,,ii  #aahth ,,congress  #ast ,session  
,s4 #ibb  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,march #bb1         
#bjbc,mr4 ,rubio 7for himself and ,mr4  
,scott of ,florida7 introduced the      
following bill2 which was read twice and
 referred to the ,committee on ,energy  
and ,natural ,resources  ,a ,,bill  ,to 
amend ,,promesa to include certain      
ethics provisions to provide for the    
disqualification of certain advisors to 
the ,financial ,oversight and           
,management ,board1 and for other       
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,financial          
,oversight and ,management ,board       
,integrity ,act of #bjbc4  #b4          
,disqualification of certain advisors to
 the financial oversight and management 
board ,section #aji of ,,promesa 7#dh   
,u4,s4,c4 #babi7 is amended by adding at
 the end the following3  7c7            
,disqualification of certain advisors   
7#a7 ,definition of covered contract ,in
 this subsection1 the term covered      

contract means a contract with the      
territorial government or an            
instrumentality of the territorial      
government1 the performance of which is 
within the jurisdiction of the          
,oversight ,board under section         
#bjd7;b74  7#b7 ,disqualification ,in   
accordance with the rules adopted by the
 ,oversight ,board under paragraph 7#c71
 any third-party advisory or consulting 
firm shall be disqualified from advising
 the ,oversight ,board for the duration 
of any period during which the firm has 
as a client1 or provides advisory or    
other consulting services in any        
capacity to1 an individual1 corporation1
 association1 organization1 or other    
business entity1 including a subsidiary1
 that is competing for1 or is           
performing1 a covered contract4  7#c7   
,rules ,for purposes of carrying out    
paragraph 7#b71 the ,oversight ,board   
shall adopt rules to carry out the      
following3 7,a7 ,to be eligible to      
advise or consult the ,oversight ,board 

with respect to the review1 procurement1
 or performance of a covered contract1 a
 third-party advisory or consulting firm
 shall certify to the ,oversight ,board 
that the third-party advisory or        
consulting firm is not disqualified from
 advising the ,oversight ,board under   
paragraph 7#b74  7,b7 ,any officer or   
employee of a third-party advisory or   
consulting firm who prepares1 presents1 
or certifies any information or report  
with respect to the certification of the
 third-party advisory or consulting firm
 under subparagraph 7,a7 for the        
,oversight ,board1 or any agent of the  
,oversight ,board1 that is intentionally
 false or misleading1 or1 on learning   
that any such information is false or   
misleading1 fails to immediately advise 
the ,oversight ,board or an agent of the
 ,oversight ,board in writing1 shall be 
subject to prosecution and penalties    
under law4  7,c7 ,if1 after an          
investigation conducted by the          
,oversight ,board1 the ,oversight ,board

 determines that a third-party advisory 
or consulting firm has provided services
 to the ,oversight ,board in violation  
of paragraph 7#b71 has failed to submit 
a certification required under          
subparagraph 7,a71 or is in violation of
 subparagraph 7,b7 7including any rules 
adopted under subparagraph 7,a7 or      
7,b771 the ,oversight ,board shall      
immediately refer such information to   
the ,attorney ,general for the covered  
territory and the ,office of the ,united
 ,states ,attorney for the covered      
territory4  4