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Rhode Island General Assembly· S 2095Committee recommended measure be held for further study

PUBLIC UTILITIES AND CARRIERS -- TRANSPORTATION INVESTMENT AND DEBT REDUCTION ACT OF 2011, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Rhode Island General Assembly, fetched 2026-07-29. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
S2095 2026 -- S 2095 ======== LC003700 ======== STATE OF RHODE ISLAND IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 2026 ____________ A N A C T RELATING TO PUBLIC UTILITIES AND CARRIERS -- TRANSPORTATION INVESTMENT AND DEBT REDUCTION ACT OF 2011 Introduced By: Senators Zurier, McKenney, Gu, Acosta, Bissaillon, Lauria, DiMario, Kallman, Vargas, and Quezada Date Introduced: January 16, 2026 Referred To: Senate Finance It is enacted by the General Assembly as follows: 1 SECTION 1. Section 39-18.1-5 of the General Laws in Chapter 39-18.1 entitled 2 Transportation Investment and Debt Reduction Act of 2011 is hereby amended to read as follows: 3 39-18.1-5. Allocation of funds. 4 (a) The monies in the highway maintenance fund to be directed to the department of 5 transportation pursuant to § 39-18.1-4(b)(1) — (b)(3) shall be allocated through the transportation 6 improvement program process to provide the state match for federal transportation funds, in place 7 of borrowing, as approved by the state planning council. The expenditure of moneys in the highway 8 maintenance fund shall only be authorized for projects that appear in the state’s transportation 9 improvement program. 10 (b) Provided, however, that beginning with fiscal year 2015 and annually thereafter, the 11 department of transportation will allocate necessary funding to programs that are designed to 12 eliminate structural deficiencies of the state’s bridge, road, and maintenance systems and 13 infrastructure. 14 (c) Provided, that beginning July 1, 2015, through June 30, 2025, five percent (5%) of 15 available proceeds in the Rhode Island highway maintenance account shall be allocated annually 16 to the Rhode Island public transit authority for operating expenditures. 17 (d) Provided, that beginning July 1, 2025, through June 30, 2026, ten percent (10%) of 18 available proceeds in the Rhode Island highway maintenance account shall be allocated annually 1 to the Rhode Island public transit authority for operating expenditures. 2 (e) Provided, that beginning July 1, 2026, twenty percent (20%) of available proceeds in 3 the Rhode Island highway maintenance account shall be allocated annually to the Rhode Island 4 public transit authority for operating expenditures. 5 (f) Provided, further, that from July 1, 2017, and annually thereafter, in addition to the 6 amount above, the Rhode Island public transit authority shall receive an amount of not less than 7 five million dollars ($5,000,000) each fiscal year, except for the period July 1, 2019, through June 8 30, 2022, during which such amount or a portion thereof may come from federal coronavirus relief 9 funds. 10 SECTION 2. This act shall take effect upon passage. ======== LC003700 ======== LC003700 - Page 2 of 3 EXPLANATION BY THE LEGISLATIVE COUNCIL OF A N A C T RELATING TO PUBLIC UTILITIES AND CARRIERS -- TRANSPORTATION INVESTMENT AND DEBT REDUCTION ACT OF 2011 *** 1 This act would provide beginning July 1, 2026, that twenty percent (20%) of available 2 proceeds in the Rhode Island highway maintenance account would be allocated annually to RIPTA 3 for operating expenditures. 4 This act would take effect upon passage. ======== LC003700 ======== LC003700 - Page 3 of 3
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