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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2026

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A N   A C T

RELATING TO HEALTH AND SAFETY -- THE RHODE ISLAND LIFE SCIENCE HUB

ACT

     Introduced By: Representatives Baginski, and Slater

     Date Introduced: May 06, 2026

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

     SECTION 1. Section 23-99-4 of the General Laws in Chapter 23-99 entitled "The Rhode

Island Life Science Hub Act" is hereby amended to read as follows:

     23-99-4. Rhode Island life science hub established.

     (a) There is hereby constituted as an independent public a public corporation for the

purposes set forth in this chapter with a separate legal existence from the state to be known as the

Rhode Island life science hub hereinafter to be referred to as the “hub”. The exercise by the hub of

the powers conferred by this chapter shall be considered to be the performance of an essential

governmental function and the hub shall be considered a “constituted authority” and an

“instrumentality” of the state acting on behalf of the state for federal tax purposes.

     (b) The hub shall be governed and its corporate powers exercised by a board of directors

consisting of sixteen (16) seventeen (17) directors: fifteen (15) of whom shall be appointed by the

governor, and one of whom shall be the person the board hires from time to time as president and

chief executive officer of the hub, and one of whom shall be the chairperson of the I-195

redevelopment district commission. The president and chief executive officer of the hub shall serve

ex officio and, except as otherwise provided in subsection (k) of this section, shall not be a voting

member of the board of directors. The chairperson of the I-195 redevelopment district commission

shall serve ex officio and shall not be a voting member of the board of directors. The fifteen (15)

directors appointed by the governor shall consist of seven (7) public directors and eight (8)

institutional directors. The seven (7) public directors shall have the following qualifications: one

shall be a senior executive with extensive background in the banking, grant making, or fundraising

fields, or their designee; one shall be a member of a life science trade association, or their designee;

one shall be the president or a senior executive of a Rhode Island based life science company, or

their designee; two (2) shall be senior executives of Rhode Island based life science companies

specializing in biomanufacturing, or their designees; one shall be a representative of organized

labor, or their designee; and one shall be a member of the public who shall be a certified public

accountant and a member of the Rhode Island society of certified public accountants, or their

designee. The eight (8) institutional directors shall have the following qualifications: one shall be

the secretary of commerce, ex officio; three (3) shall be the president of Rhode Island college, ex

officio, or their designee, the president of the university of Rhode Island, ex officio, or their

designee, and the president of Brown university, ex officio, or their designee; one shall be the dean

of the Warren Alpert Medical School of Brown university, ex officio, or their designee; one shall

be the president and chief executive officer of Brown university health, ex officio, or their designee;

one shall be the president and chief executive officer of Care New England Health System, ex

officio, or their designee; and one shall be the director of economic development for the city of

Providence, ex officio, or their designee. To the extent that an institution takes on a new legal name,

the institutional director shall continue to serve as an institutional director without the need for

reappointment. To the extent that an institution merges, converts, consolidates with, or sells or

transfers all or substantially all of its assets to another company and such company retains its

primary operations in the state, the chief executive officer of such company shall be qualified for

appointment as an institutional director in accordance with this section.

     (c) The chair of the board shall be appointed by the governor, with the advice and consent

of the senate, and shall be an individual who served in the capacity as a senior executive with

extensive background in the banking, grant making, or fundraising fields. The vice-chair of the

board shall be the secretary of commerce. All directors, including ex officio directors, shall be

voting members of the board of directors, except for the director serving as president and chief

executive officer of the hub, who shall not be a voting member of the board. Eight (8) voting

directors shall constitute a quorum, and any action to be taken by the board under the provisions of

this chapter may be authorized by resolution approved by a majority of the directors present and

entitled to vote at any regular or special meeting at which a quorum is present. No votes on the

certification of any life science company nor on the allocation or award of any investment fund

resources to any certified life science company shall be taken unless the chair is present and voting.

