AN ACT AUTHORIZING THE CHARIHO REGIONAL SCHOOL DISTRICT TO FINANCE IMPROVEMENTS, FURNISHING, AND EQUIPMENT REPLACEMENTS AT THE SWITCH ROAD CAMPUS INCLUDING, BUT NOT LIMITED TO, COSTS OF DEMOLITION, DESIGN, HEALTH AND SAFETY PROJECTS, ROOFING, PLAYGROUNDS, LANDSCAPING, PAVING AND ALL EXPENSES INCIDENTAL THERETO BY THE ISSUANCE OF NOT MORE THAN $15,000,000 BONDS AND/OR NOTES THEREFOR, SUBJECT TO APPROVAL OF STATE HOUSING AID AT A REIMBURSEMENT RATE OR STATE SHARE RATIO OF NOT LESS THAN 61% AT THE TIME OF ISSUANCE, WHICH RATE OR RATIO MAY INCREASE TO 65% AT PROJECT COMPLETION
This bill authorizes the Chariho Regional School District to issue up to $15 million in bonds to fund improvements and equipment replacements at its Switch Road Campus. The funds can be used for various projects including roofing, playgrounds, landscaping, paving, and necessary health and safety upgrades. The legislation includes specific financial conditions, such as requiring state housing aid to cover at least 61% of the costs, and outlines how the district can manage temporary financing and bond repayment.
Bill status
signed
all 5 stages cleared
Introduction
May 2024
Committee Review
Jun 2024
House Passage
Jun 2024
Senate Passage
Jun 2024
Signed into Law
Jun 2024
Introduced May 24, 2024
Signed Jun 20, 2024
Floor votes · House Jun 6, 2024
How they voted
This bill passed the Senate. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
12
Key actions
3
Committee
2
Jun 11, 2024
Upper · Passed
06/11/2024 Senate passed Sub A in concurrence
upper
Jun 6, 2024
Lower · Passed
06/06/2024 House passed Sub A
lower
Jun 4, 2024
Legislature · Passed
06/04/2024 Committee recommends passage of Sub A
legislature
May 29, 2024
Committee
05/29/2024 Committee recommended measure be held for further study
legislature
May 24, 2024
Introduced
05/24/2024 Introduced, referred to House Finance
lower
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Brian Kennedy
DDemocratic
P
Megan Cotter
DDemocratic
P
Tina Spears
DDemocratic
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