Loading chat...
RI S2356
Bill
Status
1/30/2026
Primary Sponsor
Leonidas Raptakis
Click for details
AI Summary
-
Transfers administration of Big River Reservoir lands from the Water Resources Board to the Department of Environmental Management, effective July 1, 2026, while the Water Resources Board retains fresh water resource management authority
-
Extends sunset dates for multiple economic development tax credit and incentive programs from December 31, 2026 to December 31, 2028, including Rebuild Rhode Island Tax Credit, RI Tax Increment Financing, Tax Stabilization Incentive, First Wave Closing Fund, I-195 Redevelopment Project Fund, Wavemaker Fellowships, Main Street Streetscape Improvement Fund, Innovation Initiative, and New Qualified Jobs Incentive
-
Increases the maximum aggregate cap for Rebuild Rhode Island Tax Credits from $225 million to $250 million
-
Establishes a state energy benchmarking and performance standards program requiring state departments to report monthly energy usage for state-owned facilities at least 25,000 gross square feet, with annual reporting beginning March 31, 2030 and performance standards to be developed by March 31, 2031 with compliance by 2050
-
Creates a voluntary energy benchmarking program for municipal and school buildings at least 25,000 gross square feet, with the Office of Energy Resources providing technical and financial assistance to municipalities
Legislative Description
Directs the department of environmental management to administer and manage the land and natural resources of the Big River Reservoir.
State Affairs And Government
Last Action
Introduced, referred to Senate Finance
1/30/2026