A vacancy in the membership of the board of directors shall not impair the right of a quorum to

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exercise all of the rights and perform all of the duties of the board. Pursuant to § 42-46-5(b)(6),

board directors are authorized to participate remotely using videoconferencing technology in open

public meetings of the board; provided, however, that:

     (1) The remote director(s) and all persons present at the meeting location are clearly audible

and visible to each other;

     (2) A quorum of the body is participating, either in person or by the use of remote

videoconferencing technology;

     (3) A voting director who participates in a meeting of the board remotely shall be

considered present for purposes of a quorum and voting;

     (4) If videoconferencing is used to conduct a meeting, the public notice for the meeting

shall inform the public that videoconferencing will be used and include instructions on how the

public can access the virtual meeting; and

     (5) The board shall adopt rules defining the requirements of remote participation including

its use for executive session, and the conditions by which a director is authorized to participate

remotely.

     (d) Each public director shall serve an initial term of four (4) years. At the expiration of the

initial terms of public directors in January 2028, the governor shall appoint two (2) directors for a

term of four (4) years, two (2) directors for a term of three (3) years, two (2) directors for a term of

two (2) years, and one director for a term of one year. Thereafter, the governor shall appoint a new

public director or directors to succeed the public director or directors whose terms then next expire,

to serve a term of four (4) years. The president and chief executive officer shall have a board term

coextensive with such person’s employment contract with the hub. In the event that the chair of the

board position becomes vacant for any reason, or the chair is not able to perform the duties of that

position for any reason, the vice chair shall serve as the interim chair until the chair is able to resume

the chair’s duties; provided, however, in the event that the chair is not able to resume the chair’s

duties in that position, the governor shall appoint a new chair and, in making this appointment, the

governor shall give due consideration to appointing an individual from a list of six (6) candidates,

three (3) of whom shall be provided to the governor by the speaker of the house and three (3) of

whom shall be provided to the governor by the president of the senate. Any person appointed to fill

a vacancy in the office of a public director of the board shall be appointed in a like manner and

shall serve for the unexpired term of such public director. Any director shall be eligible for

reappointment.

     (e) The public director who is a certified public accountant and a member of the Rhode

Island society of certified public accountants shall serve as treasurer and shall be charged with

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keeping the funds, books of account, and accounting records of the hub. No grants, loans or other

financings, or incentives shall be issued by the hub to any certified life science company without

the approval of the board. The board shall annually elect a secretary who shall keep a record of the

proceedings of the board and shall be custodian of all books, documents, and papers.

     (f) Board directors, other than the director who serves as the president and chief executive

officer of the hub, shall serve without compensation, but each director shall be entitled to

reimbursement for actual, reasonable, and necessary expenses while engaged in the performance

of official duties. Board directors, officers, and employees shall not be liable to the state, the hub,

or to any other person as a result of their activities except for malfeasance in office or intentional

violations of law.

     (g) The board shall establish an application review committee consisting of not less than

three (3) directors of the board, which shall review certification proposals submitted by life sciences

companies that shall be supported by independently verifiable information, and the board shall

make a record of findings based on the certification proposal, documents submitted therewith, and

any additional evidence that the life science company meets all criteria that the hub may prescribe.

     (h) Certified life science companies shall be eligible to receive funding from the hub, upon

a majority vote of the board, for the following benefits which shall be awarded by the board on a

competitive basis:

     (1) Grants, loans, or other investments;

     (2) Assistance from the hub in obtaining federal, state, and nonprofit monies; or

     (3) Assistance from the hub in facilitating clinical trials.

     (i) Notwithstanding any other provisions of law in relation to their tenure of office, the

governor may remove any director, including institutional directors, for the neglect of any duty

required by law, incompetence, unprofessional conduct, or willful misconduct. If an institutional

director is so removed, such institutional director’s designee shall serve on the board in their place

for the remainder of their term.

