SB 2858 Rhode Island Senate · 2024 Regular Session

AN ACT AUTHORIZING THE CITY OF PROVIDENCE TO ISSUE NOT TO EXCEED $400,000,000 GENERAL OBLIGATION BONDS AND NOTES TO FINANCE THE CONSTRUCTION, RELATED DEMOLITION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, LANDSCAPING, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE CITY AND ALL COSTS RELATED THERETO, SUBJECT TO APPROVAL OF STATE HOUSING AID AT A REIMBURSEMENT RATE OR STATE SHARE RATIO OF NOT LESS THAN 75% AT THE TIME OF ISSUANCE AND PROVIDED THAT THE AUTHORIZATION SHALL BE REDUCED BY THE AMOUNT OF CERTAIN GRANTS RECEIVED FROM STATE BOND PROCEEDS, FROM THE RHODE ISLAND DEPARTMENT OF EDUCATION OR FROM THE RHODE ISLAND SCHOOL BUILDING AUTHORITY

Summary
Authorizes Providence to issue not more than $400,000,000 general obligation bonds & notes to finance the construction, related demolition, renovation, improvement, alteration, repair, landscaping, furnishing and equipping of schools throughout the city.
Bill status signed all 5 stages cleared
Introduction
Mar 2024
Committee Review
Jun 2024
Senate Passage
Jun 2024
House Passage
May 2024
Signed into Law
Jun 2024
Introduced Mar 22, 2024 Signed Jun 17, 2024
Floor votes · Senate Apr 11, 2024

How they voted

330
Passed · 2 other
Total votes 35
Apr 11, 2024
D Democratic30
30 Yea
100% Yea
R Republican5
3 Yea 2
60% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
22
Key actions
8
Committee
6
Jun 17, 2024
Signed into law
06/17/2024 Signed by Governor
executive
Jun 6, 2024
Upper · Passed
06/06/2024 Senate passed Sub A in concurrence
upper
Jun 4, 2024
Legislature · Passed
06/04/2024 Committee recommends passage of Sub A in concurrence
legislature
May 30, 2024
Legislature · Passed
05/30/2024 Committee continued
legislature
May 17, 2024
Committee
05/17/2024 Referred to Senate Finance
upper
May 14, 2024
Lower · Passed
05/14/2024 House passed Sub A
lower
May 9, 2024
Legislature · Passed
05/09/2024 Committee recommends passage of Sub A
legislature
Apr 18, 2024
Committee
04/18/2024 Referred to House Finance
lower
Apr 11, 2024
Upper · Passed
04/11/2024 Senate read and passed
upper
Apr 4, 2024
Legislature · Passed
04/04/2024 Committee recommends passage
legislature
Mar 22, 2024
Introduced
03/22/2024 Introduced, referred to Senate Finance
upper
9 primary · 0 co-sponsors

Sponsors