2026 -- H 8529 | |
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LC006426 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2026 | |
____________ | |
A N A C T | |
RELATING TO HEALTH AND SAFETY -- THE RHODE ISLAND LIFE SCIENCE HUB | |
ACT | |
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Introduced By: Representatives Baginski, and Slater | |
Date Introduced: May 06, 2026 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 23-99-4 of the General Laws in Chapter 23-99 entitled "The Rhode |
2 | Island Life Science Hub Act" is hereby amended to read as follows: |
3 | 23-99-4. Rhode Island life science hub established. |
4 | (a) There is hereby constituted as an independent public a public corporation for the |
5 | purposes set forth in this chapter with a separate legal existence from the state to be known as the |
6 | Rhode Island life science hub hereinafter to be referred to as the “hub”. The exercise by the hub of |
7 | the powers conferred by this chapter shall be considered to be the performance of an essential |
8 | governmental function and the hub shall be considered a “constituted authority” and an |
9 | “instrumentality” of the state acting on behalf of the state for federal tax purposes. |
10 | (b) The hub shall be governed and its corporate powers exercised by a board of directors |
11 | consisting of sixteen (16) seventeen (17) directors: fifteen (15) of whom shall be appointed by the |
12 | governor, and one of whom shall be the person the board hires from time to time as president and |
13 | chief executive officer of the hub, and one of whom shall be the chairperson of the I-195 |
14 | redevelopment district commission. The president and chief executive officer of the hub shall serve |
15 | ex officio and, except as otherwise provided in subsection (k) of this section, shall not be a voting |
16 | member of the board of directors. The chairperson of the I-195 redevelopment district commission |
17 | shall serve ex officio and shall not be a voting member of the board of directors. The fifteen (15) |
18 | directors appointed by the governor shall consist of seven (7) public directors and eight (8) |
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1 | institutional directors. The seven (7) public directors shall have the following qualifications: one |
2 | shall be a senior executive with extensive background in the banking, grant making, or fundraising |
3 | fields, or their designee; one shall be a member of a life science trade association, or their designee; |
4 | one shall be the president or a senior executive of a Rhode Island based life science company, or |
5 | their designee; two (2) shall be senior executives of Rhode Island based life science companies |
6 | specializing in biomanufacturing, or their designees; one shall be a representative of organized |
7 | labor, or their designee; and one shall be a member of the public who shall be a certified public |
8 | accountant and a member of the Rhode Island society of certified public accountants, or their |
9 | designee. The eight (8) institutional directors shall have the following qualifications: one shall be |
10 | the secretary of commerce, ex officio; three (3) shall be the president of Rhode Island college, ex |
11 | officio, or their designee, the president of the university of Rhode Island, ex officio, or their |
12 | designee, and the president of Brown university, ex officio, or their designee; one shall be the dean |
13 | of the Warren Alpert Medical School of Brown university, ex officio, or their designee; one shall |
14 | be the president and chief executive officer of Brown university health, ex officio, or their designee; |
15 | one shall be the president and chief executive officer of Care New England Health System, ex |
16 | officio, or their designee; and one shall be the director of economic development for the city of |
17 | Providence, ex officio, or their designee. To the extent that an institution takes on a new legal name, |
18 | the institutional director shall continue to serve as an institutional director without the need for |
19 | reappointment. To the extent that an institution merges, converts, consolidates with, or sells or |
20 | transfers all or substantially all of its assets to another company and such company retains its |
21 | primary operations in the state, the chief executive officer of such company shall be qualified for |
22 | appointment as an institutional director in accordance with this section. |
23 | (c) The chair of the board shall be appointed by the governor, with the advice and consent |
24 | of the senate, and shall be an individual who served in the capacity as a senior executive with |
25 | extensive background in the banking, grant making, or fundraising fields. The vice-chair of the |
26 | board shall be the secretary of commerce. All directors, including ex officio directors, shall be |
