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---
type: "Bill"
title: "AN ACT AUTHORIZING THE TOWN OF SMITHFIELD TO ISSUE NOT TO EXCEED $45,000,000 IN GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCE 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 40% FOR EXPENDITURES ELIGIBLE FOR REIMBURSEMENT (Authorizes the town of Smithfield to issue not more than $45,000,000 bonds, notes and other evidences of indebtedness to finance the construction, renovation, improvement, alteration and repair, furnishing and equipping of schools and school facilities.)"
description: "AN ACT AUTHORIZING THE TOWN OF SMITHFIELD TO ISSUE NOT TO EXCEED $45,000,000 IN GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCE 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 40% FOR EXPENDITURES ELIGIBLE FOR REIMBURSEMENT (Authorizes the town of Smithfield to issue not more than $45,000,000 bonds, notes and other evidences of indebtedness to finance the construction, renovation, improvement, alteration and repair, furnishing and equipping of schools and school facilities.)"
jurisdiction: "us/states/ri"
legislature: "Rhode Island General Assembly"
session: "2018"
identifier: "SB 2990"
citation: "Rhode Island SB 2990 (2018)"
classification: ["bill"]
subjects: ["Bonds", "Smithfield"]
status: "enacted"
primary_sponsors: ["Archambault"]
version_count: 1
action_count: 9
vote_count: 2
first_action: "2018-06-20"
last_action: "2018-07-05"
source: "openstates"
source_identifier: "ocd-bill/429b110a-8af0-4d31-802d-bf80b0e9b330"
source_url: "http://status.rilin.state.ri.us/"
source_hash: "c84fc4db252ac0cc72bf722d109f60b964743b67fef30c44b8636c611d0abc47"
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 SB 2990 (2018) — AN ACT AUTHORIZING THE TOWN OF SMITHFIELD TO ISSUE NOT TO EXCEED $45,000,000 IN GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCE 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 40% FOR EXPENDITURES ELIGIBLE FOR REIMBURSEMENT (Authorizes the town of Smithfield to issue not more than $45,000,000 bonds, notes and other evidences of indebtedness to finance the construction, renovation, improvement, alteration and repair, furnishing and equipping of schools and school facilities.)
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **2990** (committee substitute) — [source](http://webserver.rilin.state.ri.us/BillText/BillText18/SenateText18/S2990.pdf)
## Votes
- Passage — **360** (pass) · upper
- IN CONCURRENCE — **680** (pass) · upper
## Sponsors
- Archambault — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2018-06-20** 06/20/2018 Introduced, referred to Senate Finance `introduction, referral-committee`
- **2018-06-20** 06/20/2018 Scheduled for hearing and/or consideration (06/21/2018)
- **2018-06-21** 06/21/2018 Committee recommends passage `committee-passage-favorable`
- **2018-06-22** 06/22/2018 Placed on Senate Calendar (06/22/2018)
- **2018-06-22** 06/22/2018 Senate read and passed `passage`
- **2018-06-22** 06/22/2018 Placed on the House Consent Calendar (06/22/2018)
- **2018-06-22** 06/22/2018 House passed in concurrence `passage`
- **2018-06-27** 06/27/2018 Transmitted to Governor `executive-receipt`
- **2018-07-05** 07/05/2018 Effective without Governor's signature `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/429b110a-8af0-4d31-802d-bf80b0e9b330`. Confidence: reported (aggregated from official Rhode Island legislature records).