2022 -- H 7448 | |
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LC004734 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2022 | |
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A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS -- RHODE ISLAND PUBLIC | |
TRANSIT AUTHORITY | |
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Introduced By: Representatives Felix, Alzate, J Lombardi, Diaz, Donovan, Cassar, | |
Date Introduced: February 11, 2022 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 39-18-9 of the General Laws in Chapter 39-18 entitled "Rhode Island |
2 | Public Transit Authority" is hereby amended to read as follows: |
3 | 39-18-9. Revenues. |
4 | (a) The authority is hereby authorized and empowered to fix and revise, from time to time, |
5 | such schedules of service and rates of fare and charges for service furnished or operated as it |
6 | determines to be reasonable. The schedules of service, rates of fare, and charges for service shall |
7 | not be subject to supervision or regulation by any commission, board, bureau, or agency of the state |
8 | or of any municipality or other political subdivision of the state; except as provided in § 39-18-4. |
9 | Provided, however, any changes in frequency of services of more than fifteen percent (15%), |
10 | providers of service, rates of service, other than systemwide changes, and charges for service shall |
11 | be presented for comment in at least one public hearing scheduled in an accessible location in each |
12 | county affected, and the hearing shall be scheduled in two (2) sessions, one during daytime business |
13 | hours and one during evening hours. The revenues derived from the authority's operations and any |
14 | other Any funds or property received or to be received by the authority (including, without |
15 | limitation, any funds or other property received or to be received by the authority pursuant to § 39- |
16 | 18-4(a)(10)), in whole or in part, at any time and from time to time, may be pledged to, and charged |
17 | with, the payment of the principal of and the interest on some or all of the authority's bonds as |
18 | provided for in the resolution authorizing the issuance of the bonds or in the trust agreement |
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1 | securing the bonds. The pledge shall be valid and binding from the time when the pledge is made; |
2 | the revenues, funds, or other property so pledged, and thereafter received by the authority, shall |
3 | immediately be subject to the lien of the pledge without any physical delivery thereof or further |
4 | act, and the lien of any pledge shall be valid and binding as against all parties having claims of any |
5 | kind, in tort, contract, or otherwise, against the authority, irrespective of whether the parties have |
6 | notice thereof. Neither the resolution nor any trust agreement by which a pledge is created need be |
7 | filed or recorded except in the records of the authority. |
8 | (b) It is hereby declared that the authority shall not impose any fares and/or charges for |
9 | service provided to the general public. |
10 | SECTION 2. This act shall take effect on January 1, 2023. |
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LC004734 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS -- RHODE ISLAND PUBLIC | |
TRANSIT AUTHORITY | |
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1 | This act would prohibit the Rhode Island Public Transit Authority (RIPTA) from imposing |
2 | any fares and/or charges for service provided to the general public. |
3 | This act would take effect January 1, 2023. |
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