27 | voting members of the board of directors, except for the director serving as president and chief |
28 | executive officer of the hub, who shall not be a voting member of the board. Eight (8) voting |
29 | directors shall constitute a quorum, and any action to be taken by the board under the provisions of |
30 | this chapter may be authorized by resolution approved by a majority of the directors present and |
31 | entitled to vote at any regular or special meeting at which a quorum is present. No votes on the |
32 | certification of any life science company nor on the allocation or award of any investment fund |
33 | resources to any certified life science company shall be taken unless the chair is present and voting. |
34 | A vacancy in the membership of the board of directors shall not impair the right of a quorum to |
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1 | exercise all of the rights and perform all of the duties of the board. Pursuant to § 42-46-5(b)(6), |
2 | board directors are authorized to participate remotely using videoconferencing technology in open |
3 | public meetings of the board; provided, however, that: |
4 | (1) The remote director(s) and all persons present at the meeting location are clearly audible |
5 | and visible to each other; |
6 | (2) A quorum of the body is participating, either in person or by the use of remote |
7 | videoconferencing technology; |
8 | (3) A voting director who participates in a meeting of the board remotely shall be |
9 | considered present for purposes of a quorum and voting; |
10 | (4) If videoconferencing is used to conduct a meeting, the public notice for the meeting |
11 | shall inform the public that videoconferencing will be used and include instructions on how the |
12 | public can access the virtual meeting; and |
13 | (5) The board shall adopt rules defining the requirements of remote participation including |
14 | its use for executive session, and the conditions by which a director is authorized to participate |
15 | remotely. |
16 | (d) Each public director shall serve an initial term of four (4) years. At the expiration of the |
17 | initial terms of public directors in January 2028, the governor shall appoint two (2) directors for a |
18 | term of four (4) years, two (2) directors for a term of three (3) years, two (2) directors for a term of |
19 | two (2) years, and one director for a term of one year. Thereafter, the governor shall appoint a new |
20 | public director or directors to succeed the public director or directors whose terms then next expire, |
21 | to serve a term of four (4) years. The president and chief executive officer shall have a board term |
22 | coextensive with such person’s employment contract with the hub. In the event that the chair of the |
23 | board position becomes vacant for any reason, or the chair is not able to perform the duties of that |
24 | position for any reason, the vice chair shall serve as the interim chair until the chair is able to resume |
25 | the chair’s duties; provided, however, in the event that the chair is not able to resume the chair’s |
26 | duties in that position, the governor shall appoint a new chair and, in making this appointment, the |
27 | governor shall give due consideration to appointing an individual from a list of six (6) candidates, |
28 | three (3) of whom shall be provided to the governor by the speaker of the house and three (3) of |
29 | whom shall be provided to the governor by the president of the senate. Any person appointed to fill |
30 | a vacancy in the office of a public director of the board shall be appointed in a like manner and |
31 | shall serve for the unexpired term of such public director. Any director shall be eligible for |
32 | reappointment. |
33 | (e) The public director who is a certified public accountant and a member of the Rhode |
34 | Island society of certified public accountants shall serve as treasurer and shall be charged with |
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1 | keeping the funds, books of account, and accounting records of the hub. No grants, loans or other |
2 | financings, or incentives shall be issued by the hub to any certified life science company without |
3 | the approval of the board. The board shall annually elect a secretary who shall keep a record of the |
4 | proceedings of the board and shall be custodian of all books, documents, and papers. |
5 | (f) Board directors, other than the director who serves as the president and chief executive |
6 | officer of the hub, shall serve without compensation, but each director shall be entitled to |
7 | reimbursement for actual, reasonable, and necessary expenses while engaged in the performance |
8 | of official duties. Board directors, officers, and employees shall not be liable to the state, the hub, |
9 | or to any other person as a result of their activities except for malfeasance in office or intentional |
10 | violations of law. |
