R.I. Gen. Laws § 35-9-1 — RI Code / Title 35 / Chapter 35-9 / Section 35-9-1
§ 35-9-1. Abraham Touro fund.
Status: in_force

The following act as passed by the general assembly in June, 1823, and amended in June, 1827, and June, 1834, and subsequently amended, shall continue in force:

Whereas, it has been made to appear to this general assembly, upon the representation of Titus Weeks, Esq., executor of the last will and testament of Abraham Touro, Esq., of the city of Boston, in the state of Massachusetts, that the said Abraham by his last will bequeathed a legacy in the following words, viz.: Item.  I give ten thousand dollars ($10,000) to the legislature of the state of Rhode Island for the purpose of supporting the Jewish synagogue in that state; in special trust to be appropriated to that object in such manner as the said legislature, together with the municipal authority of the town of Newport, may from time to time direct and appoint:

Therefore,

§ 1. Be it enacted by the general assembly, and by the authority thereof it is enacted, That said legacy and trust be and hereby are accepted by the general assembly; and the general treasurer is authorized and directed to apply for and receive from said executor the said legacy or donation of ten thousand dollars ($10,000), to give all proper receipts and acquittances therefor upon receipt thereof, and as soon as possible to vest the same entire in the stocks of some substantial bank or banks, or in some of the United States stocks; and thereafter cause the same to be invested by the state investment commission in accordance with the prudent investor rule and the certificates or evidences of such stock shall be carefully kept by said general treasurer in his or her office or by a custodian. It shall be the duty of said general treasurer once in every year to report to the general assembly the state of said fund.

§ 2. And be it further enacted, that the city council of Newport may, and it shall be their duty to cause all repairs to be made, which in their opinions shall be necessary and proper, upon said Jewish synagogue, upon the walls enclosing the Jewish burying ground in Newport appertaining to the synagogue, and thereafter, so far as funds may be available, to apply the same toward the maintenance of that part of the synagogue premises known as the community building and to pay such other expenses as said city council may deem necessary and proper, the total expenditures herein authorized, however, not to exceed in any twelve (12) month period, four and one-half percent (4Â½%) of the value of the Abraham Touro fund as measured on March 31 of each such period; provided, that all said expenditures shall be first approved by the president or vice president and by the secretary or treasurer of the board of officers of the Congregation Jeshuat Israel, worshiping in said synagogue, and by any one (1) of the trustees selected by said congregation under the provisions of § 7 of this act; and whenever there shall be no person of the Jewish persuasion residing in Newport and qualified and authorized to have the care and superintendence of said synagogue, said council shall appoint some suitable person or persons for that purpose, with such compensation as said council with the approbation of the general assembly, shall think reasonable; and provided, further, that nothing in this act shall be construed to authorize said city council or any other person whatever in any manner to interfere with or restrain the full and free exercise of the Jewish religion in said synagogue by any individual of that faith residing in Newport, or to interrupt the possession, control and management with which the proprietors of said synagogue and premises, or any other persons according to the laws and customs of the Jews, may be vested.

§ 3. And be it further enacted, that it shall be the duty of said city council, from time to time as occasion shall present, to recommend to the general assembly such measures and provisions as in their opinion shall be best calculated to promote and fulfill the object and intention of the donor, the said Touro, as expressed in his said will, in supporting and advancing said Jewish institution.

§ 4. And be it further enacted that the city council of Newport be, and they are hereby authorized from time to time, as occasion may require, to draw on the general treasurer in each twelve (12) month period, an amount not to exceed in any such period four and one half percent (4Â½%) of the value of the Abraham Touro fund as measured on March 31 of each such period, to pay for the expenditures authorized under § 2 hereof, and that said council shall make detailed report of their expenditures to the general assembly annually at the January session.

§ 5. The state investment commission shall have the care and management of this fund, with full power to regulate the custody and safekeeping of all moneys and evidences of property belonging thereto; it shall invest, subject to its order, to the use of this fund, all dividends, interest, or income arising therefrom in accordance with the prudent investor rule, and it may sell and dispose of any or all of such investments so made, when necessary to meet the draft of the city council of Newport as provided in § 4 of this act.

§ 6. The general treasurer is authorized and directed to expend the sum of five thousand dollars ($5,000) out of the Abraham Touro fund towards the purchase of a parcel of land in the city of Newport and the construction of a building and other improvements thereon to be used in connection with the Jewish synagogue in said city.

§ 7. The title to the said premises and the improvements thereon shall be vested in five (5) trustees, consisting of the general treasurer of the state of Rhode Island, the mayor of the city of Newport, and three (3) other persons to be selected by the Congregation Jeshuat Israel, a religious and educational corporation created under the laws of the state of Rhode Island, and now worshiping in said synagogue.

