Chapter 360

2005 -- S 1043 SUBSTITUTE A

Enacted 07/19/05

A N A C T

RELATING TO MILITARY AFFAIRS AND DEFENSE -- NATIONAL SECURITY INFRASTRUCTURE SUPPORT FUND

Introduced By: Senators Felag, Algiere, and Gibbs

Date Introduced: April 28, 2005

It is enacted by the General Assembly as follows:

     SECTION 1. Title 30 of the General Laws entitled "Military Affairs and Defense" is

hereby amended by adding thereto the following chapter:

CHAPTER 32

NATIONAL SECURITY INFRASTRUCTURE SUPPORT FUND

30-32-1. Short title. – This chapter shall be known and may be cited as the "National

Security Infrastructure Support Fund."

30-32-2. Establishment of fund. – There is hereby created the national security

infrastructure support fund. The generally assembly may from time to time appropriate monies to

the national security infrastructure support fund.

30-32-3. Definition. – As used in this chapter, national security infrastructure" means the

land, buildings, equipment or other forms of infrastructure that are principally and predominantly

used to support and advance the national security of the United States.

30-32-4. Administration of funds. – The national security infrastructure support fund

shall be administered by the economic development corporation. The funds shall be separately

identified with corresponding revenues and expenses within the financial statements of the

economic development corporation. No charges or fees for the operating expenses of the fund,

such as legal fees or appraisals related to a specific transaction, shall be allocated from the fund to

the economic development corporation.

30-32-5. Allocation of funds. – The specific allocation of the funds shall be determined

by the economic development corporation within the following program guidelines:

(a) to provide grants and loans to improve water, sewer, electric, gas, roads, rail systems,

runways, navigational or security systems relating to the support of national security

infrastructures located within the state;

(b) to secure real estate and tangible property that can be used for expansion or to protect

against encroachment around national security installations within the state;

(c) to provide grants to increase the mission-related capabilities of the national security

infrastructures located within the state.

30-32-6. Priority of funding. – Priority of funding shall be given to allocations that

match or supplement funds from other sources.

30-32-7. Reports. – The economic development corporation shall provide the general

assembly with a biennial report documenting the allocation and uses of money from this fund.

     SECTION 2. Chapter 42-64 of the General Laws entitled "Rhode Island Economic

Development Corporation" is hereby amended by adding thereto the following section:

42-64-7.13. National security infrastructure support fund. – The economic

development corporation is hereby authorized and empowered to administer the national security

infrastructure support fund in accordance with the powers and terms enumerated in Chapter 30-

32.

SECTION 3. This act shall take effect on January 1, 2006.     

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LC02934/SUB A

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