2015 -- S 0117 | |
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LC000686 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2015 | |
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A N A C T | |
RELATING TO STATE AFFAIRS AND GOVERNMENT - DEPARTMENT OF | |
TRANSPORTATION | |
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Introduced By: Senators Ciccone, Lombardi, Felag, Walaska, and Conley | |
Date Introduced: January 22, 2015 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Chapter 42-13 of the General Laws entitled "Department of Transportation" |
2 | is hereby amended by adding thereto the following section: |
3 | 42-13-8. Road construction business economic hardship relief fund. -- (a) There is |
4 | hereby created a "road construction business economic hardship relief fund," to be administered |
5 | and managed by the commerce corporation. The state department of transportation shall set aside |
6 | ten percent (10%) of each public works road construction project contract and deposit these funds |
7 | in the relief fund. The fund shall compensate business owners who have motor vehicle access to |
8 | their businesses denied during and as a result of, road construction and shall be payable to them if |
9 | their business losses are solely attributable to the denial of access and have been substantiated by |
10 | a certified public accountant. |
11 | (b) The commerce corporation shall promulgate rules necessary to aid economically |
12 | disadvantaged businesses in the disbursement of the fund concerning eligibility requirements and |
13 | the amount of available funds. |
14 | SECTION 2. This act shall take effect upon passage. |
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LC000686 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO STATE AFFAIRS AND GOVERNMENT - DEPARTMENT OF | |
TRANSPORTATION | |
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1 | This act would create a road construction business economic hardship relief fund, funded |
2 | by ten percent (10%) of all state awarded road construction contracts, to be disbursed to |
3 | businesses that have suffered economic harm as a result of the road construction denial of vehicle |
4 | access to them. |
5 | This act would take effect upon passage. |
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LC000686 | |
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