2021 -- H 5693

========

LC001394

========

     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2021

____________

A N   A C T

RELATING TO STATE AFFAIRS AND GOVERNMENT -- CENTRAL FALLS BUSINESS

COOPERATIVE INCUBATOR

     

     Introduced By: Representative Joshua J. Giraldo

     Date Introduced: February 24, 2021

     Referred To: House Municipal Government & Housing

     It is enacted by the General Assembly as follows:

1

     SECTION 1. Title 42 of the General Laws entitled "STATE AFFAIRS AND

2

GOVERNMENT" is hereby amended by adding thereto the following chapter:

3

CHAPTER 64.34

4

CENTRAL FALLS BUSINESS COOPERATIVE INCUBATOR

5

     42-64.34-1. Central Falls Business Cooperative Incubator.

6

     That there is hereby appropriated, out of money in the treasury not otherwise appropriated

7

for the fiscal year 2022-2023 and every year thereafter, the sum of one hundred thousand dollars

8

($100,000) to Fuerza Laboral for the development and management thereafter of a business

9

cooperative incubator located in Central Falls, for the purposes of increasing economic

10

development, assisting with job creation and fostering a path to business ownership.

11

     SECTION 2. This act shall take effect upon passage.

========

LC001394

========

 

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO STATE AFFAIRS AND GOVERNMENT -- CENTRAL FALLS BUSINESS

COOPERATIVE INCUBATOR

***

1

     This act would appropriate one hundred thousand dollars ($100,000) annually to Fuerza

2

Laboral for the purposes of the development and management of a business cooperative located in

3

Central Falls to increase economic development, assist with job creation and a path to business

4

ownership.

5

     This act would take effect upon passage.

========

LC001394

========

 

LC001394 - Page 2 of 2