2022 -- H 7624

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LC005274

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2022

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A N   A C T

RELATING TO STATE AFFAIRS AND GOVERNMENT -- CENTRAL FALLS BUSINESS

COOPERATIVE INCUBATOR

     

     Introduced By: Representatives Giraldo, McLaughlin, and Alzate

     Date Introduced: March 02, 2022

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

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

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

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CHAPTER 64.34

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CENTRAL FALLS BUSINESS COOPERATIVE INCUBATOR

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

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

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for the fiscal year 2023-2024 and every year thereafter, the sum of one hundred thousand dollars

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

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

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

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     SECTION 2. This act shall take effect upon passage.

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LC005274

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO STATE AFFAIRS AND GOVERNMENT -- CENTRAL FALLS BUSINESS

COOPERATIVE INCUBATOR

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

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

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

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ownership.

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     This act would take effect upon passage.

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LC005274

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