11 | (g) The board shall establish an application review committee consisting of not less than |
12 | three (3) directors of the board, which shall review certification proposals submitted by life sciences |
13 | companies that shall be supported by independently verifiable information, and the board shall |
14 | make a record of findings based on the certification proposal, documents submitted therewith, and |
15 | any additional evidence that the life science company meets all criteria that the hub may prescribe. |
16 | (h) Certified life science companies shall be eligible to receive funding from the hub, upon |
17 | a majority vote of the board, for the following benefits which shall be awarded by the board on a |
18 | competitive basis: |
19 | (1) Grants, loans, or other investments; |
20 | (2) Assistance from the hub in obtaining federal, state, and nonprofit monies; or |
21 | (3) Assistance from the hub in facilitating clinical trials. |
22 | (i) Notwithstanding any other provisions of law in relation to their tenure of office, the |
23 | governor may remove any director, including institutional directors, for the neglect of any duty |
24 | required by law, incompetence, unprofessional conduct, or willful misconduct. If an institutional |
25 | director is so removed, such institutional director’s designee shall serve on the board in their place |
26 | for the remainder of their term. |
27 | (j) Each director shall make full disclosure, in accordance with §§ 36-14-1 — 36-14-7, of |
28 | any financial interest, if any, in any matter before the board. Such interest must be disclosed in |
29 | advance to the directors of the board, recorded in the minutes of the board, and the director having |
30 | such an interest shall recuse themselves and shall not participate in any decision of the board |
31 | relating to such interest. |
32 | (k) With the advice and consent of the senate, the board shall have the power to hire a |
33 | president, who shall also serve as the chief executive officer of the hub and who shall be a non- |
34 | voting member of the board of directors, but who shall be entitled to vote as a member of any |
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1 | advisory committee to which the president/chief executive officer is appointed. The board also shall |
2 | have the power to establish compensation and conditions of employment for the president and chief |
3 | executive officer; provided, further, the board shall have the power to hire other employees and |
4 | establish compensation and conditions of employment for such employees. |
5 | (l) The commerce corporation shall provide operating quarters for the hub for, at a |
6 | minimum, the first year of the hub’s operation. |
7 | (m) In addition to the application review committee, the board may establish one or more |
8 | advisory committees, each consisting of not less than three (3) and not more than seven (7) |
9 | directors, which may also include persons who are not directors, which committees shall support |
10 | the board on science, technology, and other matters. Such advisory committees shall keep records |
11 | of their findings and recommendations. |
12 | (n) The hub shall continue as long as it shall have bonds outstanding and until its existence |
13 | is terminated by law. Upon the termination of the existence of the hub, all right, title, and interest |
14 | in and to all of its assets and all of its obligations, duties, covenants, agreements, and obligations |
15 | shall vest in and be possessed, performed, and assumed by the state and no part of the earnings of |
16 | the hub shall inure to the benefit of any private person. |
17 | SECTION 2. Sections 42-64.14-6, 42-64.14-7, 42-64.14-13, 42-64.14-15 and 42-64.14-21 |
18 | of the General Laws in Chapter 42-64.14 entitled "The I-195 Redevelopment Act of 2011" are |
19 | hereby amended to read as follows: |
20 | 42-64.14-6. The I-195 redevelopment district commission. |
21 | (a) The powers of the district to achieve the purposes of this chapter shall be exercised by |
22 | a commission as herein provided: |
23 | The I-195 redevelopment district commission shall consist of seven (7) voting members. |
24 | The governor of the State of Rhode Island shall appoint, with the advice and consent of the senate, |
25 | the seven (7) voting members of the commission. |
26 | The mayor of the city of Providence shall, within thirty (30) days of passage of this act, |
27 | submit to the governor a list of names of at least six (6) individuals that the governor shall give due |
28 | consideration to appointing three (3) individuals from the list. The speaker of the house of |
29 | representatives shall, within thirty (30) days of passage of this act, submit to the governor a list of |
30 | names of three (3) individuals of which the governor shall give due consideration to appointing one |
31 | individual from the list. The governor shall also appoint three (3) individuals without regard to the |
