Authorizes the City of Central Falls to issue bonds and notes in an amount not exceeding $25,000,000 to finance the construction, renovation, improvement, alteration, repair furnishing and equipping of schools and school facilities in the city.
Exempts from taxation the property of the nonprofit Mount St. Rita Health Centre located in Cumberland, RI. The exemption would be effective as of December 31, 2025.
This bill modifies how unclaimed property funds are handled in Rhode Island to support the state's baby bonds trust program. Instead of depositing all unclaimed property proceeds into the general state fund, the legislation directs that $3,000 be allocated annually for each baby born in the previous year to fund the trust program. The remaining unclaimed property funds continue to go to the general fund, while administrative costs for managing and selling abandoned property can be deducted before transfers. The changes would take effect on July 1, 2027, and apply to the state's unclaimed property administrator who oversees these financial transactions.
Authorizes the City of Central Falls to issue bonds and notes in an amount not exceeding $25,000,000 to finance the construction, renovation, improvement, alteration, repair furnishing and equipping of schools and school facilities in the city.
Provides an eight percent (8%) tax rate for those properties that are encumbered by a deed restriction for low-income housing set at eight percent (80%) or sixty percent (60%) of adjusted median income established by HUD.
Authorizes the appropriation of the sum of five million dollars ($5,000,000) to the RI Public Transit Authority to continue services, hire and train more bus operators, and implement the State's Act on Climate goals.
Exempts from taxation the property of the nonprofit Mount St. Rita Health Centre located in Cumberland, RI. The exemption would be effective as of December 31, 2025.
Requires that the state’s share to support public library services in fiscal year 2027 be fixed at twenty-five percent (25%) of the amount appropriated and expended by the city or town in the second preceding fiscal year.
Takes several measures to lead by example by banning state purchases of plastic bottles, and requires state funds to be used to lease or purchase electric vehicles and renewable energy efficient technologies for use on state property.
Creates a publicly funded program for uninsured individuals requiring on an appropriation of $53,200,000 for fiscal year 2027 and an appropriation of 109,600,000 for fiscal year 2028 and every fiscal year thereafter.
