Political Quotes

“Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 683) to impose requirements on the payment of compensation to professional persons employed in voluntary cases commenced under title III of the Puerto Rico Oversight Management and Economic Stability Act (commonly known as ``PROMESA''), as amended. The Clerk read the title of the bill. The text of the bill is as follows: H.R. 683 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 Rico Recovery Accuracy in Disclosures Act of 2020'' or ``PRRADA''. SEC. 2. DISCLOSURE BY PROFESSIONAL PERSONS SEEKING APPROVAL OF COMPENSATION UNDER SECTION 316 OR 317 OF PROMESA. (a) Required Disclosure.-- (1) In general.--In a voluntary case commenced under section 304 of PROMESA (48 U.S.C. 2164), no attorney, accountant, appraiser, auctioneer, agent, consultant, or other professional person may be compensated under section 316 or 317 of that Act (48 U.S.C.…”