32 | lists submitted by the mayor of the city of Providence or the speaker of the house of representatives |
33 | and the governor shall designate one of the members to serve as chairperson of the commission. |
34 | The governor shall, within forty (40) days of passage of this act, submit to the senate for advice |
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1 | and consent the initial list of individuals for appointment to the commission including any |
2 | individuals appointed by the governor from the lists presented by the mayor of the city of |
3 | Providence and the speaker of the house of representatives within the time limits set forth in this |
4 | subsection. |
5 | Three (3) members shall be appointed for a term of two (2) years; three (3) members shall |
6 | be appointed for a term of three (3) years; and one member, who shall be the chair, shall be |
7 | appointed for a term of four (4) years. Appointments made thereafter shall be for four-year (4) |
8 | terms. Any vacancy occurring in the commission shall be filled by the governor of the State of |
9 | Rhode Island in the same manner prescribed for the original appointments, including those seats |
10 | by recommendation of the mayor of the city of Providence and the speaker of the house of |
11 | representatives being selected from a similar prepared list from those parties. A member appointed |
12 | to fill a vacancy of a director appointed by the governor of the State of Rhode Island shall be |
13 | appointed for the unexpired portion of the term of office of the member whose vacancy is to be |
14 | filled. Members of the commission whose terms expire shall continue to serve until their successors |
15 | are appointed and qualified. |
16 | In addition to these voting members, there shall be two (2) three (3) ex officio, non-voting |
17 | members as follows: the city of Providence planning director, or the planning director's designee, |
18 | and the chief executive officer of the Rhode Island commerce corporation, or the chief executive |
19 | officer's designee and the chair of the Rhode Island life sciences hub. |
20 | (b) The commissioners shall receive no compensation for the performance of their duties |
21 | under this chapter, but each commissioner may be reimbursed for the commissioner's reasonable |
22 | expenses incurred in carrying out those duties, however said reimbursement must be approved at a |
23 | public meeting of the commission. A commissioner may engage in private employment, or in a |
24 | profession or business. |
25 | (c) The chairperson shall designate a vice chairperson from the commission who shall serve |
26 | at the pleasure of the chairperson. Four (4) voting commissioners shall constitute a quorum, and |
27 | any action to be taken by the commission under the provisions of this chapter may be authorized |
28 | by resolution approved by a majority of the commissioners present and entitled to vote at any |
29 | regular or special meeting at which a quorum is present. A vacancy in the membership of the |
30 | commission shall not impair the right of a quorum to exercise all of the rights and perform all of |
31 | the duties of the commission. Notwithstanding anything in this chapter to the contrary, in the event |
32 | that a vacancy is not filled within thirty (30) days of such vacancy, a quorum shall be deemed to |
33 | exist with a majority of the then duly authorized voting commissioners present. |
34 | (d) The commission shall appoint a secretary and such additional officers and staff |
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1 | members as they shall deem appropriate and shall determine the amount of reasonable |
2 | compensation, if any, each shall receive. The chair shall appoint the executive director with the |
3 | approval of the commission provided that the position of the executive director must be advertised |
4 | and the appointment must be approved at a public meeting of the commission. The commission |
5 | may vest in an executive director or the director’s subordinates the authority to recommend |
6 | additional staff members and to determine the amount of compensation each individual shall |
7 | receive, which shall then be approved by the commission at a public meeting. |
8 | (e) No full-time employee shall during the period of the employee's employment by the |
9 | commission engage in any other private employment, profession, or business, except with the |
10 | approval of the commissioners. |
11 | (f) Any action taken by the commission under the provisions of this chapter may be |
12 | authorized by vote at any regular or special meeting, and each vote shall take effect immediately, |
13 | unless otherwise expressly indicated by the commission. |
14 | (g) Employees of the commission shall not, by reason of their employment, be deemed to |
15 | be employees of the state or the city for any purpose, any other provision of the general laws, |
