---
type: "Bill"
title: "AN ACT RELATING TO TOWNS AND CITIES -- RETIREMENT SECURITY ACT FOR LOCALLY ADMINISTERED PENSION FUNDS"
description: "Requires municipalities managing their own pension system to submit a statutorily required actuarial experience study to the advisory council to locally administered pension plans, rather than to a since-dissolved study commission."
jurisdiction: "us/states/ri"
legislature: "Rhode Island General Assembly"
session: "2024"
identifier: "HB 7460"
citation: "Rhode Island HB 7460 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Cardillo", "Marszalkowski"]
version_count: 1
action_count: 14
vote_count: 1
first_action: "2024-02-02"
last_action: "2024-06-24"
source: "openstates"
source_identifier: "ocd-bill/34e814e4-5ba3-4d8a-ac6f-626a567bfb5c"
source_url: "https://status.rilegislature.gov/"
source_hash: "c5ab74283a7757e2b4762ccb99ce0c9447dd5a6569e396de93a97973830a96fe"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ri"]
---

# Rhode Island HB 7460 (2024) — AN ACT RELATING TO TOWNS AND CITIES -- RETIREMENT SECURITY ACT FOR LOCALLY ADMINISTERED PENSION FUNDS

Requires municipalities managing their own pension system to submit a statutorily required actuarial experience study to the advisory council to locally administered pension plans, rather than to a since-dissolved study commission.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **7460** (committee substitute) — [source](http://webserver.rilegislature.gov/BillText/BillText24/HouseText24/H7460.pdf)

## Votes

- PASSAGE — **67–0** (pass) · lower

## Sponsors

- Cardillo — primary (person)
- Marszalkowski — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-02-02** 02/02/2024 Introduced, referred to House Municipal Government & Housing `introduction, referral-committee`
- **2024-03-22** 03/22/2024 Scheduled for hearing and/or consideration (03/28/2024)
- **2024-03-28** 03/28/2024 Committee recommended measure be held for further study `committee-failure`
- **2024-05-24** 05/24/2024 Scheduled for consideration (05/30/2024)
- **2024-05-30** 05/30/2024 Committee recommends passage `committee-passage-favorable`
- **2024-05-31** 05/31/2024 Placed on House Calendar (06/05/2024) `reading-3`
- **2024-06-05** 06/05/2024 House read and passed `passage`
- **2024-06-07** 06/07/2024 Referred to Senate Finance `referral-committee`
- **2024-06-10** 06/10/2024 Scheduled for consideration (06/12/2024)
- **2024-06-12** 06/12/2024 Committee recommends passage in concurrence `committee-passage-favorable`
- **2024-06-13** 06/13/2024 Placed on the Senate Consent Calendar (06/13/2024) `reading-3`
- **2024-06-14** 06/14/2024 Senate passed in concurrence `passage`
- **2024-06-21** 06/21/2024 Transmitted to Governor `executive-receipt`
- **2024-06-24** 06/24/2024 Signed by Governor `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/34e814e4-5ba3-4d8a-ac6f-626a567bfb5c`. Confidence: reported (aggregated from official Rhode Island legislature records).