An Act Authorizing the City of Providence to Issue Not to Exceed $400,000,000 General Obligation Bonds and Notes to Finance the Construction, Related Demolition, Renovation, Improvement, Alteration, Repair, Landscaping, Furnishing and Equipping of Schools and School Facilities Throughout the City and All Costs Related Thereto, Subject to Approval of State Housing Aid at a Reimbursement Rate or State Share Ratio of Not Less Than 75% at the Time of Issuance and Provided That the Authorization Shall Be Reduced by the Amount of Certain Grants Received from State Bond Proceeds, from the Rhode Island Department of Education or from the Rhode Island School Building Authority
It became law on Jun 17, 2024.
- Stage
- Became law
- Started in
- Senate
- Sponsors
- +5
- Latest action
- Jun 17, 2024
What it does
Authorizes Providence to issue not more than $400,000,000 general obligation bonds & notes to finance the construction, related demolition, renovation, improvement, alteration, repair, landscaping, furnishing and equipping of schools throughout the city.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Loading recorded actions…
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
Loading coverage…
Where it goes next
It is law in Rhode Island. What happens now is up to the agency that carries it out, the courts, and the place itself.