§ 8. The selection of the trustees set forth in § 7 shall be subject to the approval of the superior court of the state of Rhode Island, and they shall hold the said premises for all time hereafter in accordance with the provisions, objects and purposes expressed in the said last will and testament of said Abraham Touro, deceased.

§ 9. The trustees selected from time to time as set forth in § 7 and approved by the superior court of the state of Rhode Island, as provided for in § 8, shall have power at any and all times, for the purpose of obtaining money with which to pay for the construction of a building and other improvements provided for in § 6, to mortgage the parcel of land purchased under the provisions of said section together with any building or buildings and other improvements that may be constructed thereon and to sign all deeds, notes or other instruments which may be necessary to effect the mortgage of the same.

§ 10. Notwithstanding any provision of chapter 9 of title 35 to the contrary, on or after July 1, 1995, the president or vice president and the secretary or the treasurer of the board of officers of the Congregation Jeshuat Israel worshipping in said synagogue are hereby authorized from time to time, as occasion may require, to draw on the general treasurer in each twelve (12) month period, an amount not to exceed in any such period four and one-half percent (4Â½%) of the value of the Abraham Touro fund as measured on March 31 of each such period to pay for expenditures authorized by said Congregation in conformance with its charter and bylaws, without the necessity of first obtaining the approval of the city council of Newport. The aforementioned officers of the Congregation shall annually make a detailed report of said expenditures to the city council of Newport.
R.I. Gen. Laws § 35-6-35 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-35
§ 35-6-35. Oath of persons accounting  Inquiries as to facts.
Status: in_force

Whenever any account shall be presented to the department of administration for audit, it may require the person presenting the account, and any other person, to be sworn before the state controller touching the account, and, when so sworn, to answer orally or in writing as to any facts relating to the truth and justness of the account.
R.I. Gen. Laws § 35-3-27 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-27
§ 35-3-27. Reimbursement of debt service costs.
Status: in_force

(a) The Rhode Island airport corporation shall pay to the State of Rhode Island the amount of debt service which would otherwise have been paid if the state had not refunded bonds or defeased with the proceeds from the tobacco securitization executed in June 2002 the general obligation bonds issued for airport purposes.

(b) The Narragansett bay water quality management district commission shall pay to the State of Rhode Island the amount of debt service which would otherwise have been paid if the state had not defeased with the proceeds from the tobacco securitization executed in June 2002 the user fee funded guaranteed general obligation bonds.
R.I. Gen. Laws § 35-4-2 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-2
§ 35-4-2. Payments to general treasurer  Allocations to specific funds.
Status: in_force

All revenue of the state of whatever character shall be paid into the hands of the general treasurer and credited to the general funds of the state, except in such cases as the general assembly may by law specifically allocate to a special fund; provided, that any moneys appropriated by law for the establishment of a permanent fund for the support of the public schools, in accordance with the provisions of R.I. Const., Art. XII, shall remain a special fund for that purpose.
R.I. Gen. Laws § 35-12-17 — RI Code / Title 35 / Chapter 35-12 / Section 35-12-17
§ 35-12-17. Chapter controlling over inconsistent provisions.
Status: in_force

Insofar as the provisions of this chapter are inconsistent with the provisions of any other law or ordinance, general, special or local, the provisions of this chapter shall be controlling.
R.I. Gen. Laws § 35-3-24 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-24
§ 35-3-24. Control of state spending.
Status: in_force

(a) All department and agency heads and their employees are responsible for ensuring that financial obligations and expenditures for which they have responsibility do not exceed amounts appropriated and are spent in accordance with state laws.

(b) Persons with the authority to obligate the state contractually for goods and services shall be designated in writing by department and agency heads.

(c) In the event of an obligation, encumbrance, or expenditure in excess of amounts appropriated, the department or agency head with oversight responsibility shall make a written determination of the amount and the cause of the overobligation or overexpenditure, the person(s) responsible, and corrective actions taken to prevent reoccurrence. The plan of corrective actions contained within the report shall detail an appropriate plan to include, but not limited to, such issues as the implementation of waiting lists, pro-rata reduction in payments and changes in eligibility criteria as methods to address the shortfall. The report will be filed within thirty (30) days of the discovery of the overobligation or overexpenditure with the budget officer, the controller, the auditor general, and the chairpersons of the house and senate finance committees.

