2018 -- H 7106

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LC003119

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2018

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A N   A C T

RELATING TO PUBLIC FINANCE -- STATE BUDGET

     

     Introduced By: Representatives Lancia, Chippendale, Nardolillo, Mendonca, and Vella-
Wilkinson

     Date Introduced: January 11, 2018

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

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     SECTION 1. Chapter 35-3 of the General Laws entitled "State Budget" is hereby

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amended by adding thereto the following section:

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     35-3-28. Transfer of funds from energy efficiency programs.

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     A proposed transfer of funds from any public utilities commission approved energy

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efficiency and/or conservation plan to the general fund, or for any other purpose, shall require a

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two-thirds (2/3) affirmative vote by both the house of representatives and senate.

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     SECTION 2. This act shall take effect upon passage.

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LC003119

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO PUBLIC FINANCE -- STATE BUDGET

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     This act would require a two-thirds affirmative vote by both the house of representatives

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and senate in connection with a proposed transfer of funds from a public utilities commission

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approved energy efficiency plan to the general fund.

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     This act would take effect upon passage.

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LC003119

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