     (j) Each director shall make full disclosure, in accordance with §§ 36-14-1 — 36-14-7, of

any financial interest, if any, in any matter before the board. Such interest must be disclosed in

advance to the directors of the board, recorded in the minutes of the board, and the director having

such an interest shall recuse themselves and shall not participate in any decision of the board

relating to such interest.

     (k) With the advice and consent of the senate, the board shall have the power to hire a

president, who shall also serve as the chief executive officer of the hub and who shall be a non-

voting member of the board of directors, but who shall be entitled to vote as a member of any

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advisory committee to which the president/chief executive officer is appointed. The board also shall

have the power to establish compensation and conditions of employment for the president and chief

executive officer; provided, further, the board shall have the power to hire other employees and

establish compensation and conditions of employment for such employees.

     (l) The commerce corporation shall provide operating quarters for the hub for, at a

minimum, the first year of the hub’s operation.

     (m) In addition to the application review committee, the board may establish one or more

advisory committees, each consisting of not less than three (3) and not more than seven (7)

directors, which may also include persons who are not directors, which committees shall support

the board on science, technology, and other matters. Such advisory committees shall keep records

of their findings and recommendations.

     (n) The hub shall continue as long as it shall have bonds outstanding and until its existence

is terminated by law. Upon the termination of the existence of the hub, all right, title, and interest

in and to all of its assets and all of its obligations, duties, covenants, agreements, and obligations

shall vest in and be possessed, performed, and assumed by the state and no part of the earnings of

the hub shall inure to the benefit of any private person.

     SECTION 2. Section 42-64.14-6 of the General Laws in Chapter 42-64.14 entitled "The I-

195 Redevelopment Act of 2011" is hereby amended to read as follows:

     42-64.14-6. The I-195 redevelopment district commission.

     (a) The powers of the district to achieve the purposes of this chapter shall be exercised by

a commission as herein provided:

     The I-195 redevelopment district commission shall consist of seven (7) voting members.

The governor of the State of Rhode Island shall appoint, with the advice and consent of the senate,

the seven (7) voting members of the commission.

     The mayor of the city of Providence shall, within thirty (30) days of passage of this act,

submit to the governor a list of names of at least six (6) individuals that the governor shall give due

consideration to appointing three (3) individuals from the list. The speaker of the house of

representatives shall, within thirty (30) days of passage of this act, submit to the governor a list of

names of three (3) individuals of which the governor shall give due consideration to appointing one

individual from the list. The governor shall also appoint three (3) individuals without regard to the

lists submitted by the mayor of the city of Providence or the speaker of the house of representatives

and the governor shall designate one of the members to serve as chairperson of the commission.

The governor shall, within forty (40) days of passage of this act, submit to the senate for advice

and consent the initial list of individuals for appointment to the commission including any

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individuals appointed by the governor from the lists presented by the mayor of the city of

Providence and the speaker of the house of representatives within the time limits set forth in this

subsection.

     Three (3) members shall be appointed for a term of two (2) years; three (3) members shall

be appointed for a term of three (3) years; and one member, who shall be the chair, shall be

appointed for a term of four (4) years. Appointments made thereafter shall be for four-year (4)

terms. Any vacancy occurring in the commission shall be filled by the governor of the State of

Rhode Island in the same manner prescribed for the original appointments, including those seats

by recommendation of the mayor of the city of Providence and the speaker of the house of

representatives being selected from a similar prepared list from those parties. A member appointed

to fill a vacancy of a director appointed by the governor of the State of Rhode Island shall be

appointed for the unexpired portion of the term of office of the member whose vacancy is to be

filled. Members of the commission whose terms expire shall continue to serve until their successors

are appointed and qualified.

     In addition to these voting members, there shall be two (2) three (3) ex officio, non-voting

members as follows: the city of Providence planning director, or the planning director's designee,

and the chief executive officer of the Rhode Island commerce corporation, or the chief executive

officer's designee and the chair of the Rhode Island life sciences hub.

