2021 -- S 0291

========

LC000825

========

     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2021

____________

A N   A C T

RELATING TO HEALTH AND SAFETY – RHODE ISLAND RESOURCE RECOVERY

CORPORATION

     

     Introduced By: Senator Ryan W. Pearson

     Date Introduced: February 18, 2021

     Referred To: Senate Environment & Agriculture

     It is enacted by the General Assembly as follows:

1

     SECTION 1. Chapter 23-19 of the General Laws entitled “Rhode Island Resource

2

Recovery Corporation" is hereby amended by adding thereto the following section:

3

     23-19-43. Operational surplus.

4

     Any operational surplus of the Rhode Island resource recovery corporation shall be

5

deposited, on an annual basis, to a restricted receipt account to be used exclusively for infrastructure

6

maintenance and improvement of waste management systems to be managed by the general

7

treasurer.

8

     SECTION 2. This act shall take effect upon passage.

========

LC000825

========

 

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO HEALTH AND SAFETY – RHODE ISLAND RESOURCE RECOVERY

CORPORATION

***

1

     This act would provide that any operational surplus of the Rhode Island resource recovery

2

corporation shall be automatically transferred, on an annual basis, to a restricted receipt account for

3

the sole purpose of waste management infrastructure.

4

     This act would take effect upon passage.

========

LC000825

========

 

LC000825 - Page 2 of 2