Rhode Island House Bill H6463

Rhode Island 2023 Regular Session

• Introduced: 5/31/23
• Refer: 5/31/23

Caption

Long-term Economic Development

Impact

The act introduces climate change, sea-level rise, and coastal resiliency concerns into the state’s economic development planning. By incorporating these critical issues, the bill aims to ensure that economic strategies are not only sustainable but also adaptive to the challenges posed by environmental changes. The increased focus on equitable economic outcomes indicates a shift towards fostering inclusive growth that benefits all community segments.

Summary

House Bill 6463 is a significant legislative proposal aimed at enhancing the economic development framework in Rhode Island. The bill mandates the economic development corporation and the division of planning to collaborate in creating a written long-term economic development vision and policy. This strategic plan is expected to seamlessly integrate various factors such as business growth with land use, transportation choices, and equitable outcomes for all Rhode Islanders. The proposal emphasizes the need for a comprehensive analysis of the state’s infrastructure to support the outlined economic development strategies.

Contention

A notable point of contention could arise from the amendment to increase the number of members in the economic development planning council. This change includes new members from the departments of environmental management and coastal resources management council. Stakeholders may debate the implications of this increase, particularly regarding the balance of interests in economic development versus environmental protection. The requirement for public hearings before the approval of the policy and plan adds a layer of transparency and community involvement that may be welcomed by some but seen as a potential delay by others.