     (b) The commissioners shall receive no compensation for the performance of their duties

under this chapter, but each commissioner may be reimbursed for the commissioner's reasonable

expenses incurred in carrying out those duties, however said reimbursement must be approved at a

public meeting of the commission. A commissioner may engage in private employment, or in a

profession or business.

     (c) The chairperson shall designate a vice chairperson from the commission who shall serve

at the pleasure of the chairperson. Four (4) voting commissioners shall constitute a quorum, and

any action to be taken by the commission under the provisions of this chapter may be authorized

by resolution approved by a majority of the commissioners present and entitled to vote at any

regular or special meeting at which a quorum is present. A vacancy in the membership of the

commission shall not impair the right of a quorum to exercise all of the rights and perform all of

the duties of the commission. Notwithstanding anything in this chapter to the contrary, in the event

that a vacancy is not filled within thirty (30) days of such vacancy, a quorum shall be deemed to

exist with a majority of the then duly authorized voting commissioners present.

     (d) The commission shall appoint a secretary and such additional officers and staff

members as they shall deem appropriate and shall determine the amount of reasonable

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compensation, if any, each shall receive. The chair shall appoint the executive director with the

approval of the commission provided that the position of the executive director must be advertised

and the appointment must be approved at a public meeting of the commission. The commission

may vest in an executive director or the director’s subordinates the authority to recommend

additional staff members and to determine the amount of compensation each individual shall

receive, which shall then be approved by the commission at a public meeting.

     (e) No full-time employee shall during the period of the employee's employment by the

commission engage in any other private employment, profession, or business, except with the

approval of the commissioners.

     (f) Any action taken by the commission under the provisions of this chapter may be

authorized by vote at any regular or special meeting, and each vote shall take effect immediately,

unless otherwise expressly indicated by the commission.

     (g) Employees of the commission shall not, by reason of their employment, be deemed to

be employees of the state or the city for any purpose, any other provision of the general laws,

charter, or ordinance to the contrary notwithstanding, except for the provisions of the ethics code

as set forth in chapter 14 of title 36. Further, no employee of the commission shall be entitled to or

accrue pension benefits with the city of Providence or state during such employment.

     (h) It shall be the responsibility of the commission to conduct a training course for newly

appointed and qualified members within six (6) months of their qualification. The training shall

encompass ethics, including the minimum applicable standards established in the code of ethics as

set forth in chapter 14 of title 36 (“code of ethics”).

     (i) The commission shall be subject to the provisions of the open meetings act contained in

chapter 46 of title 42 (“open meetings”); provided, however, weekends and state holidays shall be

excluded in the count of hours contained in §§ 42-46-6(b) and 42-46-6(c). Every meeting of the

commission shall be open unless it is closed pursuant to the exemptions as set forth in § 42-46-5,

with the following exceptions:

     (1) For purposes of determining what constitutes a compliant closed or executive session,

the provisions as set forth in § 42-46-5(a)(5) shall not apply to the commission. However, an

additional exemption to those provided for in § 42-46-5, allowing for a closed or executive session,

shall apply to the commission in accordance with subsection (i)(2) of this section.

     (2) To consider the purchase, exchange, lease, or value of real property if the commission

declares in open session that an open meeting would have a detrimental effect on the negotiating

position of the commission with other parties to the negotiation; provided, however, any vote taken

in a closed session under this subsection, and any minutes of a closed session taken under this

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subsection, shall be made public once the disclosure would no longer jeopardize the commission’s

negotiating position.

     (j) In every case where the commission holds a closed or executive session, an audio

recording of the closed session shall be made. The audio recording shall be kept as minutes in

accordance with § 42-46-7.

     (k) The commission shall be subject to the provisions set forth in chapter 2 of title 38

(“access to public records”).

     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

***

     This act would amend the composition of the Rhode Island life science hub board of

directors by adding the chairperson of the I-195 redevelopment district commission to the board

and would amend the I-195 redevelopment district commission by adding the chair of the Rhode

Island life science hub to the commission.

     This act would take effect upon passage.

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