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S. 2328 · 114th Congress · 2015–2016

PROMESA

S. 2328 in the 114th Congress (2015–2016), the PROMESA, became law — introduced on Nov 19, 2015, sponsored by Roger F. Wicker with 3 co-sponsors. Congress held 4 roll call votes on it.

During the 114th Congress (2015–2016), Barack Obama was president, and Republicans held majorities in both the House and Senate.

Status
Became law
Introduced
Nov 19, 2015
Co-sponsors
3
Policy area
Economics and Public Finance
Public law
Public Law 114-187

What it does

Puerto Rico Oversight, Management, and Economic Stability Act or PROMESA This bill addresses Puerto Rico's debt by establishing an oversight board, a process for restructuring debt, and expedited procedures for approving critical infrastructure projects. (Sec. 2) The effective date of this bill is the date of enactment.

Summary by the nonpartisan Congressional Research Service.

Official title

Puerto Rico Oversight, Management, and Economic Stability Act

Sponsor

Roger F. Wicker (R-MS). Co-sponsors: 2 Democrats, 1 Republican.

Where it stands

  • IntroducedNov 19, 2015
  • Passed the SenateNov 19, 2015
  • Passed the HouseJun 9, 2016
  • Sent to the PresidentJun 30, 2016
  • Became lawJun 30, 2016

Latest action: Became Public Law No: 114-187. (Jun 30, 2016)

How Congress voted

  • On the Motion
    Senate · Jun 29, 2016 · Motion Agreed to
    68–30
  • On the Motion
    Senate · Jun 29, 2016 · Motion Agreed to
    85–13
  • On the Motion to Table
    Senate · Jun 29, 2016 · Motion to Table Failed
    44–54
  • On the Cloture Motion
    Senate · Jun 29, 2016 · Cloture Motion Agreed to
    68–32

Every roll call vote on this bill

More bills from Roger F. Wicker in the 114th Congress

Other Economics and Public Finance bills in the 114th Congress

Committees

  • Natural Resources Committee

More

From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “S. 2328 (114th Congress): PROMESA,” https://www.capitolreceipts.com/bill/114-s-2328/promesa (accessed 2026-10-13).

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