Title 48 — Territories and Insular PossessionsRelease 119-73

§2197 Report

Title 48 › Chapter CHAPTER 20— - PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY › Subchapter SUBCHAPTER IV— - MISCELLANEOUS PROVISIONS › § 2197

Last updated Apr 6, 2026|Official source

Summary

By 18 months after June 30, 2016, the Comptroller General must send a report to the House Committee on Natural Resources and the Senate Committee on Energy and Natural Resources. The report must explain what caused the territory’s debt (shown per person and compared to its economy), how the territorial government’s actions helped or hurt its finances, and give non‑fiscal recommendations Congress or the Administration could use to prevent future territory debt without risking U.S. security and while respecting sovereignty and the Constitution.

Full Legal Text

Title 48, §2197

Territories and Insular Possessions — Source: USLM XML via OLRC

Not later than 18 months after June 30, 2016, the Comptroller General shall submit a report to the Committee on Natural Resources of the House of Representatives and the Committee on Energy and Natural Resources of the Senate describing—

(1)the conditions which led to the level of debt, which should be analyzed, per capita and based upon overall economic activity;

(2)how actions of the territorial government improved or impaired the territory’s financial conditions; and

(3)recommendations on non-fiscal actions, or policies that would not imperil America’s homeland and national security, that could be taken by Congress or the Administration to avert future indebtedness of territories, while respecting sovereignty and constitutional parameters.

Reference

Citations & Metadata

Citation

48 U.S.C. § 2197

Title 48 — Territories and Insular Possessions

Last Updated

Apr 6, 2026

Release point: 119-73