Rhode Island 2024 Regular Session

Rhode Island Senate Bill S2370

Introduced
2/12/24  

Caption

Requires 10% of all rental fees collected by the water resources board pursuant to a lease with the Coventry Pines Golf Club be paid to the town of Coventry and 10% to the Central Coventry Fire District.

Impact

The passage of S2370 would create a financial mechanism aimed at supporting local governance and emergency services in Coventry. By channeling a portion of rental income derived from state-owned resources into local coffers, the bill could enhance funding for critical services, such as fire protection, which directly impacts resident safety and community welfare. This initiative may help build a stronger financial foundation for local governments, allowing them to allocate funds for various community projects or necessities.

Summary

Bill S2370, introduced in the Rhode Island General Assembly, seeks to amend the existing laws regarding water resources management by establishing a new requirement for the distribution of rental fees collected by the water resources board. Specifically, the bill mandates that twenty percent of all rental fees from lease agreements with the Coventry Pines Golf Club must be allocated to local governance structures. Ten percent of these fees will go directly to the town of Coventry, while the remaining ten percent will be directed to the Central Coventry Fire District. The legislation aims to ensure that local communities benefit financially from state-managed resources.

Contention

Despite its apparent benefits, S2370 might encounter opposition based on viewpoints regarding state control over local finances. Some critics may argue that tying local funding to state-managed resources could lead to issues of dependency on fluctuating rental incomes and may not sufficiently address the broader financial needs of local governments. Furthermore, discussions may arise about the allocation proportions and whether such distributions adequately meet the demands of local services, prompting calls for more comprehensive funding solutions.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.