JOINT RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY BLOCKCHAIN AND CRYPTOCURRENCY (Creates a 7-member commission to for proposals encouraging a positive economic environment for blockchain and cryptocurrency, and would submit an interim report by January 5, 2026, a final report by January 5, 2027, and expires on February 5, 2027.)
Prohibits an individual who is licensed as both a Rhode Island real estate agent and mortgage loan originator to be compensated for both the sale of the property and the origination or referral of the loan in securing the property.
Requires that insurance policies for property damage, personal injuries, and indemnification other than payment of compensation for workers compensation, state policy limits and no amount of the policy may be used to pay costs to defend a claim.
Establishes an intervenor support program to provide compensation for an intervenor who makes a substantial contribution to a proceeding resulting in a decision favorable to the interest of utility consumers.
Mandates state and electric distribution companies develop proposals and encourage off shore wind power development and give priority in those projects to providing employment and business opportunities to workers from disadvantaged communities.
Prohibits public utilities, serving greater 100,000 customers from recovering through rates any direct or indirect cost associated with, amongst other costs, advertising, marketing, communications.
Provides amendments to procedures necessary for approval of transactions between utilities by giving the public utilities commission jurisdiction; mandates public hearings, allows intervention by any interested party and provides for appeal.
Creates a taskforce to provide recommendations, advice and guidance to help expedite and provide technical assistance with regard to the development of solar energy systems on property owned by the state.
Voids any provision in a condominium declaration or bylaw that would limit an increase in annual assessments relative to a percentage of the prior year's assessment.