Fabio
67 lines
4.3 KiB
Markdown
67 lines
4.3 KiB
Markdown
---
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type: "Bill"
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title: "AN ACT AUTHORIZING THE TOWN OF CUMBERLAND TO ISSUE NOT TO EXCEED $83,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN, SUBJECT TO APPROVAL OF STATE HOUSING AID AT A REIMBURSEMENT RATE OR STATE SHARE RATIO OF NOT LESS THAN 50% FOR EXPENDITURES ELIGIBLE FOR STATE AID AND PROVIDED THAT THE AUTHORIZATION SHALL BE REDUCED BY ANY GRANT RECEIVED FROM THE SCHOOL BUILDING AUTHORITY CAPITAL FUND (Authorizes the Town of Cumberland to issue bonds and notes in an amount not exceeding $83,000,000.)"
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description: "AN ACT AUTHORIZING THE TOWN OF CUMBERLAND TO ISSUE NOT TO EXCEED $83,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN, SUBJECT TO APPROVAL OF STATE HOUSING AID AT A REIMBURSEMENT RATE OR STATE SHARE RATIO OF NOT LESS THAN 50% FOR EXPENDITURES ELIGIBLE FOR STATE AID AND PROVIDED THAT THE AUTHORIZATION SHALL BE REDUCED BY ANY GRANT RECEIVED FROM THE SCHOOL BUILDING AUTHORITY CAPITAL FUND (Authorizes the Town of Cumberland to issue bonds and notes in an amount not exceeding $83,000,000.)"
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jurisdiction: "us/states/ri"
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legislature: "Rhode Island General Assembly"
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session: "2018"
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identifier: "SB 2972"
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citation: "Rhode Island SB 2972 (2018)"
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classification: ["bill"]
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subjects: ["Bonds", "Cumberland"]
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status: "enacted"
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primary_sponsors: ["Pearson", "Picard"]
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version_count: 1
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action_count: 10
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vote_count: 2
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first_action: "2018-06-14"
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last_action: "2018-07-05"
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source: "openstates"
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source_identifier: "ocd-bill/362750ef-5bae-4565-abba-d313cef76e57"
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source_url: "http://status.rilin.state.ri.us/"
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source_hash: "2096faf7877b346016435281d584218de76f3a8773aca2532ec7543d1f1947ad"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ri"]
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---
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# Rhode Island SB 2972 (2018) — AN ACT AUTHORIZING THE TOWN OF CUMBERLAND TO ISSUE NOT TO EXCEED $83,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN, SUBJECT TO APPROVAL OF STATE HOUSING AID AT A REIMBURSEMENT RATE OR STATE SHARE RATIO OF NOT LESS THAN 50% FOR EXPENDITURES ELIGIBLE FOR STATE AID AND PROVIDED THAT THE AUTHORIZATION SHALL BE REDUCED BY ANY GRANT RECEIVED FROM THE SCHOOL BUILDING AUTHORITY CAPITAL FUND (Authorizes the Town of Cumberland to issue bonds and notes in an amount not exceeding $83,000,000.)
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **2972** (committee substitute) — [source](http://webserver.rilin.state.ri.us/BillText/BillText18/SenateText18/S2972.pdf)
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## Votes
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- Passage — **36–0** (pass) · upper
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- IN CONCURRENCE — **68–0** (pass) · upper
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## Sponsors
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- Pearson — primary (person)
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- Picard — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2018-06-14** 06/14/2018 Introduced, referred to Senate Housing and Municipal Government `introduction, referral-committee`
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- **2018-06-15** 06/15/2018 Scheduled for hearing and/or consideration (06/19/2018)
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- **2018-06-19** 06/19/2018 Committee recommends passage `committee-passage-favorable`
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- **2018-06-19** 06/19/2018 Placed on Senate Calendar (06/19/2018)
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- **2018-06-19** 06/19/2018 Senate read and passed `passage`
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- **2018-06-20** 06/20/2018 Referred to House Finance `referral-committee`
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- **2018-06-22** 06/22/2018 Placed on the House Consent Calendar (06/22/2018)
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- **2018-06-22** 06/22/2018 House passed in concurrence `passage`
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- **2018-06-27** 06/27/2018 Transmitted to Governor `executive-receipt`
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- **2018-07-05** 07/05/2018 Effective without Governor's signature `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/362750ef-5bae-4565-abba-d313cef76e57`. Confidence: reported (aggregated from official Rhode Island legislature records).
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