Rhode Island House Bill H7973

Rhode Island 2022 Regular Session

• Introduced: 3/11/22
• Refer: 3/11/22
• Report Pass: 3/29/22
• Engrossed: 4/5/22
• Enrolled: 4/26/22
• Passed: 5/4/22

Caption

To Vacate The Forfeiture Or Revocation Of The Charter Of Graduate Student Association, Inc.

Impact

The impact of H7973 is significant as it attempts to reconcile the Graduate Student Association's operational status with state regulations. By extending the deadline for filing reports and mitigating penalties, the bill provides a second chance for compliance. This could potentially stabilize the association's existence and allow it to continue serving its purpose for graduate students. The legislation reflects a larger commitment to support student organizations by providing them with avenues to rectify administrative issues without losing their charters and the accompanying rights.

Summary

House Bill H7973 is aimed at vacating the forfeiture or revocation of the charter of the Graduate Student Association, Inc., which had its charter forfeited for failing to file required reports over multiple years from 2001 to 2021. The bill allows the Graduate Student Association until December 31, 2022, to file these overdue reports and pay associated fees to the Secretary of State. If these requirements are met, the association’s charter will be restored and they will regain all privileges and powers as if no forfeiture had occurred. This provision is crucial for maintaining the continued operation of the Graduate Student Association, which serves as a vital body for graduate students within the state.

Contention

While the bill may seem straightforward, some potential points of contention could arise from discussions about accountability and the responsibilities of incorporated entities. Supporters view the legislation as a necessary corrective measure to prevent unnecessary penalties that may threaten the operations of the Graduate Student Association. Conversely, critics might argue that such leniency could set a precedent for other organizations failing to meet their legal obligations, raising questions about the enforcement of corporate governance standards.