Rhode Island 2023 Regular Session

Rhode Island Senate Bill S0234 Compare Versions

Only one version of the bill is available at this time.

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5	5	2023 -- S 0234
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7	7	LC001270
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9	9	S TATE OF RHODE IS LAND
10	10	IN GENERAL ASSEMBLY
11	11	JANUARY SESSION, A.D. 2023
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13	13
14	14	A N A C T
15	15	RELATING TO PUBLIC UTILITIES AND CARRIERS -- RHODE ISLAND PUBLIC
16	16	TRANSIT AUTHORITY
17	17	Introduced By: Senators Kallman, Euer, Cano, Pearson, Goodwin, Mack, Acosta,
18	18	Murray, DiMario, and Lauria
19	19	Date Introduced: February 16, 2023
20	20	Referred To: Senate Finance
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23	23	It is enacted by the General Assembly as follows:
24	24	SECTION 1. Section 39-18-9 of the General Laws in Chapter 39-18 entitled "Rhode Island 1
25	25	Public Transit Authority" is hereby amended to read as follows: 2
26	26	39-18-9. Revenues. 3
27	27	The authority is hereby authorized and empowered to fix and revise, from time to time, 4
28	28	such schedules of service and rates of fare and charges for service furnished or operated as it 5
29	29	determines to be reasonable. The schedules of service, rates of fare, and charges for service shall 6
30	30	not be subject to supervision or regulation by any commission, board, bureau, or agency of the state 7
31	31	or of any municipality or other political subdivision of the state; except as provided in § 39-18-4. 8
32	32	Provided, however, any changes in frequency of services of more than fifteen percent (15%), 9
33	33	providers of service, rates of service, and other than systemwide changes, and charges for service 10
34	34	shall be presented for comment in at least one public hearing scheduled in an accessible location in 11
35	35	each county affected, and the hearing shall be scheduled in two (2) sessions, one during daytime 12
36	36	business hours and one during evening hours. The revenues derived from the authority’s operations 13
37	37	and any other Any funds or property received or to be received by the authority (including, without 14
38	38	limitation, any funds or other property received or to be received by the authority pursuant to § 39-15
39	39	18-4(a)(10)), in whole or in part, at any time and from time to time, may be pledged to, and charged 16
40	40	with, the payment of the principal of and the interest on some or all of the authority’s bonds as 17
41	41	provided for in the resolution authorizing the issuance of the bonds or in the trust agreement 18
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44	44	LC001270 - Page 2 of 3
45	45	securing the bonds. The pledge shall be valid and binding from the time when the pledge is made; 1
46	46	the revenues, funds, or other property so pledged, and thereafter received by the authority, shall 2
47	47	immediately be subject to the lien of the pledge without any physical delivery thereof or further 3
48	48	act, and the lien of any pledge shall be valid and binding as against all parties having claims of any 4
49	49	kind, in tort, contract, or otherwise, against the authority, irrespective of whether the parties have 5
50	50	notice thereof. Neither the resolution nor any trust agreement by which a pledge is created need be 6
51	51	filed or recorded except in the records of the authority. 7
52	52	(b) It is hereby declared that the authority shall not impose any fares and/or charges for 8
53	53	service provided to the general public. 9
54	54	SECTION 2. This act shall take effect on January 1, 2024. 10
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61	61	EXPLANATION
62	62	BY THE LEGISLATIVE COUNCIL
63	63	OF
64	64	A N A C T
65	65	RELATING TO PUBLIC UTILITIES AND CARRIERS -- RHODE ISLAND PUBLIC
66	66	TRANSIT AUTHORITY
67	67	***
68	68	This act would prohibit the Rhode Island Public Transit Authority (RIPTA) from imposing 1
69	69	any fares and/or charges for service provided to the general public. 2
70	70	This act would take effect on January 1, 2024. 3
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