Rhode Island Senate bill establishes property acquisition and relocation program for residential and commercial real estate

Original title: AN ACT RELATING TO WATERS AND NAVIGATION -- RESIDENTIAL AND COMMERCIAL PROPERTY ACQUISITION PROGRAM ACT (Establishes the Residential and Commercial Property Acquisition Program Act to implement residential or commercial property acquisitions, paired with funding for relocation costs within or proximate to the current community.)

Last action · April 9, 2026: Committee recommended measure be held for further studySponsors: Victoria Gu and 7 others

Companion · H 8169same policy, House version

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

Public stanceCommunity reactions are separate from the official record and reporting.

What This Bill Proposed

Rhode Island Senate Bill 2903 establishes the , creating a state framework for property acquisitions coupled with relocation funding for displaced occupants within or near their current community.

Why it matters

Property owners and tenants in designated acquisition areas gain access to structured buyout options and community relocation assistance.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

Residential and commercial property owners

Property owners are subject to potential state acquisition under the new program and are eligible for relocation support.

Directly affected

Displaced tenants

Tenants affected by property acquisitions receive relocation cost funding for moving within or proximate to their current community.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What does the Residential and Commercial Property Acquisition Program Act do?

It implements residential and commercial property acquisitions paired with funding for relocation costs within or proximate to the current community.

Where does relocation funding apply under this bill?

Relocation funding is directed toward moves located within or proximate to the current community.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Follow the record

Votes, people, money & the original source

Where This Stands

This bill did not become law - Died at adjournment · in Senate committee.

Procedural history

3 actions

Apr 9, 2026
Committee recommended measure be held for further study
Apr 3, 2026
Scheduled for hearing and/or consideration (04/09/2026)
Mar 4, 2026Introduced
Introduced, referred to Senate Housing and Municipal Government

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →