2014 -- H 7998

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LC005239

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2014

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A N   A C T

RELATING TO WATERS AND NAVIGATION - PUBLIC DRINKING SUPPLY SYSTEM

PROTECTION

     Introduced By: Representatives E Coderre, Naughton, Ucci, and Walsh

     Date Introduced: March 27, 2014

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

     SECTION 1. Section 46-15.3-12 of the General Laws in Chapter 46-15.3 entitled "Public

Drinking Water Supply System Protection" is hereby amended to read as follows:

     46-15.3-12. Dissolution. – (a) If the board shall be dissolved, all funds of the board not

required for the payment of bonds shall be paid to the general treasurer for the use of the state,

and all property belonging to the board shall be vested in the state and delivered to it. If the fund

for the city of Providence shall be dissolved, all the funds not required for the payment of bonds

shall be paid to the city of Providence.

     (b) Upon dissolution of the board corporate, all existing funds of the board corporate not

required for payment of bonds shall be transferred to the "water resources operating fund."

     SECTION 2. This act shall take effect upon passage.

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LC005239

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO WATERS AND NAVIGATION - PUBLIC DRINKING SUPPLY SYSTEM

PROTECTION

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     This act would require upon dissolution of the board corporate that all existing funds not

required for payment of bonds be transferred to the "water resources operating fund."

     This act would take effect upon passage.

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LC005239

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