2022 -- S 2307 | |
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LC004658 | |
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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 LIBRARIES -- STATE AID TO LIBRARIES | |
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Introduced By: Senators Acosta, Picard, Zurier, Cano, Pearson, DiPalma, Seveney, | |
Date Introduced: February 15, 2022 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 29-6-2 of the General Laws in Chapter 29-6 entitled "State Aid to |
2 | Libraries" is hereby amended to read as follows: |
3 | 29-6-2. Public library services. |
4 | For each city or town, the state's share to support local public library services shall be equal |
5 | to at least twenty-five percent (25%) of both the amount appropriated and expended in the second |
6 | preceding fiscal year by the city or town from local tax revenues and funds from the public library's |
7 | private endowment that supplement the municipal appropriation; provided, however, the state in |
8 | any year shall not be obligated to match any amount from the endowment that exceeds six percent |
9 | (6%) of the three-year (3) average market value, calculated at the end of the calendar year, of the |
10 | investments in the endowment. The amount of the grant payable to each municipality in any year |
11 | in accordance with this section shall be reduced proportionately in the event that the total of those |
12 | grants in any year exceeds the amount appropriated that year for the purposes of this section. |
13 | SECTION 2. This act shall take effect upon passage. |
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LC004658 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO LIBRARIES -- STATE AID TO LIBRARIES | |
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1 | This act would require the state to contribute twenty-five percent (25%) of the municipal |
2 | funding level for public library services. |
3 | This act would take effect upon passage. |
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