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H 8488RHODE ISLANDSession 2026State BillBecame law without the governor's signature

Enacted

Portsmouth Authorized to Issue $41 Million in Bonds for School Facilities

Original title: AN ACT AUTHORIZING THE TOWN OF PORTSMOUTH TO ISSUE NOT TO EXCEED $41,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS TO FINANCE THE CONSTRUCTION, ADDITIONS, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE TOWN (Authorizes the Town of Portsmouth to issue bonds and notes in amount not exceeding $41,000,000 to finance construction, additions, renovation, improvement, alteration, repair, furnishing and equipping of schools and school facilities throughout the town.)

Last action · June 26, 2026: Effective without Governor's signatureSponsors: Terri Cortvriend and 2 others

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

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What This Bill Does

The Town of Portsmouth is authorized to issue up to $41,000,000 in , notes, and other to finance school construction and facility improvements. This measure became law without the Governor's signature on June 26, 2026.

Why it matters

Local taxpayers will back the debt used to fund comprehensive renovations and additions across town school facilities.

Who It Affects

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

Directly affected

Town of Portsmouth

Gains the legal authority to issue up to $41,000,000 in debt instruments for school projects.

Directly affected

Portsmouth taxpayers

Provide the backing for the general obligation bonds and notes issued by the town.

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 is the maximum amount the Town of Portsmouth can borrow under this act?

The town is authorized to issue up to $41,000,000 in , notes, and other .

What can the borrowed funds be used for?

The funds are to be used for the construction, additions, renovation, improvement, alteration, repair, furnishing, and equipping of schools and school facilities throughout the town.

What else do you want to know?

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Where This Stands

Current status: Became law without the governor's signature.

Procedural history

11 actions

Jun 26, 2026Enrolled
Effective without Governor's signature
Jun 18, 2026
Transmitted to Governor
Jun 10, 2026Floor
Senate passed in concurrence
Jun 9, 2026
Placed on the Senate Consent Calendar (06/10/2026)
Jun 2, 2026Floor
House read and passed
May 29, 2026
Placed on House Calendar (06/02/2026)

Show 5 earlier actions

May 26, 2026Floor
Committee recommends passage
May 22, 2026
Scheduled for consideration (05/26/2026)
May 19, 2026
Committee recommended measure be held for further study
May 15, 2026
Scheduled for hearing and/or consideration (05/19/2026)
Apr 29, 2026Introduced
Introduced, referred to House Finance

Version history

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

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