 4900) in 2016), which addressed the Puerto Rican government-debt crisis.The bill would create a short-term independent board to oversee Puerto Rico's financial planning and annual budgets, with the aim of restoring financial stability to Puerto Rico and avoiding American taxpayer liability.It is similar to bills written in July and October 2015 by Pedro Pierluisi, the Resident Commissioner of Puerto Rico, in that the Duffy bill also proposes a financial oversight board and access to Chapter 9 restructuring.