Us Code § 2198 - Report on territorial debt
Full text of Us Code United States Code § 2198 — Report on territorial debt, with citation guidance and answers to common questions.
§ 2198. Report on territorial debt
(a) Report required
Not later than one year after June 30, 2016, and thereafter not less than once every two years, the Comptroller General of the United States shall submit to Congress a report on the public debt of each territory, including—
(1) the historical levels of each territory's public debt, current amount and composition of each territory's public debt, and future projections of each territory's public debt;
(2) the historical levels of each territory's revenue, current amount and composition of each territory's revenue, and future projections of each territory's revenue;
(3) the drivers and composition of each territory's public debt;
(4) the effect of Federal laws, mandates, rules, and regulations on each territory's public debt; and
(5) the ability of each territory to repay it's 1 public debt.
(b) Materials
The government of each territory shall make available to the Comptroller General of the United States all materials necessary to carry out this section.
(Pub. L. 114–187, title IV, §411, June 30, 2016, 130 Stat. 594.)
About This Section
48 U.S.C. § 2198 is part of Title 48 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
This section may be cited in legal writing as 48 U.S.C. § 2198. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
How to Read This Statute
Statutes are organized by title, chapter, section, and subsection. Pay attention to words like "shall," "may," "and," and "or," because they determine whether a requirement is mandatory or permissive and whether multiple conditions must all be met. Historical notes and amendments often appear at the end of a section.
Using This Page
This page is intended for research and educational use. Lawyers, students, journalists, and compliance professionals can use it as a starting point, but should always verify the current text through an official government source before relying on it for legal advice, filings, or compliance decisions.