,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #fhc  ,,in ,,the ,,house ,,of   
,,representatives  ,january #ag1        
#bjai,ms4 ,velzquez 7for herself1 ,miss 
,gonzlez-,coln of ,puerto ,rico1 ,mr4   
,grijalva1 ,mr4 ,bishop of ,utah1 and   
,mr4 ,biggs7 introduced the following   
bill2 which was referred to the         
,committee on the ,judiciary  ,a ,,bill 
,to impose requirements on the payment  
of compensation to professional persons 
employed in voluntary cases commenced   
under title ,,iii of the ,puerto ,rico  
,oversight ,management and ,economic    
,stability ,act 7commonly known as      
,,promesa74  #a4 ,short title ,this ,act
 may be cited as the ,puerto ,rico      
,recovery ,accuracy in ,disclosures ,act
 of #bjai or 7,,prrada74  #b4           
,disclosure by professional persons     
employed by court order  7a7 ,required  
disclosure ,in a voluntary case         
commenced under section #cjd of the     
,puerto ,rico ,oversight ,management and
 ,economic ,stability ,act 7commonly    

known as ,,promesa2 #dh ,u4,s4,c4       
#bafd71 no attorneys1 accountants1      
appraisers1 auctioneers1 agents1        
consultants1 or other professional      
persons shall be compensated under      
section #caf of ,,promesa 7#dh ,u4,s4,c4
 #bagf7 unless prior to making a request
 for compensation1 such a professional  
person has submitted a verified         
statement conforming to the disclosure  
requirements of rule #bjad7;a7 of the   
,federal ,rules of ,bankruptcy          
,procedure setting forth the            
professional person's connections with  
the debtor1 creditors1 any other parties
 in interest1 their respective attorneys
 and accountants1 the ,oversight ,board1
 and any person employed by the         
,oversight ,board4 ,such statement shall
 include information on the identity of 
each entity or person with whom such    
professional person has a connection4   
,such professional person shall be      
required--  7#a7 to supplement such     
verified statement as additional        

relevant information becomes known to   
such person2 and  7#b7 to file annually 
a notice confirming the accuracy of such
 statement4  7b7 ,review ,the ,united   
,states ,trustee shall review each      
verified statement submitted pursuant to
 subsection 7a7 and may file with the   
court comments on such verified         
statements before the professionals     
filing such statements seek compensation
 under section #caf of ,,promesa 7#dh   
,u4,s4,c4 #bagf74 ,the ,united ,states  
,trustee may also object to compensation
 applications filed under section #caf  
of ,,promesa 7#dh ,u4,s4,c4 #bagf7 that 
fail to satisfy the requirements of     
subsection 7d7 of this ,act4 ,each      
person having standing under section    
#aaji of title #aa of the ,united       
,states ,code shall also have standing  
under this section4 ,the district court 
shall have jurisdiction to adjudicate   
all matters arising under this section4 
7c7 ,retroactivity ,if1 at the time     
subsection 7a7 is enacted1 the court has

 entered orders approving compensation  
under cases commenced under section #cjd
 of ,,promesa 7#dh ,u4,s4,c4 #bafd7 each
 professional person previously awarded 
compensation shall file a verified      
statement in accordance with subsection 
7a7 not later than #cj days after such  
person's first request for compensation 
under section #caf of ,,promesa 7#dh    
,u4,s4,c4 #bagf7 occurring after the    
date of the enactment of this ,act1     
except that the court may not delay any 
proceeding in connection with a case    
commenced under section #cjd of         
,,promesa 7#dh ,u4,s4,c4 #bafd7 pending 
the filing of such verified statements4 
7d7 ,limitation on compensation ,in a   
voluntary case commenced under section  
#cjd of ,,promesa 7#dh ,u4,s4,c4 #bafd71
 in connection with the review and      
approval of professional compensation   
under section #caf of ,,promesa 7#dh    
,u4,s4,c4 #bagf71 the court may deny    
allowance of compensation for services  
and reimbursement of expenses1 accruing 

after the date of the enactment of this 
,act of a professional person if such   
professional person--  7#a7 has failed  
to file statements of connections       
required by subsection 7a7 or has filed 
inadequate statements of connections2   
7#b7 is at any time during such         
professional person's employment in such
 case not a disinterested person as     
defined in section #aja7ad7 of title #aa
 of the ,united ,states ,code2 or  7#c7 
represents1 or holds an interest adverse
 to1 the interest of the estate with    
respect to the matter on which such     
professional person is employed1 except 
that the qualification standards for    
committee professionals shall be those  
set forth in section #aajc7;b7 of title 
#aa of the ,united ,states ,code4