Bill > S3334

This bill makes changes to the leadership of two Rhode Island organizations involved in economic development and life sciences. First, it amends the Rhode Island Life Science Hub Board of Directors by increasing its size by one member to include the chairperson of the I-195 Redevelopment District Commission, who will serve in a non-voting capacity. Second, it modifies the I-195 Redevelopment District Commission by adding the chair of the Rhode Island Life Science Hub as a non-voting ex officio member, bringing the total number of non-voting members to three. The bill also makes other adjustments to the powers and duties of the I-195 Redevelopment District Commission, including clarifying its ability to establish a nonprofit corporation for managing district parks and extending the commission's sunset date to December 31, 2039, or when all properties are developed and sold, whichever comes first. These changes are intended to foster collaboration and streamline operations between these two entities.