Chair Williams introduces four Puerto Rico resolutions
Chair Williams announces the four resolutions to be heard: Res 27 on purchase of claims, Res 28 on ending the Financial Oversight Board, Res 372 on repealing Act 22, and Res 494 on stopping Project Esencia. She notes the serendipity of hearing them at the Schomburg Center.
In addition to our oversight topic today, we will be hearing the following legislation.
And I said this at the press conference that it's really serendipitous and there's so much alignment in us hearing these resolutions because we didn't plan to hear them here, but this is the perfect place.
So we will be hearing resolution number 27 sponsored by Councilmember Alexa Aviles calling upon the New York State Legislature to pass
and the governor to sign legislation in relations to the purchase of claims by corporations or collection agencies and to certain instruments calling for payment of a monetary obligation by a foreign state.
Puerto Rico.
Resolution number 28, also sponsored by Councilmember Aviles, calling on the United States Congress to establish a date certain for ending the Financial Oversight and Management Board of Puerto Rico.
Resolution number 372, sponsored by Councilmember Justin Sanchez, calling on the Legislative Assembly of Puerto Rico to pass and the Governor of Puerto Rico to sign legislation to repeal Act 22.
and implement a progressive tax policy to minimize the revenue losses to federal, state, city, and territorial governments,
and Resolution 494, also sponsored by Councilmember Aviles, standing with the people of Puerto Rico to stop the construction of Project Asensia, a luxury development in Cabo Rojo.