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RI S2813
Bill
Status
3/4/2026
Primary Sponsor
Lammis Vargas
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AI Summary
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Authorizes $100,000,000 in general obligation bonds for "Transit Forward RI 2040" to be submitted to Rhode Island voters for approval in the November 2026 general election
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Funds would improve the statewide transit system including fare technology upgrades, bus stop and shelter improvements, safety and accessibility features (crosswalks, sidewalks, curb ramps), and indoor waiting areas with bathrooms and secured bike racks
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Provides matching funds for federal grants supporting high-capacity transit lines planned under the state's transit master plan
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Bonds would be issued in $1,000 denominations, mature within 20 years of issuance, and be exempt from state taxation while backed by the full faith and credit of Rhode Island
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Remaining sections of the act take effect only if a majority of voters approve the ballot proposition
Legislative Description
Submits the state's 2026 capital development program requesting the issuance of general obligation bonds totaling one hundred million dollars ($100,000,000) for approval of the electorate at the general election to be held in November, 2026.
Capital Development Program
Last Action
Introduced, referred to Senate Finance
3/4/2026