Financial Oversight and Management Board for Puerto Rico
E586786
The Financial Oversight and Management Board for Puerto Rico is a U.S.-appointed fiscal control body created under the PROMESA law to oversee Puerto Rico’s finances and debt restructuring.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Financial Oversight and Management Board for Puerto Rico canonical | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T6337082 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Financial Oversight and Management Board for Puerto Rico Context triple: [United States–Puerto Rico relations, hasActor, Financial Oversight and Management Board for Puerto Rico]
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A.
Fiscal Agency and Financial Advisory Authority of Puerto Rico
The Fiscal Agency and Financial Advisory Authority of Puerto Rico is a government entity responsible for managing the island’s public finances, debt restructuring, and financial advisory functions.
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B.
Office of Management and Budget of Puerto Rico
The Office of Management and Budget of Puerto Rico is a central government agency responsible for preparing the Commonwealth’s budget, overseeing fiscal planning, and coordinating the efficient use of public resources across agencies.
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C.
Puerto Rico Planning Board
The Puerto Rico Planning Board is a government agency responsible for guiding the island’s land use, economic development, and long-term planning policies.
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D.
Puerto Rico Electric Power Authority Revitalization Corporation
Puerto Rico Electric Power Authority Revitalization Corporation is a special-purpose entity created to support the financial restructuring and modernization efforts of Puerto Rico’s public electric utility system.
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E.
Puerto Rico Department of Treasury
The Puerto Rico Department of Treasury is the government agency responsible for managing the territory’s public finances, including tax collection, revenue administration, and fiscal policy implementation.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Financial Oversight and Management Board for Puerto Rico Target entity description: The Financial Oversight and Management Board for Puerto Rico is a U.S.-appointed fiscal control body created under the PROMESA law to oversee Puerto Rico’s finances and debt restructuring.
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A.
Fiscal Agency and Financial Advisory Authority of Puerto Rico
The Fiscal Agency and Financial Advisory Authority of Puerto Rico is a government entity responsible for managing the island’s public finances, debt restructuring, and financial advisory functions.
-
B.
Office of Management and Budget of Puerto Rico
The Office of Management and Budget of Puerto Rico is a central government agency responsible for preparing the Commonwealth’s budget, overseeing fiscal planning, and coordinating the efficient use of public resources across agencies.
-
C.
Puerto Rico Planning Board
The Puerto Rico Planning Board is a government agency responsible for guiding the island’s land use, economic development, and long-term planning policies.
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D.
Puerto Rico Electric Power Authority Revitalization Corporation
Puerto Rico Electric Power Authority Revitalization Corporation is a special-purpose entity created to support the financial restructuring and modernization efforts of Puerto Rico’s public electric utility system.
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E.
Puerto Rico Department of Treasury
The Puerto Rico Department of Treasury is the government agency responsible for managing the territory’s public finances, including tax collection, revenue administration, and fiscal policy implementation.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
fiscal oversight board
ⓘ
government body ⓘ public law entity ⓘ |
| abbreviationOfLegalBasis | PROMESA NERFINISHED ⓘ |
| alsoKnownAs |
FOMB
NERFINISHED
ⓘ
La Junta de Supervisión Fiscal NERFINISHED ⓘ Oversight Board NERFINISHED ⓘ |
| appliesToTerritory | Puerto Rico NERFINISHED ⓘ |
| appointmentProcessInfluencedBy | congressional leadership recommendations ⓘ |
| composition |
one ex officio member
ⓘ
seven voting members ⓘ |
| controversy |
criticized for austerity measures
ⓘ
criticized for democratic accountability concerns ⓘ criticized for impact on public services in Puerto Rico ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| createdBy | United States Congress ⓘ |
| createdInResponseTo | Puerto Rican government-debt crisis ⓘ |
| dateEstablished | 2016-06-30 ⓘ |
| exOfficioMember | Governor of Puerto Rico ⓘ |
| governingLawSection | Title I of PROMESA ⓘ |
| hasPower |
approve Puerto Rico annual budgets
ⓘ
approve Puerto Rico fiscal plans ⓘ certify fiscal plans and budgets ⓘ initiate court-supervised debt restructuring under Title III of PROMESA ⓘ require fiscal reforms from the Puerto Rico government ⓘ review certain territorial laws for fiscal impact ⓘ |
| headquartersLocation | San Juan, Puerto Rico NERFINISHED ⓘ |
| jurisdiction |
Government of Puerto Rico
NERFINISHED
ⓘ
covered territorial instrumentalities of Puerto Rico ⓘ |
| legalBasis | Puerto Rico Oversight, Management, and Economic Stability Act NERFINISHED ⓘ |
| litigationInvolvedIn |
Title III debt restructuring case for Puerto Rico Electric Power Authority
NERFINISHED
ⓘ
Title III debt restructuring case for Puerto Rico Highways and Transportation Authority ⓘ Title III debt restructuring cases for Puerto Rico ⓘ |
| membersAppointedBy | President of the United States NERFINISHED ⓘ |
| oversightPeriodCondition |
continues until Puerto Rico has four consecutive years of balanced budgets
ⓘ
continues until Puerto Rico regains adequate access to short-term and long-term credit markets ⓘ |
| purpose |
achieve fiscal responsibility for Puerto Rico
ⓘ
facilitate Puerto Rico’s debt restructuring ⓘ oversee Puerto Rico’s public finances ⓘ restore access to capital markets for Puerto Rico ⓘ |
| signedIntoLawBy | Barack Obama NERFINISHED ⓘ |
| subjectOf | Supreme Court of the United States case Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC NERFINISHED ⓘ |
| supervises |
Commonwealth of Puerto Rico central government finances
ⓘ
certain Puerto Rico public corporations ⓘ |
| SupremeCourtHoldingRelatedTo | Board members are territorial officers not subject to U.S. Constitution Appointments Clause in the same way as federal officers ⓘ |
| website | https://oversightboard.pr.gov ⓘ |
| workingLanguages |
English
ⓘ
Spanish ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Subject: Financial Oversight and Management Board for Puerto Rico Description of subject: The Financial Oversight and Management Board for Puerto Rico is a U.S.-appointed fiscal control body created under the PROMESA law to oversee Puerto Rico’s finances and debt restructuring.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.