(d) In the event a quarterly report demonstrates an obligation, encumbrance, or expenditure in excess of amounts appropriated, the department or agency head with oversight responsibility shall file monthly budget reports with the chairpersons of the house and senate finance committees for the remainder of the fiscal year. The monthly budget reports shall detail steps taken towards corrective actions and other measures to bring spending in line with appropriations. In addition, the budget officer and controller shall ensure that the departments or agencys obligations, encumbrances, and expenditures for the remainder of the fiscal year result in the department or agency ending the fiscal year within amounts appropriated.

(e) The controller shall not authorize payments for additional staff, contracts, or purchases for any department or agency not projected to end a fiscal year within amounts appropriated unless necessitated by immediate health and safety reasons, which shall be documented upon discovery and reported, along with anticipated or actual expenditures, to the chairpersons of the house and senate finance committees within fifteen (15) days.

(f) A state employee who has knowingly and willingly encumbered, obligated, or authorized the expenditure of state funds in excess of amounts appropriated for those purposes or entered into contracts without proper authorization may be placed on disciplinary suspension without pay for up to thirty (30) days in accordance with § 36-4-36.

(g) A state employee who knowingly, willfully, and repeatedly authorizes actions resulting in encumbrances or spending of state funds in excess of amounts appropriated may be fined up to one thousand dollars ($1,000) and/or terminated from employment.

(h) Upon receipt of any budgetary information indicating an obligation, encumbrance, or expenditure in excess of the amounts appropriated, the chairperson of the house or senate finance committee may request a written report to be submitted by the director of administration within ten (10) calendar days. The report shall indicate if the obligation, encumbrance, or expenditure in excess of the amounts appropriated resulted in any disciplinary action or other penalty in accordance with subsection (f) or (g) of this section. If not, the report shall explain why no disciplinary action or other penalty was imposed in accordance with subsection (f) or (g).
R.I. Gen. Laws § 35-10-3 — RI Code / Title 35 / Chapter 35-10 / Section 35-10-3
§ 35-10-3. Investment of bond issue proceeds.
Status: in_force

The commission shall invest the proceeds of all bond issues not immediately required.
R.I. Gen. Laws § 35-20-7 — RI Code / Title 35 / Chapter 35-20 / Section 35-20-7
§ 35-20-7. Subsidiaries prohibited.
Status: in_force

(a) Except as expressly authorized by law, no public corporation shall have the right to exercise or perform any of its powers and functions through any subsidiary or any other separate corporation or entity. Except as expressly authorized by law, no public corporation shall direct, require, or permit any of its directors, officers, or employees to create any subsidiary organizations.

(b) In any case in which a public corporation is expressly authorized by law to create or to act through a subsidiary or other separate corporation or entity, no such subsidiary or other separate corporation or entity shall have the power to issue bonds, notes or other securities without the authorization of the legislature. In accordance herewith, university heights housing corporation for the purpose of financing and/or rehabilitating university heights and RIH equity corporation for the purpose of financing investments in low-income housing tax credit eligible properties, which are subsidiaries of Rhode Island housing and mortgage finance corporation are specifically authorized to issue debt for their corporate purposes. Provided, however, that nothing herein shall prohibit a wholly owned subsidiary of a public corporation from issuing notes or other evidences of indebtedness where the only payee or obligee on the instruments is the subsidiarys parent public corporation; and provided further, however, that nothing herein shall prohibit a wholly owned subsidiary of a public corporation from issuing notes or other evidences of indebtedness in connection with its purchase or lease of business equipment or other personal property used by the subsidiary in the ordinary course of its usual and regular business.
R.I. Gen. Laws § 35-6-30 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-30
§ 35-6-30. Accounting for taxes on commissions.
Status: in_force

The secretary of state shall annually, on or before the first Monday in December in each year, report to the state controller the number of commissions to officers issued by him or her, upon which a tax is imposed, and shall report and account to the state controller for the amount of taxes thereon received by him or her; and all sheriffs and other officers receiving these commissions and the taxes thereon shall account with the state controller therefor.
R.I. Gen. Laws § 35-4-23.1 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-23.1
§ 35-4-23.1. Indirect cost recoveries by state agencies.
Status: in_force

All state agencies shall apply for recovery of indirect costs when recovery is permissible under federal statute and grant regulations. All funds received for indirect costs recovery shall be turned over to the general treasurer and shall be placed in a restricted account in each agency for the specific purposes designated through the annual budget process. The agency shall, through the annual budget process, report to the general assembly the estimated amount of federal indirect cost recoveries for the next fiscal year, together with the intended use of the funds. Nothing contained in this section, however, shall conflict with the powers and duties granted the council on postsecondary education and the council on elementary and secondary education in chapters 59 and 60 of title 16, and the board of trustees for the university of Rhode Island as provided in chapter 32 of title 16.
R.I. Gen. Laws § 35-13-4 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-4
§ 35-13-4. Systems of registration.
Status: in_force

(a) Each issuer is authorized to establish and maintain a system of registration with respect to each obligation which it issues. The system may be a system pursuant to which (1) only certificated registered public obligations are issued; (2) only uncertificated registered public obligations are issued; or (3) both certificated and uncertificated registered public obligations are issued. The issuer may amend, discontinue, and reinstitute any system, from time to time, subject to covenants.

