AN ACT RELATING TO PUBLIC UTILITIES AND CARRIERS -- MUNICIPAL STREETLIGHT INVESTMENT ACT

HB 7522 permits the Quonset Development Corporation to own, maintain, and control all streetlights within the Quonset Business Park, resolving current ownership uncertainty. It allows the Corporation to acquire streetlights currently owned by electric companies or municipalities, requiring compensation as outlined in existing law. The bill amends Rhode Island's Municipal Streetlight Investment Act to specifically grant this authority for the Quonset Business Park. This change aims to streamline maintenance and improve safety for pedestrians and drivers in the area.