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| Description | This chapter provides rules for procedures before the Commission and standards to guide the Commission’s reports, appointments, and decisions that are required by § 15.2-2512.1 of the Code of Virginia. The chapter has four parts: Part 1 sets the rules for proceedings before the commission generally; Part 2 sets the standards for the Commission’s initial report on a locality’s fiscal distress; Part 3 creates a process for appointing an emergency fiscal manager and approving the manager’s remediation plan; and Part 4 sets the rules for implementing the remediation plan and ending Commission oversight. |
| State Authority | § 15.2-2512.1 of the Code of Virginia |
| Federal Authority | None |
| Text of Regulation | Link to Virginia Administrative Code |
| Goals of Regulation | None entered |
| Meetings |
| Name / Title: | LeGrand Northcutt / Sr. Policy Analyst |
| Address: |
Main Street Center 600 East Main Street Richmond, VA 23219 |
| Email Address: | legrand.northcutt@dhcd.virginia.gov |
| Telephone: | (804)310-7151 FAX: (804)371-7090 TDD: ()- |
| Current Actions | ||
| Action Title | Latest Stage | Status |
|---|---|---|
| None | ||
| Past Actions | ||
| Action Title | Latest Stage | Status |
|---|---|---|
| Emergency Regulations to Implement Provisions of Section 15.2-2512.1 of the Code of Virginia | Emergency/NOIRA | Stage complete. This regulation became effective on 12/30/2024 and expires on 06/29/2026. |