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RI S2095

RI S2095
Gives 20% of proceeds in RI Highway Maintenance Account to RIPTA.


summary

Introduced
01/16/2026
In Committee
01/16/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

This act would provide beginning July 1, 2026, that twenty percent (20%) of available proceeds in the Rhode Island highway maintenance account would be allocated annually to RIPTA for operating expenditures. This act would take effect upon passage.

AI Summary

This bill, effective upon passage, amends the "Transportation Investment and Debt Reduction Act of 2011" to increase the portion of funds from the Rhode Island highway maintenance account that are allocated to the Rhode Island Public Transit Authority (RIPTA) for its operating expenses. Specifically, starting July 1, 2026, twenty percent (20%) of the available proceeds in this account will be directed to RIPTA annually, a significant increase from the current ten percent (10%) allocated through June 30, 2026. The highway maintenance account is a fund used for transportation projects, and this change redirects a larger share of its revenue to support public transportation operations.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

Introduced, referred to Senate Finance (on 01/16/2026)

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