2014 -- S 2580 | |
======== | |
LC004528 | |
======== | |
STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2014 | |
____________ | |
A N A C T | |
RELATING TO WATERS AND NAVIGATION - PUBLIC DRINKING SUPPLY SYSTEM | |
PROTECTION | |
| |
Introduced By: Senator V. SusanSosnowski | |
Date Introduced: March 04, 2014 | |
Referred To: Senate Finance | |
(by request) | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 46-15.3-12 of the General Laws in Chapter 46-15.3 entitled "Public |
2 | Drinking Water Supply System Protection" is hereby amended to read as follows: |
3 | 46-15.3-12. Dissolution. – (a) If the board shall be dissolved, all funds of the board not |
4 | required for the payment of bonds shall be paid to the general treasurer for the use of the state, |
5 | and all property belonging to the board shall be vested in the state and delivered to it. If the fund |
6 | for the city of Providence shall be dissolved, all the funds not required for the payment of bonds |
7 | shall be paid to the city of Providence. |
8 | (b) Upon dissolution of the board corporate, all existing funds of the board corporate not |
9 | required for payment of bonds shall be transferred to the "water resources operating fund." |
10 | SECTION 2. This act shall take effect upon passage. |
======== | |
LC004528 | |
======== | |
| |
EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO WATERS AND NAVIGATION - PUBLIC DRINKING SUPPLY SYSTEM | |
PROTECTION | |
*** | |
1 | This act would require upon dissolution of the board corporate that all existing funds not |
2 | required for payment of bonds be transferred to the "water resources operating fund." |
3 | This act would take effect upon passage. |
======== | |
LC004528 | |
======== | |
| LC004528 - Page 2 of 1 |