Browse Arkansas Code titles and sections
48 U.S.C. § 2231 — Position of Revitalization Coordinator
Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment** There is established, under the Oversight Board, the position of the Revitalization Coordinator.
**(b) Appointment**
(1) **In general** — The Revitalization Coordinator shall be appointed by the Governor as follows:
(A) Prior to the appointment of the Revitalization Coordinator and within 60 days of the appointment of the full membership of the Oversight Board, the Oversight Board shall submit to the Governor no less than three nominees for appointment.
(B) In consultation with the Oversight Board, not later than 10 days after receiving the nominations under subparagraph (A), the Governor shall appoint one of the nominees as the Revitalization Coordinator. Such appointment shall be effective immediately.
(C) If the Governor fails to select a Revitalization Coordinator, the Oversight Board shall, by majority vote, appoint a Revitalization Coordinator from the list of nominees provided under paragraph (A).
(2) **Qualifications** — In selecting nominees under paragraph (1)(A), the Oversight Board shall only nominate persons who—
(A) have substantial knowledge and expertise in the planning, predevelopment, financing, development, operations, engineering, or market participation of infrastructure projects, provided that stronger consideration may be given to candidates who have experience with Energy Projects and the laws and regulations of Puerto Rico that may be subject to an Expedited Permitting Process;
(B) does 11 So in original. Probably should be “do”. not currently provide goods or services to the government of Puerto Rico (and, as applicable, is 22 So in original. Probably should be “are”. not the spouse, parent, child, or sibling of a person who provides or has provided goods and services to the government of Puerto Rico in t
Source: Supplied U.S. Code snapshot — release unconfirmed · 48 U.S.C. § 2231
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: 6dae2aed62d45ef0a08a36d8a8668394dc480752420b833c4f7bdc8f5278eaf6. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_ef84fbb8dbdb88998d95739a
Source file: Laws/federal/codes/united-states-code/title-48/section-2231-position-of-revitalization-coordinator--fae6a32416.md
Pages: Not recorded – Not recorded
Passage SHA-256: b19941aab33b78c9dae9250208a125247cd2aeb5aac4257e0a8f86a49bd706d9
Source location: Title 48, Chapter 20, § 2231; chapter-020-puerto-rico-oversight-management-and-economic-stability.md
Stored source content
**(a) Establishment** There is established, under the Oversight Board, the position of the Revitalization Coordinator.
**(b) Appointment**
(1) **In general** — The Revitalization Coordinator shall be appointed by the Governor as follows:
(A) Prior to the appointment of the Revitalization Coordinator and within 60 days of the appointment of the full membership of the Oversight Board, the Oversight Board shall submit to the Governor no less than three nominees for appointment.
(B) In consultation with the Oversight Board, not later than 10 days after receiving the nominations under subparagraph (A), the Governor shall appoint one of the nominees as the Revitalization Coordinator. Such appointment shall be effective immediately.
(C) If the Governor fails to select a Revitalization Coordinator, the Oversight Board shall, by majority vote, appoint a Revitalization Coordinator from the list of nominees provided under paragraph (A).
(2) **Qualifications** — In selecting nominees under paragraph (1)(A), the Oversight Board shall only nominate persons who—
(A) have substantial knowledge and expertise in the planning, predevelopment, financing, development, operations, engineering, or market participation of infrastructure projects, provided that stronger consideration may be given to candidates who have experience with Energy Projects and the laws and regulations of Puerto Rico that may be subject to an Expedited Permitting Process;
(B) does 11 So in original. Probably should be “do”. not currently provide goods or services to the government of Puerto Rico (and, as applicable, is 22 So in original. Probably should be “are”. not the spouse, parent, child, or sibling of a person who provides or has provided goods and services to the government of Puerto Rico in the preceding 3 calendar years); and
(C) shall not be an officer, employee of, or former officer or employee of the government of Puerto Rico in the preceding 3 calendar years.
(3) **Compensation** — The Revitalization Coordinator shall be compensated at an annual rate determined by the Oversight Board sufficient in the judgment of the Oversight Board to obtain the services of a person with the skills and experience required to discharge the duties of the position, but such compensation shall not exceed the annual salary of the Executive Director.
**(c) Assignment of personnel** The Executive Director of the Oversight Board may assign Oversight Board personnel to assist the Revitalization Coordinator.
**(d) Removal**
(1) **In general** — The Revitalization Coordinator may be removed for any reason, in the Oversight Board’s discretion.
