2012 -- H 8195

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LC02639

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2012

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A N A C T

RELATING TO BRYANT UNIVERSITY

     Introduced By: Representatives Winfield, and Petrarca

     Date Introduced: May 23, 2012

     Referred To: House Finance

It is enacted by the General Assembly as follows:

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     SECTION 1. An act of the general assembly entitled “An Act to Incorporate Bryant

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College of Business Administration” passed at the January session of the general assembly, A.D.,

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1949, as amended, is hereby further amended by adding thereto the following:

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     Section 1.1. The name of the corporation shall be and hereby is changed to Bryant

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University. All references in this act to “the corporation” shall be construed to mean Bryant

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University. This name change shall be deemed retroactive to August 25, 2004.

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     SECTION 2. Section 7 of an act of the general assembly entitled “An Act to Incorporate

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Bryant College of Business Administration” passed at the January session of the general

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assembly, A.D., 1949, as amended, is hereby repealed.

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     Section 7. All the estate, both real and personal of said corporation, wheresoever located,

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whatever its condition, or whenever acquired, shall be exempt from all taxation so long as the

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same is used exclusively for educational purposes.

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     SECTION 3. This act shall take effect upon passage.

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LC02639

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO BRYANT UNIVERSITY

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     This act would amend the 1949 act used to incorporate the Bryant College of Business

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Administration to reflect its current name of Bryant University. This name change would be

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retroactive to August 25, 2004. This act would also repeal the section that exempts the real and

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personal estate of Bryant University from taxation.

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     This act would take effect upon passage.

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LC02639

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