2014 -- S 2580

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LC004528

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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: Senator V. SusanSosnowski

     Date Introduced: March 04, 2014

     Referred To: Senate Finance

     (by request)

It is enacted by the General Assembly as follows:

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

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

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

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

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

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

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shall be paid to the city of Providence.

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

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

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     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 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

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

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     This act would take effect upon passage.

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LC004528

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