,9 ! ,s5ate ( ! ,unit$ ,/ates1  ,decemb]
 #ah 7legislative day1 ,decemb] #ag71   
#bjba4  ,am5dm5t3  ,t ! bill f ! ,h\se (
 ,repres5tatives 7,h4,r4 #aaib7 entitl$ 
,an ,act to impose requirem5ts on !     
paym5t ( comp5sation to pr(essional     
p]sons employ$ 9 volunt>y cases comm5c$ 
"u title ,,iii ( ! ,pu]to ,rico         
,ov]sight ,managem5t & ,economic        
,/ability ,act 7commonly kn[n z         
,,promesa741 d pass ) ! foll[+ ,/rike   
out all aft] ! enact+ clause & ins]t3   
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,pu]to ,rico ,recov]y ,accuracy 9     
,disclosures ,act ( #bjba or ,,prrada4  
#b4 ,disclosure by pr(essional p]sons   
seek+ approval ( comp5sation "u section 
#caf or #cag ( ,,promesa  7a7           
,def9itions ,9 ?is section3 7#a7 ,li/ ( 
,mat]ial ,int]e/$ ,p>ties ,! t]m ,li/ ( 
,mat]ial ,int]e/$ ,p>ties means ! ,li/ (
 ,mat]ial ,int]e/$ ,p>ties e/abli%$ "u  
subsection 7c77#a74  7#b7 ,ov]sight     
,bo>d ,! t]m ,ov]sight ,bo>d has ! mean+
 giv5 ! t]m 9 section #e ( ,,promesa    

7#dh ,u4,s4,c4 #bajd74  7b7 ,requir$    
disclosure  7#a7 ,9 g5]al ,9 a case     
comm5c$ "u section #cjd ( ,,promesa 7#dh
 ,u4,s4,c4 #bafd71 no attorney1         
acc\ntant1 apprais]1 auctione]1 ag5t1 or
 o!r pr(essional p]son may be comp5sat$ 
"u section #caf or #cag ( t ,act 7#dh   
,u4,s4,c4 #bagf1 #bagg7 unless prior to 
mak+ a reque/ = comp5sation1 !          
pr(essional p]son has fil$ ) ! c\rt a   
v]ifi$ /atem5t con=m+ to ! disclosure   
requirem5ts ( rule #bjad7;a7 ( ! ,f$]al 
,rules ( ,bankruptcy ,proc$ure sett+ =? 
! connection ( ! pr(essional p]son ) any
 entity or p]son on ! ,li/ ( ,mat]ial   
,int]e/$ ,p>ties4  7#b7 ,supplem5t ,a   
pr(essional p]son t submits a /atem5t "u
 p>agraph 7#a7 %all promptly supplem5t !
 /atem5t ) any additional relevant      
in=mation t becomes kn[n to ! p]son4    
7#c7 ,disclosure ,subject to any o!r    
applicable law1 rule1 or regulation1 a  
pr(essional p]son t fails to file or    
update a /atem5t requir$ "u p>agraph    
7#a7 or files a /atem5t t ! c\rt        

det]m9es does n repres5t a good fai?    
ef=t to comply ) ?is section %all       
disclose su* failure 9 any fil+ requir$ 
to con=m to ! disclosure requirem5ts "u 
rule #bjad7;a7 ( ! ,f$]al ,rules (      
,bankruptcy ,proc$ure4  7c7 ,li/ (      
mat]ial int]e/$ p>ties  7#a7 ,prep>ation
 ,n lat] ?an #cj days aft] ! date (     
enactm5t ( ?is ,act1 ! ,ov]sight ,bo>d  
%all e/abli% a ,li/ ( ,mat]ial ,int]e/$ 
,p>ties subject to-- 7,a7 ! approval ( !
 c\rt2 &  7,b7 ! "r ( ! ,unit$ ,/ates   
tru/ee or any p>ty 9 int]e/ to be he>d  
on ! approval4  7#b7 ,inclusions ,except
 z provid$ 9 p>agraph 7#c71 ! ,li/ (    
,mat]ial ,int]e/$ ,p>ties %all include--
 7,a7 ! debtor2  7,b7 any cr$itor2  7,c7
 any o!r p>ty 9 int]e/2  7,d7 any       
attorney or acc\ntant (-- 7i7 ! debtor2 
7ii7 any cr$itor2 or  7iii7 any o!r p>ty
 9 int]e/2  7,e7 ! ,unit$ ,/ates tru/ee 
& any p]son employ$ 9 ! (fice ( ! ,unit$
 ,/ates tru/ee2 &  7,f7 ! ,ov]sight     
,bo>d1 includ+ ! memb]s1 ! ,executive   
,director1 & ! employees ( ! ,ov]sight  

,bo>d4  7#c7 ,exclusions ,! ,li/ (      
,mat]ial ,int]e/$ ,p>ties may n include 
any p]son ) a claim1 ! am\nt ( :i* is   
bel[ a ?re%old doll> am\nt e/abli%$ by !
 c\rt t is consi/5t ) ! purpose ( ?is   
,act4  7d7 ,review  7#a7 ,9 g5]al ,!    
,unit$ ,/ates tru/ee %all review ea*    
v]ifi$ /atem5t submitt$ pursuant to     
subsection 7b7 & may file ) ! c\rt      
comm5ts on su* v]ifi$ /atem5ts be=e !   
pr(essionals fil+ su* /atem5ts seek     
comp5sation "u section #caf or #cag (   
,,promesa 7#dh ,u4,s4,c4 #bagf1 #bagg74 
7#b7 ,objection ,! ,unit$ ,/ates tru/ee 
may object to applications fil$ "u      
section #caf or #cag ( ,,promesa 7#dh   
,u4,s4,c4 #bagf1 #bagg7 t fail to       
satisfy ! requirem5ts ( subsection 7b74 
7e7 ,limitation on comp5sation ,9 a case
 comm5c$ "u section #cjd ( ,,promesa    
7#dh ,u4,s4,c4 #bafd71 9 connection ) ! 
review & approval ( pr(essional         
comp5sation "u section #caf or #cag (   
,,promesa 7#dh ,u4,s4,c4 #bagf1 #bagg7  
fil$ aft] ! date ( enactm5t ( ?is ,act1 

! c\rt may d5y all[ance ( comp5sation or
 reimbursem5t ( exp5ses if-- 7#a7 !     
pr(essional p]son has fail$ to file !   
v]ifi$ disclosure /atem5ts requir$ "u   
subsection 7b77#a7 or has fil$          
inadequate disclosure /atem5ts "u t     
subsection2 or  7#b7 dur+ ! pr(essional 
p]son's employm5t 9 connection ) ! case1
 ! pr(essional p]son-- 7,a7 is n a      
dis9t]e/$ p]son 7z def9$ 9 section #aja 
( title #aa1 ,unit$ ,/ates ,code7       
relative to any entity or p]son on !    
,li/ ( ,mat]ial ,int]e/$ ,p>ties2 or    
7,b7 repres5ts or holds an adv]se int]e/
 9 connection ) ! case4  ,secret>y