2026 -- S 3292 | |
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LC006425 | |
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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 TOWNS AND CITIES -- SUBDIVISION OF LAND | |
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Introduced By: Senators Raptakis, Rogers, and Burke | |
Date Introduced: May 15, 2026 | |
Referred To: Senate Housing & Municipal Government | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 45-23-46 of the General Laws in Chapter 45-23 entitled "Subdivision |
2 | of Land" is hereby amended to read as follows: |
3 | 45-23-46. General provisions — Construction and/or improvement guarantees. |
4 | (a) The local regulations shall require approval of the permitting authority of agreements |
5 | for the completion of all required public improvements prior to final plan approval in the form of: |
6 | (1) Completion of actual construction of all improvements; (2) Improvement guarantees; or (3) |
7 | Combination thereof. |
8 | (b) Where improvements are constructed without a financial guarantee, the work is to be |
9 | completed prior to final approval. All construction shall be inspected by the appropriate town staff |
10 | or agents in a timely manner and approved under the direction of the administrative officer and |
11 | according to local regulations. |
12 | (c) Improvement guarantees shall be in an amount and with all necessary conditions to |
13 | secure for the municipality the actual construction and complete installation of all the required |
14 | improvements, within the period specified by the permitting authority. The amount shall be based |
15 | on actual cost estimates for all required public improvements and these estimates shall be reviewed |
16 | and approved by the permitting authority. The permitting authority may fix the guarantee in a |
17 | reasonable amount in excess of the estimated costs to anticipate for economic or construction |
18 | conditions. Local regulations may include provisions for the review and/or upgrade of guarantees. |
19 | (d) The security shall be in the forms of financial instruments set forth in local regulations |
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1 | and shall enable the municipality to gain timely access to the secured funds, for cause. The local |
2 | regulations shall provide at least three (3) acceptable forms of financial security and the approving |
3 | authority shall not limit the security to one specific form of the acceptable forms set forth in the |
4 | local regulations. |
5 | (e) The local regulations shall establish procedures for the setting of improvement |
6 | guarantee amounts; for inspections of improvements; for acceptance of improvements by the |
7 | municipality; and for the release of the improvement guarantees to the applicant. Procedures may |
8 | include provisions for partial releases of the guarantees as stages of the improvements are |
9 | completed, inspected, and approved under the coordination of the administrative officer and |
10 | reported to the permitting authority. |
11 | (f) In the cases of developments and subdivisions that are being approved and constructed |
12 | in phases, the permitting authority shall specify improvement guarantee requirements related to |
13 | each particular phase. |
14 | (g) The permitting authority may also require maintenance guarantees to be provided for a |
15 | one-year period of up to two (2) years subsequent to completion, inspection, and acceptance of the |
16 | improvement(s) unless there are extenuating circumstances. Such maintenance guarantee shall not |
17 | exceed ten percent (10%) of the original guarantee amount, or the original cost of the public |
18 | improvements if no guarantee was required. |
19 | (h) Procedures for the acceptance of required improvements shall stipulate that all |
20 | improvements, once inspected and approved, shall be accepted by the municipality or other |
21 | appropriate municipal agency for maintenance and/or part of the municipal system. |
22 | (i) The municipality is granted the power to enforce the guarantees by all appropriate legal |
23 | and equitable remedies. |
24 | SECTION 2. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TOWNS AND CITIES -- SUBDIVISION OF LAND | |
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1 | This act would authorize permitting authorities to require maintenance guarantees for a |
2 | period of up to two (2) years following completion, inspection, and acceptance of public |
3 | improvement projects. |
4 | This act would take effect upon passage. |
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