Section 1 Short title
This Act may be cited as the “Puerto Rico Chapter 9 Uniformity Act of 2015”.
Puerto Rico Chapter 9 Uniformity Act of 2015
A BILL
To amend title 11 of the United States Code to treat Puerto Rico as a State for purposes of chapter 9 of such title relating to the adjustment of debts of municipalities.
Sec. 2 Amendment
Section 101(52) of title 11, United States Code, is amended to read as follows:
“(52) The term “State” includes Puerto Rico and, except for the purpose of defining who may be a debtor under chapter 9 of this title, includes the District of Columbia.”
Sec. 3 Effective date; application of amendment
Effective date— Except as provided in subsection (b), this Act and the amendment made by this Act shall take effect on the date of the enactment of this Act.
Application of amendment— The amendment made by this Act shall apply with respect to—
cases commenced under title 11 of the United States Code on or after the date of the enactment of this Act, and
debts, claims, and liens created before, on, or after such date.
Sec. 4 Severability
If any provision of this Act, or the application of such provision to any person or circumstance, is found to be unconstitutional, the remainder of this Act, or the application of that provision to other persons or circumstances, shall not be affected.