(1)
In general
A Fiscal Plan developed under this section shall, with respect to the territorial government or covered territorial instrumentality, provide a method to achieve fiscal responsibility and access to the capital markets, and—
(A)
provide for estimates of revenues and expenditures in conformance with agreed accounting standards and be based on—
(ii)
specific bills that require enactment in order to reasonably achieve the projections of the Fiscal Plan;
(B)
ensure the funding of essential public services;
(C)
provide adequate funding for public pension systems;
(D)
provide for the elimination of structural deficits;
(E)
for fiscal years covered by a Fiscal Plan in which a stay under subchapters III or IV is not effective, provide for a debt burden that is sustainable;
(F)
improve fiscal governance, accountability, and internal controls;
(G)
enable the achievement of fiscal targets;
(H)
create independent forecasts of revenue for the period covered by the Fiscal Plan;
(I)
include a debt sustainability analysis;
(J)
provide for capital expenditures and investments necessary to promote economic growth;
(L)
include such additional information as the Oversight Board deems necessary;
(M)
ensure that assets, funds, or resources of a territorial instrumentality are not loaned to, transferred to, or otherwise used for the benefit of a covered territory or another covered territorial instrumentality of a covered territory, unless permitted by the constitution of the territory, an approved plan of adjustment under subchapter III, or a Qualifying Modification approved under subchater VI; and
(N)
respect the relative lawful priorities or lawful liens, as may be applicable, in the constitution, other laws, or agreements of a covered territory or covered territorial instrumentality in effect prior to June 30, 2016.