In 2017, Ricardo Rosselló assumed the governorship of Puerto Rico under one of the worst financial crises facing any jurisdiction in the history of the U.S. He was elected on a platform of financial responsibility, fiscal efficiency, and obtaining access to the capital markets, so that Puerto Rico could be put once again in a path of economic development and growth.

His administration knew it needed to enact public policy reforms that were in the best interest of the people of Puerto Rico while complying with the requirements set forth by Congress in the Puerto Rico Oversight, Management and Economic Stability Act, or PROMESA.