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| 4 | 4 | | |
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| 5 | 5 | | 2025 -- H 6191 |
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| 7 | 7 | | LC002592 |
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| 8 | 8 | | ======== |
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| 9 | 9 | | S T A T E O F R H O D E I S L A N D |
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| 10 | 10 | | IN GENERAL ASSEMBLY |
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| 11 | 11 | | JANUARY SESSION, A.D. 2025 |
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| 12 | 12 | | ____________ |
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| 13 | 13 | | |
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| 14 | 14 | | J O I N T R E S O L U T I O N |
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| 15 | 15 | | MAKING AN APPROPRIATION OF $10,000,000 TO THE RHODE ISLAND FOUNDATION |
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| 16 | 16 | | TO SUPPORT PUBLIC EDUCATION |
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| 17 | 17 | | Introduced By: Representative Lauren H. Carson |
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| 18 | 18 | | Date Introduced: April 04, 2025 |
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| 19 | 19 | | Referred To: House Finance |
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| 20 | 20 | | |
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| 21 | 21 | | |
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| 22 | 22 | | RESOLVED, That there is hereby appropriated to the RHODE ISLAND 1 |
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| 23 | 23 | | FOUNDATION, a Rhode Island domestic nonprofit corporation, the sum of ten million dollars 2 |
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| 24 | 24 | | ($10,00,000), out of any monies in the treasury not otherwise appropriated for fiscal year 2025-3 |
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| 25 | 25 | | 2026, for the Rhode Island Foundation (hereinafter sometimes referred to as the “Foundation”) to 4 |
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| 26 | 26 | | support other education foundations within the state. The Rhode Island Foundation shall establish 5 |
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| 27 | 27 | | an account wherein the funds from this appropriation shall be deposited as principal in an 6 |
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| 28 | 28 | | interest-bearing account to generate funds in support of public education. Annually thereafter, 7 |
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| 29 | 29 | | four percent (4%) of the principal amount shall be distributed by the Rhode Island Foundation to 8 |
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| 30 | 30 | | education foundations which have been established by local public school districts; provided, as 9 |
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| 31 | 31 | | follows: (1) Local education agency foundations shall register annually by September 1 to be 10 |
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| 32 | 32 | | included in the distribution of funds from the Foundation, pursuant to this resolution, in the 11 |
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| 33 | 33 | | following calendar year; and (2) These funds shall be distributed in accordance with criteria 12 |
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| 34 | 34 | | adopted by the local education agency foundations for receipt of these funds and grant awards. 13 |
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| 35 | 35 | | Provided further, these funds and distributions shall be used by the local public school education 14 |
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| 36 | 36 | | foundations to distribute grants to teachers within the district to support, promote and enhance 15 |
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| 37 | 37 | | innovative teaching and learning. The state controller is hereby authorized and directed to draw 16 |
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| 38 | 38 | | their orders upon the general treasurer for the payment of said sum, or so much thereof as may be 17 |
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| 39 | 39 | | |
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| 40 | 40 | | |
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| 41 | 41 | | LC002592 - Page 2 of 3 |
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| 42 | 42 | | from time to time required, upon receipt of properly authenticated vouchers. 1 |
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| 44 | 44 | | LC002592 |
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| 47 | 47 | | |
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| 48 | 48 | | LC002592 - Page 3 of 3 |
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| 49 | 49 | | EXPLANATION |
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| 50 | 50 | | BY THE LEGISLATIVE COUNCIL |
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| 51 | 51 | | OF |
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| 52 | 52 | | J O I N T R E S O L U T I O N |
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| 53 | 53 | | MAKING AN APPROPRIAT ION OF $10,000,000 TO THE RHODE ISLAND FOUNDATION |
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| 54 | 54 | | TO SUPPORT PUBLIC EDUCATION |
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| 55 | 55 | | *** |
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| 56 | 56 | | This joint resolution would authorize the appropriation of the sum of ten million dollars 1 |
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| 57 | 57 | | ($10,000,000) to the Rhode Island Foundation, to generate funds to support public education 2 |
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| 58 | 58 | | through distributions to local education agency foundations. 3 |
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| 59 | 59 | | Local education agencies’ foundations shall register annually by September 1 to be 4 |
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| 60 | 60 | | included in the distribution of funds from the Foundation, pursuant to this resolution, and funds 5 |
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| 61 | 61 | | shall be distributed in accordance with criteria adopted by the local education agencies’ 6 |
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| 62 | 62 | | foundations for receipt of these funds. 7 |
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| 64 | 64 | | LC002592 |
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