16 | charter, or ordinance to the contrary notwithstanding, except for the provisions of the ethics code |
17 | as set forth in chapter 14 of title 36. Further, no employee of the commission shall be entitled to or |
18 | accrue pension benefits with the city of Providence or state during such employment. |
19 | (h) It shall be the responsibility of the commission to conduct a training course for newly |
20 | appointed and qualified members within six (6) months of their qualification. The training shall |
21 | encompass ethics, including the minimum applicable standards established in the code of ethics as |
22 | set forth in chapter 14 of title 36 (“code of ethics”). |
23 | (i) The commission shall be subject to the provisions of the open meetings act contained in |
24 | chapter 46 of title 42 (“open meetings”); provided, however, weekends and state holidays shall be |
25 | excluded in the count of hours contained in §§ 42-46-6(b) and 42-46-6(c). Every meeting of the |
26 | commission shall be open unless it is closed pursuant to the exemptions as set forth in § 42-46-5, |
27 | with the following exceptions: |
28 | (1) For purposes of determining what constitutes a compliant closed or executive session, |
29 | the provisions as set forth in § 42-46-5(a)(5) shall not apply to the commission. However, an |
30 | additional exemption to those provided for in § 42-46-5, allowing for a closed or executive session, |
31 | shall apply to the commission in accordance with subsection (i)(2) of this section. |
32 | (2) To consider the purchase, exchange, lease, or value of real property if the commission |
33 | declares in open session that an open meeting would have a detrimental effect on the negotiating |
34 | position of the commission with other parties to the negotiation; provided, however, any vote taken |
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1 | in a closed session under this subsection, and any minutes of a closed session taken under this |
2 | subsection, shall be made public once the disclosure would no longer jeopardize the commission’s |
3 | negotiating position. |
4 | (j) In every case where the commission holds a closed or executive session, an audio |
5 | recording of the closed session shall be made. The audio recording shall be kept as minutes in |
6 | accordance with § 42-46-7. |
7 | (k) The commission shall be subject to the provisions set forth in chapter 2 of title 38 |
8 | (“access to public records”). |
9 | 42-64.14-7. Powers and duties of the commission. |
10 | The commission shall have all the rights and powers reasonably necessary to carry out and |
11 | effectuate this chapter, including, but not limited to, the rights and powers: |
12 | (1) To sue and be sued, complain and defend, in its corporate name. |
13 | (2) To have a seal that may be altered at pleasure and to use the seal by causing it, or a |
14 | facsimile of the seal, to be impressed or affixed, or in any other manner reproduced. |
15 | (3) To purchase, take, receive, lease, or otherwise acquire, own, hold, improve, use, and |
16 | otherwise deal in and with, real or personal property, or any interest in real or personal property, |
17 | wherever situated. |
18 | (4) To acquire and to dispose of real property, subject to the provisions of this chapter, |
19 | without the necessity of obtaining the approval of the state properties committee or otherwise |
20 | complying with the provisions of title 37. |
21 | (5) To sell, convey, mortgage, pledge, lease, exchange, transfer, and otherwise dispose of |
22 | all or any part of its property and assets for any consideration and upon any terms and conditions |
23 | as the commission shall determine. |
24 | (6) To make contracts and guarantees and incur liabilities, borrow money at any rates of |
25 | interest as the commission may determine. |
26 | (7) To make and execute agreements of lease, conditional sales contracts, installment sales |
27 | contracts, loan agreements, mortgages, construction contracts, operation contracts, and other |
28 | contracts and instruments necessary or convenient in the exercise of the powers and functions of |
29 | the commission granted by this chapter. |
30 | (8) To invest and reinvest its funds, and at its option to take and hold real and personal |
31 | property as security for the payment of funds so loaned or invested. |
32 | (9) To acquire or contract to acquire, from any person, firm, corporation, municipality, the |
33 | federal government, or the state, or any agency of either the federal government or the state, by |
34 | grant, purchase, lease, gift, condemnation, or otherwise, or to obtain options for the acquisition of |
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1 | any property, real or personal, improved or unimproved, and interests in land less than the fee |
2 | thereof; and to own, hold, clear, improve, develop, and rehabilitate, and to sell, assign, exchange, |
