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The Oversight Board filed a suit against a new law that contradicts certain provisions in the plan of adjustment. Gov. Pierluisi says the litigation is not necessary.
July 2 -
The $10.1 billion General Fund focuses on operational improvements, Medicaid reform, and enhancing tax compliance.
July 1 - Finance and investment-related court cases
Board says all the objections to disclosure statements are without legal merit or should be addressed at the plan of adjustment confirmation.
June 30 -
Economists in Puerto Rico panned the proposal to raise the rate to $9 per hour saying it would hurt businesses.
June 25 -
The board set a noon Thursday deadline for repeal of Act 7, otherwise it will seek a legal remedy.
June 23 -
Puerto Rico's government tells the court the Disclosure Statement should address the likelihood the legislature will not approve new bonds for the plan of adjustment since the plan cuts pensions.
June 18 -
The board plans to pick an operator for PREPA's electrical generation in second half of this year.
May 28 -
The Board will address several of Puerto Rico's authorities' fiscal plans and will have an update about PREPA's transition of its systems to the private operator, LUMA Energy.
May 26 -
While its budget does not include debt service, the executive director said she anticipated amending it in the coming fiscal year once the plan of adjustment is finalized.
May 20 -
Long-term economic stability is not sustainable, economists say, after federal aid dries up.
May 19