2022 -- H 7624 | |
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LC005274 | |
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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 STATE AFFAIRS AND GOVERNMENT -- CENTRAL FALLS BUSINESS | |
COOPERATIVE INCUBATOR | |
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Introduced By: Representatives Giraldo, McLaughlin, and Alzate | |
Date Introduced: March 02, 2022 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Title 42 of the General Laws entitled "STATE AFFAIRS AND |
2 | GOVERNMENT" is hereby amended by adding thereto the following chapter: |
3 | CHAPTER 64.34 |
4 | CENTRAL FALLS BUSINESS COOPERATIVE INCUBATOR |
5 | 42-64.34-1. Central Falls Business Cooperative Incubator. |
6 | That there is hereby appropriated, out of money in the treasury not otherwise appropriated |
7 | for the fiscal year 2023-2024 and every year thereafter, the sum of one hundred thousand dollars |
8 | ($100,000) to Fuerza Laboral for the development and management thereafter of a business |
9 | cooperative incubator located in Central Falls, for the purposes of increasing economic |
10 | development, assisting with job creation and fostering a path to business ownership. |
11 | SECTION 2. This act shall take effect upon passage. |
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LC005274 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO STATE AFFAIRS AND GOVERNMENT -- CENTRAL FALLS BUSINESS | |
COOPERATIVE INCUBATOR | |
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1 | This act would appropriate one hundred thousand dollars ($100,000) annually to Fuerza |
2 | Laboral for the purposes of the development and management of a business cooperative located in |
3 | Central Falls to increase economic development, assist with job creation and a path to business |
4 | ownership. |
5 | This act would take effect upon passage. |
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