Rhode Island Senate Bill S1094

Rhode Island 2023 Regular Session

• Introduced: 6/6/23
• Passed: 6/6/23

Caption

Senate Resolution Celebrating June 6, 2023, As "quonset Day" In The State Of Rhode Island

Impact

The resolution highlights that the QBP has grown its developed area significantly, leading to the creation of over 13,000 direct jobs and many more indirect employment opportunities. Tax revenues derived from QBP operations were reported at $169.1 million in 2022, making a considerable contribution to the fiscal well-being of Rhode Island. Additionally, wages at the QBP are notably higher than the state average, further enhancing household incomes in the region.

Summary

Bill S1094 is a Senate Resolution that commemorates June 6, 2023, as 'Quonset Day' in the state of Rhode Island. It recognizes the significant impact of the Quonset Development Corporation (QDC) and the Quonset Business Park (QBP) on the state's economy and job market since their inception. The resolution credits QDC for developing and managing the QBP, which has transformed southern New England into a leading economic engine by creating thousands of jobs and generating substantial tax revenues for the state.

Sentiment

The sentiments expressed regarding Bill S1094 are overwhelmingly positive. Lawmakers and community members recognize the contributions of the QDC and QBP as vital to the state's economic success and job creation initiatives. The resolution aims to promote awareness of Quonset's achievements and to foster ongoing support for its development, illustrating a united front in celebration of local economic milestones.

Contention

While the resolution itself may not contain significant points of contention, it indirectly raises awareness about the importance of ongoing investments in local economic development initiatives. There are potential discussions surrounding the equitable distribution of these economic benefits across different regions and communities within Rhode Island, but these are not the focus of the resolution. Overall, the bill encourages a unified celebration of local achievements.