summary
Introduced
05/19/2023
05/19/2023
In Committee
05/19/2023
05/19/2023
Crossed Over
Passed
Dead
06/16/2023
06/16/2023
Introduced Session
2023 Regular Session
Bill Summary
This act would create the Rhode Island life science hub, a quasi-public corporate body and agency of the state to coordinate life science initiatives on behalf of Rhode Island. This act would take effect on September 1, 2023.
AI Summary
This bill creates the Rhode Island Life Science Hub, a quasi-public corporate body and agency of the state, to coordinate life science initiatives on behalf of Rhode Island. The Hub will facilitate the development of medical and scientific advancements, and provide funding and support to Rhode Island-based life science companies through grants, tax credits, and other incentives. The bill establishes the Hub's governance structure, powers, and an investment fund to finance its operations and initiatives. It also requires the Hub to submit annual reports and undergo regular audits to ensure accountability and transparency.
Committee Categories
Budget and Finance
Sponsors (8)
Joe Shekarchi (D)*,
Mia Ackerman (D),
Jackie Baginski (D),
Chris Blazejewski (D),
Jay Edwards (D),
Raymond Hull (D),
Katie Kazarian (D),
Joseph Solomon (D),
Last Action
Committee recommended measure be held for further study (on 05/23/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://status.rilegislature.gov/ |
| BillText | https://webserver.rilegislature.gov/BillText23/HouseText23/H6426.pdf |
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