3 | transfer, convey, lease, mortgage, or otherwise dispose or encumber that property for the purposes |
4 | of carrying out the provisions and intent of this chapter, for any consideration as the commission |
5 | shall determine, and with the approval of the commission to retain a master developer for all or any |
6 | portion of a project. Any master developer position shall be subject to advertising and solicitation |
7 | of applicants shall be approved at a duly posted public meeting of the commission. |
8 | (10) To conduct its activities, carry on its operations, and have offices and exercise the |
9 | powers granted by this chapter, within the state. |
10 | (11) To make and alter bylaws, not inconsistent with this chapter, for the administration |
11 | and regulation of the affairs of the district in a manner that is publicly accountable and transparent. |
12 | (12) To be a promoter, partner, member, associate, or manager of any partnership, |
13 | enterprise, or venture within the district and to engage in promotional, marketing, and similar |
14 | activities for the benefit of the district. |
15 | (13) To enter into contracts, agreements, and cooperative agreements with the city and its |
16 | agencies and instrumentalities and the state and its agencies and instrumentalities for the sharing |
17 | of personnel and other resources. |
18 | (14) To have and exercise all powers reasonably necessary to effect its purposes; provided, |
19 | however, that, except as provided in subsection (15) of this section, the commission shall not have |
20 | any power to create, empower or otherwise establish any corporation, subsidiary corporation, |
21 | corporate body, any form of partnership, or any other separate entity without the express approval |
22 | and authorization of the general assembly. |
23 | (15) To create, empower or otherwise enable a nonprofit corporation for the purpose of |
24 | holding title to, operating, and/or supporting district parks; provided, that such nonprofit |
25 | corporation shall include a conflict of interest policy and shall provide that, upon dissolution, its |
26 | assets shall revert to the commission, another nonprofit entity, or the state. |
27 | 42-64.14-13. Planning, permitting, appeals and development. |
28 | (a) The commission shall exercise its powers in a manner consistent with development |
29 | plans approved for the I-195 redevelopment district by the commission. Such plans may be |
30 | prepared without limitation by the commission in order to achieve the purposes of this chapter. |
31 | Development in the district, whether by the commission or otherwise, shall be subject to the plans |
32 | prepared by the commission and the commission plans shall be consistent with the city of |
33 | Providence comprehensive plan adopted by the city pursuant to § 45-22.2-1 et seq. and the city of |
34 | Providence zoning ordinances pursuant to § 45-24-27 et seq. as previously enacted by the city of |
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1 | Providence, and as may be enacted and/or amended from time to time through July 1, 2012, or |
2 | enacted thereafter with the consent of the commission pursuant to the provisions of § 45-24.6-1 et |
3 | seq. (the "Rhode Island special economic development district enabling act"). Approved plans for |
4 | the I-195 redevelopment district may be considered, in whole or part as appropriate, for adoption |
5 | as an element of the state guide plan by the state planning council, but shall not be subject to the |
6 | state guide plan or any other approval provisions related thereto. |
7 | (b) The commission shall serve as the sole permitting authority for all development within |
8 | the district, as defined in § 37-5-8, pursuant to the powers granted to the commission by §§ 42- |
9 | 64.14-7 and 42-64.14-8. The state fire marshal and the state building code commissioner shall issue |
10 | any necessary permits related to fire safety and building code compliance respectively. The |
11 | commission shall seek the cooperation of the state building code commissioner and the state fire |
12 | marshal to expedite all necessary permits and approvals for development within the district. |
13 | (c) The commission shall have authority to approve and/or mandate an accelerated plan |
14 | review process, which may include the implementation of phased and/or fast-track development, |
15 | which is defined as the initiation of development prior to final issuance of all permits and approvals |
16 | and/or the completion of final project design and construction plans. |
17 | (d) The commission shall create for the redevelopment of its properties and parcels sold by |
18 | it design guidelines in consultation with the state historic preservation officer. |
19 | (e) All appeals timely filed pursuant to chapter 35 of this title entitled the Administrative |
20 | Procedures Act with the Rhode Island superior court relative to permits and approvals shall be |