(2) **Termination of position** — Upon the termination of the Oversight Board pursuant to [section 2149 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title48-section2149&num=0&edition=prelim), the position of the Revitalization Coordinator shall terminate.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Submission of reports** Not later than 15 days after the last day of each quarter of a fiscal year (beginning with the fiscal year determined by the Oversight Board), the Governor shall submit to the Oversight Board a report, in such form as the Oversight Board may require, describing—
(1) the actual cash revenues, cash expenditures, and cash flows of the territorial government for the preceding quarter, as compared to the projected revenues, expenditures, and cash flows contained in the certified Budget for such preceding quarter; and
(2) any other information requested by the Oversight Board, which may include a balance sheet or a requirement that the Governor provide information for each covered territorial instrumentality separately.
**(b) Initial action by Oversight Board**
(1) **In general** — If the Oversight Board determines, based on reports submitted by the Governor under subsection (a), independent audits, or such other information as the Oversight Board may obtain, that the actual quarterly revenues, expenditures, or cash flows of the territorial government are not consistent with the projected revenues, expenditures, or cash flows set forth in the certified Budget for such quarter, the Oversight Board shall—
(A) require the territorial government to provide such additional information as the Oversight Board determines to be necessary to explain the inconsistency; and
(B) if the additional information provided under subparagraph (A) does not provide an explanation for the inconsistency that the Oversight Board finds reasonable and appropriate, advise the territorial government to correct the inconsistency by implementing remedial action.
(2) **Deadlines** — The Oversight Board shall establish the deadlines by which the territorial government
Source: Supplied U.S. Code snapshot — release unconfirmed · 48 U.S.C. § 2149
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Requirements for restructuring certification** The Oversight Board, prior to issuing a restructuring certification regarding an entity (as such term is defined in [section 101 of title 11](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title11-section101&num=0&edition=prelim)), shall determine, in its sole discretion, that—
(1) the entity has made good-faith efforts to reach a consensual restructuring with creditors;
(2) the entity has—
(A) adopted procedures necessary to deliver timely audited financial statements; and
(B) made public draft financial statements and other information sufficient for any interested person to make an informed decision with respect to a possible restructuring;
(3) the entity is either a covered territory that has adopted a Fiscal Plan certified by the Oversight Board, a covered territorial instrumentality that is subject to a Territory Fiscal Plan certified by the Oversight Board, or a covered territorial instrumentality that has adopted an Instrumentality Fiscal Plan certified by the Oversight Board; and
(4)
(A) no order approving a Qualifying Modification under [section 2231 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title48-section2231&num=0&edition=prelim) has been entered with respect to such entity; or
(B) if an order approving a Qualifying Modification has been entered with respect to such entity, the entity is unable to make its debt payments notwithstanding the approved Qualifying Modification, in which case, all claims affected by the Qualifying Modification shall be subject to a subchapter III case.
**(b) Issuance of restructuring certification** The issuance of a restructuring certification under this section requires a vote of no fewer than 5 members of the O
Source: Supplied U.S. Code snapshot — release unconfirmed · 48 U.S.C. § 2152
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 384
TITLE 48—TERRITORIES AND INSULAR POSSESSIONS
§ 2215
authorization issued for a Critical Project any
term or condition that may be permitted, but is
not required, by any applicable Puerto Rico law,
if the Revitalization Coordinator determines the
term or condition would prevent or impair the
expeditious construction, operation, or expan-
sion of the Critical Project. The Revitalization
Coordinator may request a Puerto Rico Agency
to include in any certificate, right-of-way, per-
mit, lease, or other authorization, a term or
condition that may be permitted in accordance
with applicable laws if the Revitalization Coor-
dinator determines such inclusion would support
the expeditious construction, operation, or ex-
pansion of any Critical Project.
(f) Disclosure
All Critical Project reports, and justifications
for approval or rejection of Critical Project sta-
tus, shall be made publicly available online
within 5 days of receipt or completion.
(Pub. L. 114–187, title V, § 504, June 30, 2016, 130
Stat. 601.)
§ 2215. Federal agency requirements
(a) Federal Points of Contact
At the request of the Revitalization Coordi-
nator and within 30 days of receiving such a re-
quest, each Federal agency with jurisdiction
over the permitting, or administrative or envi-
ronmental review of private or public projects in
Puerto Rico, shall name a Point of Contact who
will serve as that agency’s liaison with the Revi-
talization Coordinator.
(b) Federal grants and loans
For each Critical Project with a pending or po-
tential Federal grant, loan, or loan guarantee
application, the Revitalization Coordinator and
the relevant Point of Contact shall cooperate
with each other to ensure expeditious review of
such application.
(c) Expedited reviews and actions o
Source: Supplied 2024 U.S. Code historical extraction · 48 U.S.C. § 2231
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.