# 114-hr-3725: Puerto Rico Financial Improvement and Bond Guarantee Act of 2015

114-hr-3725, Puerto Rico Financial Improvement and Bond Guarantee Act of 2015, is a 114th Congress bill sponsored by Resident Commissioner Pierluisi, Pedro R. [D-PR-At Large] (D-PR); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3725
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3725
- Congress: 114
- Title: Puerto Rico Financial Improvement and Bond Guarantee Act of 2015
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2015-10-08
- Sponsor: Resident Commissioner Pierluisi, Pedro R. [D-PR-At Large] (D-PR)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Puerto Rico Financial Improvement and Bond Guarantee Act of 2015 This bill expresses the sense of Congress with respect to the current financial distress of the government of Puerto Rico. The Department of the Treasury may guarantee up to 100% of 30-year bonds issued by the government of Puerto Rico or any of its instrumentalities that are issued solely to finance capital projects or refinance existing debt, but not bonds to finance operational expenses. A guarantee is only permitted if Treasury determines that there is a reasonable prospect of repayment of the principal and interest on the bond to be guaranteed. Treasury shall: examine the financial management practices of the government of Puerto Rico and its instrumentalities, and establish guidelines and recommendations for making improvements in those practices and whether to make a requested guarantee. Appropriations are made to fund the loan guarantees. Treasury may also provide advice and technical assistance to the government of Puerto Rico. The Federal Reserve Act is amended to empower Federal Reserve banks to buy and sell bonds and notes issued by Puerto Rico in anticipation of the collection of taxes or receipt of assured revenues.

## Related bills

- 114-hr-6097: Immigration Courts Bail Reform Act
- 114-hr-6027: Puerto Rico Health Insurance Fairness Act of 2016
- 114-hr-6023: Territory Health Insurance Tax Relief Act of 2016
- 114-hr-6010: Zika Pregnancy and Infant Registry Act of 2016
- 114-hr-5771: Conserving Our Reefs and Livelihoods Act of 2016
- 114-hr-5590: Foundation of the Federal Bar Association Charter Amendments Act of 2016

## Sources
- [114-hr-3725 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3725)

## Related
- [114-hr-6097: Immigration Courts Bail Reform Act](https://policyrisk.com/legislation/114-hr-6097)
- [114-hr-6027: Puerto Rico Health Insurance Fairness Act of 2016](https://policyrisk.com/legislation/114-hr-6027)
- [114-hr-6023: Territory Health Insurance Tax Relief Act of 2016](https://policyrisk.com/legislation/114-hr-6023)
- [114-hr-6010: Zika Pregnancy and Infant Registry Act of 2016](https://policyrisk.com/legislation/114-hr-6010)
- [114-hr-5771: Conserving Our Reefs and Livelihoods Act of 2016](https://policyrisk.com/legislation/114-hr-5771)
- [114-hr-5590: Foundation of the Federal Bar Association Charter Amendments Act of 2016](https://policyrisk.com/legislation/114-hr-5590)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3725 (as of 2025-11-18).