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RI H7615

RI H7615
Rhode Island Community Resiliency And Preservation Act


summary

Introduced
02/14/2020
In Committee
02/14/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2020 Regular Session

Bill Summary

A N A C T AN ACT RELATING TO TOWNS AND CITIES -- RHODE ISLAND COMMUNITY RESILIENCY AND PRESERVATION ACT *** This act would authorize cities and towns with the authority to propose, for consideration 1 and decision by their voters, a reliable source of capital funding for investing in their community. 2 This act would take effect on July 1, 2020. 3 ======== LC004374 ========

AI Summary

This bill, the Rhode Island Community Resiliency and Preservation Act, would authorize cities and towns in Rhode Island to propose and implement a surcharge on real property of up to 3% of the real estate tax levy for the purpose of funding capital investments in community preservation and climate resilience. The surcharge would need to be approved by voters in each city or town. The funds generated would be used for the acquisition, creation, and preservation of open space, historic resources, and infrastructure to adapt to climate change impacts. Each city or town would establish a community resiliency and preservation committee to oversee the use of the funds. The bill also allows cities and towns to apply the funds as local matching funds for state, federal, and foundation grants.

Committee Categories

Government Affairs

Sponsors (5)

Last Action

Committee postponed at request of sponsor (03/12/2020) (on 03/09/2020)

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