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RI H7824
Bill
Status
2/26/2026
Primary Sponsor
Charlene Lima
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AI Summary
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Eliminates the $5 million annual allocation from demand-side management gas and electric funds to the Rhode Island Infrastructure Bank, which was established effective January 1, 2022
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Removes authorization for the Infrastructure Bank to use these transferred funds for energy efficiency, renewable energy, clean transportation, clean heating, energy storage, and demand-side management project financing programs
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Eliminates the Infrastructure Bank's requirement to report annually to the Public Utilities Commission on how the transferred collections were utilized
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Takes effect immediately upon passage
Legislative Description
Terminates the requirement that the public utilities commission allocate five million dollars ($5,000,000) annually to the Rhode Island infrastructure bank for use with energy efficient programs.
Public Utilities And Carriers
Last Action
Introduced, referred to House Finance
2/26/2026