Maritime shipping company Crowley recently added its name to a long list of private-sector companies that have thrown their support behind HR 870, known as the Puerto Rico Chapter 9 Uniformity Act of 2015, which seeks to extend bankruptcy protection to the island’s public instrumentalities.
U.S. Congress is still “weighing the merits” of H.R. 870, known as the Puerto Rico Chapter 9 Uniformity Act, as momentum builds from outside groups for and against the measure that would authorize the island’s government to restructure its fiscal obligations under Chapter 9 of the U.S. bankruptcy code.
Resident Commissioner Pedro Pierluisi re-introduced legislation Tuesday to make hospitals in Puerto Rico eligible to receive bonus payments under Medicare for becoming users of electronic health records, or e-records.
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