(b) The system shall be established, amended, discontinued, or reinstituted for the issuer and shall be maintained for the issuer as provided by the official or official body.

(c) The system shall be described in the registered public obligation or in the official actions which provide for original issuance of the registered public obligation, and in subsequent official actions providing for amendments and other matters from time to time. The description may be by reference to a program of the issuer which is established by the official or official body.

(d) The system shall define the method or methods by which transfer of the registered public obligation shall be effective with respect to the issuer, and by which payment of principal and any interest shall be made. The system may permit the issuance of registered public obligations in any denomination to represent several registered public obligations of smaller denominations. The system may also provide for the form of any certificated registered public obligation or of any writing relating to an uncertificated registered public obligation, for identifying numbers or other designations, for a sufficient supply of certificates for subsequent transfers, for record and payment dates, for varying denominations, for communications to holders or owners of obligations, and for accounting, cancelled certificate destruction registration, and releases of security interests and for other incidental matters. Unless the issuer otherwise provides, the record date for interest payable on the first or fifteenth day of a month shall be the fifteenth day or the last business day of the preceding month, respectively, and for interest payable on other than the first or fifteenth day of a month shall be the fifteenth calendar day before the interest payment date.

(e) Under a system pursuant to which both certificated and uncertificated registered public obligations are issued, both types of registered public obligations may be regularly issued, or one type may be regularly issued and the other type issued only under described circumstances or to particular described categories of owners, and provision may be made for registration and release of security interests in registered public obligations.

(f) The system may include covenants of the issuer as to amendments, discontinuances, and reinstitutions of the system and the effect of these on the exemption of interest from the income tax provided for by the code.

(g) Whenever an issuer shall issue an uncertificated registered public obligation, the system of registration may provide that a true copy of the official actions of the issuer relating to the uncertificated registered public obligation be maintained by the issuer or by the person, if any, maintaining the system on behalf of the issuer, so long as the uncertificated registered public obligation remains outstanding and unpaid. A copy of the official actions, verified to be a copy by an authorized officer, shall be admissible before any court of record, administrative body, or arbitration panel without further authentication.

(h) Nothing in this chapter shall preclude a conversion from one of the forms of registered public obligations provided for by this chapter to a form of obligation not provided for by this chapter if interest on the obligation so converted will continue to be exempt from the income tax provided for by the code.

(i) The rights provided by other laws with respect to obligations in forms not provided for by this chapter shall, to the extent not inconsistent with this chapter, apply with respect to registered public obligations issued in forms authorized by this chapter.
R.I. Gen. Laws § 35-4-4.6 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-4.6
§ 35-4-4.6. State Linked Deposit Policy  Definitions  Exemptions.
Status: in_force

(a) As used in §§ 35-4-4.1  35-4-4.6, the following terms shall have the following meanings:

(1) Community Reinvestment Act (CRA) shall mean the Community Reinvestment Act as enacted by the federal government as title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq., and all subsequent amendments and regulations.

(2) Banks shall mean those federally insured and regulated depository institutions which are the recipients or potential recipients of state deposits. State or federally chartered credit unions are not banks under §§ 35-4-4.1  35-4-4.6.

(3) Federal regulatory agencies shall mean the federal reserve board, federal deposit insurance corporation (FDIC), comptroller of the currency, and the office of thrift supervision (OTS).

(4) Funds on deposit shall mean those monies which are designated for general operating purposes, including all revenues from taxes, fees and fines, and federal aid; and also, all special purpose funds, restricted receipt accounts, and trust accounts.