21 | accelerated and given priority and advanced on the calendar of the Rhode Island superior court. |
22 | (f) Under no circumstances shall the commission establish, authorize, zone, plan, or permit |
23 | in the district a so-called “casino” or any form of gambling, including but not limited to those |
24 | activities governed by title 41 of the Rhode Island general laws, so-called “video-gambling” or any |
25 | lotteries whatsoever except for the sale of lottery tickets pursuant to chapter 61 of this title. |
26 | Furthermore, upon conveyance, but in any event before approving any project, development, or |
27 | redevelopment, the commission shall ensure that a deed restriction, running to the benefit of the |
28 | city of Providence and the state, is recorded against the subject property effectuating and |
29 | memorializing such restriction. The aforementioned restriction shall run with the land and be |
30 | binding upon all successors and assigns. Any deed restriction conveyed to the state pursuant to this |
31 | subsection may be waived only by statute, resolution, or other action by the general assembly that |
32 | complies with the constitutional requirements for the expansion of gambling. |
33 | 42-64.14-15. Abutting properties. |
34 | When a development plan is proposed that includes properties from both the I-195 surplus |
| LC006426 - Page 10 of 12 |
1 | land and abutting property, and there is actual or contemplated identical ownership of both the I- |
2 | 195 surplus land and the abutting property, then the abutting property shall be subject to all of the |
3 | powers and authority of the commission pursuant to §§ 42-64.14-7 and 42-64.14-8 and shall not be |
4 | subject to any local review, approval and permitting authority provided that: (a) The Providence |
5 | city council has authorized by enactment of a local ordinance the jurisdiction of the commission |
6 | over abutting properties, and (b) Notwithstanding any provision of this chapter or any other law to |
7 | the contrary, the commission shall exercise its authority in a manner consistent with and subject to |
8 | the city of Providence comprehensive plan adopted by the city pursuant to § 45-22.2-1 et seq. and |
9 | the city of Providence zoning ordinances pursuant to § 45-24-27 et seq. as previously enacted by |
10 | the city of Providence, and as may be enacted and/or amended from time to time through July 1, |
11 | 2012, or enacted thereafter with the consent of the commission provisions of § 45-24.6-1 et seq. |
12 | (the "Rhode Island special economic development district enabling act"). For purposes of this act |
13 | “abutting property” shall mean property that shares property lines but does not include property |
14 | across a public street. |
15 | 42-64.14-21. Sunset. |
16 | (a) The provisions of § 42-64.14-9, I-195 redevelopment district life sciences jobs |
17 | incentives program shall sunset on December 31, 2021. If an eligible life sciences company that |
18 | was established in the district and participated in the life sciences jobs incentive program on or |
19 | before December 31, 2021, maintained the qualifications to be certified with the commission, then |
20 | the tax credits acquired by the company shall remain valid for ten (10) years from the date of |
21 | qualification. |
22 | (b) The provisions of this chapter shall sunset when one hundred percent (100%) of the |
23 | properties have been developed and sold or twenty-one (21) years from the date of enactment on |
24 | December 31, 2039, whichever is earlier. All authority vested in the commission shall dissolve and |
25 | all local and state authority granted to the commission in §§ 42-64.14-7 and 42-64.14-8 shall revert |
26 | to the appropriate state or municipal authority. In the event that the commission retains ownership |
27 | in properties at the time of sunset, the ownership of said parcels shall revert to the commerce |
28 | corporation and any leases of parcels shall transfer and be held by the corporation; provided |
29 | however, that ownership of the district parks may be transferred to a nonprofit entity created |
30 | pursuant to 42-64.14-7(15) designated by the commission. All procedures to dissolve the |
31 | commission shall be in accordance with § 42-64-7.3. |
32 | SECTION 3. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO HEALTH AND SAFETY -- THE RHODE ISLAND LIFE SCIENCE HUB | |
ACT | |
*** | |
1 | This act would amend the composition of the Rhode Island life science hub board of |
2 | directors by adding the chairperson of the I-195 redevelopment district commission to the board |
3 | and would amend the I-195 redevelopment district commission by adding the chair of the Rhode |
4 | Island life science hub to the commission and would provide additional amendments to the powers |
5 | and duties of the commission. |
6 | This act would take effect upon passage. |
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| LC006426 - Page 12 of 12 |