Chapter 458

2004 -- H 7336 SUBSTITUTE A

Enacted 07/07/04

A N A C T

RELATING TO LIBRARIES - STATE AID

Introduced By: Representatives Lewiss, Fox, Kennedy, Carter, and Naughton

Date Introduced: January 22, 2004

It is enacted by the General Assembly as follows:

     SECTION 1. Section 29-6-2 of the General Laws in Chapter 29-6 entitled "State Aid to

Libraries" is hereby amended to read as follows:

29-6-2. Public library services. -- For each city or town, the state's share to support local

public library services shall be equal to at least twenty-five percent (25%) of both the amount

appropriated and expended in the second preceding fiscal year by the city or town from local tax

revenues and funds from the public library’s private endowment that supplement the municipal

appropriation; and as to only the Providence public library, funds from the Providence public

library's endowment that supplement the municipal appropriation; provided, however, that as to

Providence public library, the state in any year shall not be obligated to match any amount from

the Providence public library's endowment that exceeds six percent (6%) of the three (3) year

average market value, calculated at the end of the calendar year, of the investments in the

endowment. The amount of the grant payable to each municipality in any year in accordance with

this section shall be reduced proportionately in the event that the total of those grants in any year

exceeds the amount appropriated that year for the purposes of this section.

     SECTION 2. This act shall take effect upon passage.

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LC00473/SUB A

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