; and (3) Puerto Rico’s debt should be relieved, and it is just and necessary to take steps to return control of Puerto Rico’s economy to the people of Puerto Rico and their elected representatives. 102. Sense of Congress relating to the privatization of public institutions in Puerto Rico and the Virgin Islands It is the sense of Congress that any efforts to privatize public entities in Puerto Rico and the Virgin Islands should be rejected. 103. Sense of Congress relating to the applicability of proposed excise tax to Puerto Rico and the Virgin Islands It is the sense of Congress that if the Tax Cuts and Jobs Act (H.R. 1, 115th Congress) is enacted into law, section 4491 of the Internal Revenue Code of 1986 (as added by section 4303 of such Act), relating to the imposition of an excise tax on certain payments from domestic corporations to related foreign corporations, shall not apply to payments made by a domestic corporation to any related corporation created or organized in, or under the law of, a possession or territory of the United States. II Infrastructure A Energy 201. Assistance for rebuilding of electric grid (a) Assistance for rebuilding of electric grid Assistance provided under section 406 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5172 ) for a covered disaster area may be used to repair or replace a public electric grid located in the covered disaster area in accordance with subsection (b). (b) Requirements (1) In general To be eligible for assistance under subsection (a), not later than 42 days after the date of enactment of this Act, Puerto Rico and the Virgin Islands shall complete a process administered by the applicable energy or service regulatory commission, which shall include— (A) a general assessment of the current electricity needs of the customer classes and the future modernization and resiliency needs of a rebuilt electric power system