Postreport procedures

Act 47 of 1987, § 257, under MUNICIPALITIES FINANCIAL RECOVERY ACT.

Act 47 of 1987, § 257

Section 257. Postreport procedures.

(a) Five-year procedures.--The secretary shall, upon written recommendation from the coordinator and after filing a final report under section 255, take one of the following actions:

(1) Terminate the distressed status of the municipality effective 90 days after a determination or final decision requiring termination of status as provided in section 255.1.

(2) After filing a final report containing a recommendation under section 255(a)(2), terminate the distressed status of the municipality effective on the date of a final order establishing an unincorporated district under Chapter 4.

(3) After filing a final report containing a recommendation under section 255(a)(3), request a determination of a fiscal emergency in accordance with Chapter 6.

(b) Exit plan procedures.--The secretary may, after the adoption of a plan under section 256(c) and upon written recommendation of the coordinator:

(1) issue a determination in accordance with section 255.1; or

(2) request a determination of a fiscal emergency in accordance with Chapter 6.

(c) Postexit plan procedures.--If three years have elapsed since the adoption of an exit plan without a recommendation as provided in subsection (b), the secretary shall terminate the distressed status of the municipality.

(257 amended Oct. 31, 2014, P.L.2983, No.199)