Key points
Termination of the federal Oversight Board once Puerto Rico creates a local successor organization.
Local authorities take over legal representation in debt cases involving the electric power utility.
Retention of existing professional staff and advisors during the transition to ensure stability.
Current fiscal plans and budgets remain valid until officially updated by the new local representatives.
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Status:
Introduced
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Additional Information
Puerto Rican People’s Power Restoration Act of 2026
Print number: HR 7833
Sponsor: Rep. Krishnamoorthi, Raja [D-IL-8]
Process start date: 2026-03-05