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H 8621RHODE ISLANDSession 2026State BillBecame law without the governor's signature

Enacted

Rhode Island authorizes Cranston to issue $2 million in bonds for public building improvements

Original title: AN ACT AUTHORIZING THE CITY OF CRANSTON TO FINANCE THE ACQUISITION, DEMOLITION, CONSTRUCTION, IMPROVEMENT, RENOVATION, REPAIR, ALTERATION, FURNISHING AND EQUIPPING OF PUBLIC BUILDINGS IN THE CITY BY THE ISSUANCE OF NOT MORE THAN $2,000,000 GENERAL OBLIGATION BONDS AND NOTES THEREFOR (Authorizes Cranston to issue not more than $2,000,000 general obligation bonds and temporary notes for the acquisition, demolition, construction, improvement, renovation, repair, alteration, furnishing and equipping of public buildings in the city.)

Last action · June 26, 2026: Effective without Governor's signatureSponsors: Chris Paplauskas and 7 others

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

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What This Bill Does

The City of Cranston is authorized to issue up to $2,000,000 in and to finance public building projects. The measure covers acquisition, demolition, construction, improvement, renovation, repair, alteration, furnishing, and equipping of public facilities.

Why it matters

Local taxpayers in Cranston absorb the debt service on issued for municipal building upgrades, which impacts city capital planning and local borrowing capacity.

Background

General obligation bonds are municipal debt instruments backed by the issuing government's pledge to use legally available revenues, including tax powers, to repay the holders. context

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

Cranston residents

City residents are subject to municipal debt service obligations associated with the general obligation bonds.

Directly affected

City of Cranston

The municipal government gains the legal authority to issue up to $2,000,000 in bonds and notes for public buildings.

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

How much money is Cranston authorized to borrow under this act?

The city is authorized to issue not more than $2,000,000 in and notes.

What can the borrowed funds be used for?

The funds can be used for the acquisition, demolition, construction, improvement, renovation, repair, alteration, furnishing, and equipping of public buildings in the city.

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

9 actions

Jun 26, 2026Enrolled
Effective without Governor's signature
Jun 18, 2026
Transmitted to Governor
Jun 11, 2026Floor
Senate passed in concurrence
Jun 11, 2026
Placed on the Senate Consent Calendar (06/11/2026)
Jun 11, 2026Floor
House read and passed
Jun 10, 2026
Placed on House Calendar (06/11/2026)

Show 3 earlier actions

Jun 10, 2026Floor
Committee recommends passage
Jun 8, 2026
Scheduled for hearing and/or consideration (06/10/2026)
Jun 5, 2026Introduced
Introduced, referred to House Municipal Government & Housing

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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