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RI S2357
Bill
Status
1/30/2026
Primary Sponsor
Walter Felag
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AI Summary
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Prohibits the governor and general assembly from transferring or reallocating funds collected by quasi-public corporations to the state's general fund or other state agencies
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Requires that all funds and property held by quasi-public corporations remain with those entities to carry out their designated government functions and services
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Prevents assets or property of quasi-public entities from benefiting any private person, corporation, or entity
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Applies to 20 specified quasi-public entities including the Rhode Island Commerce Corporation, Public Transit Authority, Airport Corporation, Housing and Mortgage Finance Corporation, Infrastructure Bank, and Resource Recovery Corporation
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Takes effect immediately upon passage
Legislative Description
Provides that funds or monies collected by designated quasi-public corporations or agencies not be subject to transfer or reallocation by order of the governor or general assembly.
State Affairs And Government
Last Action
Introduced, referred to Senate Finance
1/30/2026