RI
Rhode Island House Bill H6455

Rhode Island 2023 Regular Session

Rhode Island House Bill H6455

Introduced
5/26/23  
Refer
5/26/23  
Report Pass
6/7/23  
Engrossed
6/12/23  
Enrolled
6/14/23  

Caption

Authorizing The Bristol Warren Regional School District To Issue Not To Exceed Two Hundred Million Dollars

Impact

If approved, this bill would notably improve the state laws relating to school financing and infrastructure development. It allows the school district to efficiently procure necessary funding without extensive bureaucratic approval when issuing bonds. Additionally, eligible expenditures include not just construction costs but also incidental expenses such as landscaping and project-related consulting, thereby ensuring a comprehensive approach to school facility enhancement.

Summary

House Bill 6455 authorizes the Bristol Warren Regional School District to issue general obligation bonds up to $200 million. The funds are designated for the acquisition, construction, improvement, renovation, and equipping of a new high school and accompanying athletic facilities. This substantial financial measure aims to enhance the educational infrastructure within the district to support ongoing educational needs and foster community engagement in local schools.

Contention

Notably, a measure of contention surrounds the bill's requirement to submit the bond issuance for voter approval during a general or local election on November 7, 2023. Some community members may express concerns regarding the long-term impact of the debt on local tax rates and how apportionment of the bond repayment will affect taxpayers in Bristol and Warren. The need for public consultation and transparency in the allocation of funds is likely to play a significant role in the discussions as the election date approaches.

Latest RI H6455 Activity

View All Events: RI 2023 Regular Session H6455

Companion Bills

No companion bills found.

Previously Filed As

RI S1073

Authorizing The Bristol Warren Regional School District To Issue Not To Exceed Two Hundred Million Dollars

RI S0982

Authorizing The Stone Bridge Fire District To Issue General Obligation Bonds And/or Notes In An Amount Not To Exceed One Million Two Hundred Fifty Thousand Dollars

RI H6386

Authorizing The Stone Bridge Fire District To Issue General Obligation Bonds And/or Notes In An Amount Not To Exceed One Million Two Hundred Fifty Thousand Dollars

RI H6454

Authorizing The Town Of Lincoln To Issue Not To Exceed $25,000,000 General Obligation Bonds And Notes For The Construction, Renovation, Rehabilitation, Repair, Improvements, Furnishing And Equipping Of And/or Additions To Lincoln Elementary Schools

RI S1069

Authorizing The Town Of Lincoln To Issue Not To Exceed $25,000,000 General Obligation Bonds And Notes For The Construction, Renovation, Rehabilitation, Repair, Improvements, Furnishing And Equipping Of And/or Additions To Lincoln Elementary Schools

RI H6129

AUTHORIZING THE TOWN OF WEST WARWICK TO ISSUE NOT TO EXCEED $71,000,000 GENERAL OBLIGATION BONDS AND NOTES TO FINANCE THE ACQUISITION, CONSTRUCTION, IMPROVEMENT, RENOVATION, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN AND ALL ATTENDANT EXPENSES INCLUDING, BUT NOT LIMITED TO, DEMOLITION, ENGINEERING, ARCHITECTURAL AND LANDSCAPING COSTS

RI S1126

AUTHORIZING THE TOWN OF WEST WARWICK TO ISSUE NOT TO EXCEED $71,000,000 GENERAL OBLIGATION BONDS AND NOTES TO FINANCE THE ACQUISITION, CONSTRUCTION, IMPROVEMENT, RENOVATION, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN AND ALL ATTENDANT EXPENSES INCLUDING, BUT NOT LIMITED TO, DEMOLITION, ENGINEERING, ARCHITECTURAL AND LANDSCAPING COSTS

RI H5101

Authorizing The Town Of North Providence To Issue Not To Exceed $125,000,000 General Obligation Bonds, Notes And Other Evidences Of Indebtedness To Finance The Construction, Renovation, Rehabilitation, Repair, Improvements, Furnishing And Equipping Of And/or Additions To Schools And School Facilities In The Town, Including, But Not Limited To, The Construction Of Three Elementary Schools, The Renovation Of Two Middle Schools And The Construction Of New Administrative Offices, Subject To Approval Of State Housing Aid At A Reimbursement Rate Or State Share Ratio Of Not Less Than 79.8% For Expenditures Eligible For Reimbursement

RI S0018

Authorizing The Town Of North Providence To Issue Not To Exceed $125,000,000 General Obligation Bonds, Notes And Other Evidences Of Indebtedness To Finance The Construction, Renovation, Rehabilitation, Repair, Improvements, Furnishing And Equipping Of And/or Additions To Schools And School Facilities In The Town, Including, But Not Limited To, The Construction Of Three Elementary Schools, The Renovation Of Two Middle Schools And The Construction Of New Administrative Offices, Subject To Approval Of State Housing Aid At A Reimbursement Rate Or State Share Ratio Of Not Less Than 79.8% For Expenditures Eligible For Reimbursement

RI H6429

Authorizing The Town Of North Kingstown To Issue Not More Than $222,460,000 Of Bond And Notes Of Which

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