Title 48 — Territories and Insular Possessions
Chapter 20 — Puerto Rico Oversight, Management, and Economic Stability
§ 2198. Report on territorial debt
Statutory text
Report required
Not later than one year after , and thereafter not less than once every two years, the Comptroller General of the United States shall submit to Congress a report on the public debt of each territory, including—
the historical levels of each territory’s public debt, current amount and composition of each territory’s public debt, and future projections of each territory’s public debt;
the historical levels of each territory’s revenue, current amount and composition of each territory’s revenue, and future projections of each territory’s revenue;
the drivers and composition of each territory’s public debt;
the effect of Federal laws, mandates, rules, and regulations on each territory’s public debt; and
the ability of each territory to repay it’s 1 public debt.
Materials
The government of each territory shall make available to the Comptroller General of the United States all materials necessary to carry out this section.
Footnotes
- 1 So in original. Probably should be “its”.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Puerto Rico Oversight, Management, and Economic Stability Act
Pub. L. 114–187 title IV § 411 · 130 Stat. 549
Enacted · 48 U.S.C. § 2198
(Pub. L. 114–187, title IV, § 411, June 30, 2016, 130 Stat. 594.)
Source evidence
Code source credit
(Pub. L. 114–187, title IV, § 411, June 30, 2016, 130 Stat. 594.)Enacted provision · exact public law section
SEC. 411. REPORT ON TERRITORIAL DEBT. (a) Report Required.— Not later than one year after the date of the enactment of this Act, and thereafter not less than once every two years, the Comptroller General of the United States shall submit to Congress a report on the public debt of each territory, including— (1) the historical levels of each territory’s public debt, current amount and composition of each territory’s public debt, and future projections of each territory’s public debt; (2) the historical levels of each territory’s revenue, current amount and composition of each territory’s revenue, and future projections of each territory’s revenue; (3) the drivers and composition of each territory’s public debt; (4) the effect of Federal laws, mandates, rules, and regulations on each territory’s public debt; and (5) the ability of each territory to repay it’s public debt. (b) Materials.— The government of each territory shall make available to the Comptroller General of the United States all materials necessary to carry out this section.
1 of 1 references resolved to an enrolled provision