(b) Any investments of the state and municipal employees retirement systems shall be exempt from the provisions of §§ 35-4-4.1  35-4-4.6.
R.I. Gen. Laws § 35-10-14 — RI Code / Title 35 / Chapter 35-10 / Section 35-10-14
§ 35-10-14. Investment in corporations doing business in Northern Ireland.
Status: in_force

(a) Notwithstanding any general or special law or regulation to the contrary, the general treasurer, acting as the treasurer/custodian of the state employees retirement system and the teachers retirement system, and as the chairperson of the state investment commission, is authorized and directed to monitor, by reference to reports of the investor responsibility research center or such other sources as he or she may deem useful and appropriate, the extent to which corporations organized under the laws of the United States or the several states and operating in Northern Ireland, in which the assets of the retirement systems or of the pension reserves investment trust fund are invested, adhere to principals of nondiscrimination in employment and freedom of workplace opportunity. In conducting the survey, the general treasurer may utilize any information presently available relative to similar pension plans. In making this determination, the general treasurer shall consider, without limitation, the following standards for corporate activity:

(1) Equal access to employment, promotion, and job-preservation without regard to religious affiliation or other minority status;

(2) The promotion of religious tolerance within the workplace, and the eradication of any manifestations of religious and other illegal discrimination;

(3) Adherence to other legal and regulatory guidelines for nondiscrimination and equality of opportunity existing in Northern Ireland; and

(4) Adherence to the MacBride Principles for Northern Ireland, so-called.

(b) The general treasurer shall set forth the results of the investigation by filing a report with the clerks of the house of representatives and of the senate not later than December 31 of each year. The report shall include, but not be limited to, the names and addresses of all United States corporations operating in Northern Ireland in which the assets of the retirement systems or trust fund are invested, and the findings of the general treasurer relative to these corporations adherence to the standards for corporate activity as set forth in subsection (a). The general treasurer shall also report his or her recommendations, if any, consistent with prudent fiduciary practice, based upon the findings of the investigation. The report shall be available for public inspection in the offices of the clerks of the house of representatives and of the senate, and in the office of the general treasurer.

(c) The general treasurer, subject to the approval of the commission, shall, where necessary, appropriate, and consistent with prudent standards for fiduciary practice, support shareholder petitions or initiatives requiring corporate action in compliance with the standards for nondiscrimination set forth in this section.

(d) It is not the intent of this section to diminish the present portfolio and it is not the intent of this section to injure the fragile economy of Northern Ireland. The general treasurer, in accordance with sound investment criteria, is encouraged to make future pension fund investments in United States firms which conduct business in Northern Ireland and which abide by the MacBride Principles of fair employment. Should all or any of the United States firms in which Rhode Island state pension funds are invested refuse to comply with the MacBride Principles, the general treasurer, in accordance with sound investment criteria, does have the option and is encouraged to remove these funds and invest them in United States firms which conduct business in Northern Ireland and which abide by the MacBride Principles of fair employment.
R.I. Gen. Laws § 35-13-5 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-5
§ 35-13-5. Execution of certificated registered public obligation.
Status: in_force

(a) A certificated registered public obligation shall be executed by the issuer, by the manual or facsimile signature or signatures of authorized officers. Any signature of an authorized officer may be attested by the manual or facsimile signature of another authorized officer.

(b) In addition to the signatures referred to in subsection (a), any certificated registered public obligation or any writing relating to an uncertificated registered public obligation may include a certificate or certificates signed by the manual or facsimile signature of an authenticating agent, registrar, transfer agent, or the like.

(c) At least one signature of an authorized officer or other person required or permitted to be placed on a certificated registered public obligation shall be a manual signature.
R.I. Gen. Laws § 35-6-38 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-38
§ 35-6-38. Accounts of expenditures and disbursements.
Status: in_force

The state controller shall keep fair, clear, and distinct accounts, under appropriate heads, of the expenditures and disbursements made in pursuance of the provisions of this chapter.
R.I. Gen. Laws § 35-13-12 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-12
§ 35-13-12. Applicability of chapter.
Status: in_force

(a) Unless at any time prior to or at original issuance of a registered public obligation the official or official body of the issuer determines otherwise, this chapter shall be applicable to that registered public obligation notwithstanding any provision of law to the contrary. When this chapter is applicable, no contrary provision shall apply.

(b) Nothing in this chapter limits or prevents the issuance of obligations in any other form or manner authorized by law.

(c) Unless determined otherwise pursuant to subsection (a), the provisions of this chapter shall be applicable with respect to obligations which have, prior to May 18, 1983, been approved by vote, referendum, or hearing, authorizing or permitting the authorization of obligations in bearer and registered form, or in bearer form only, and these obligations need not be resubmitted for a further vote, referendum, or hearing, for the purpose of authorizing or permitting the authorization of registered public obligations pursuant to this chapter.
R.I. Gen. Laws § 35-12-13 — RI Code / Title 35 / Chapter 35-12 / Section 35-12-13
§ 35-12-13. Agreement of the state.
Status: in_force

The state does hereby pledge to and agree with the holders of any notes issued under this chapter, that the state will not limit or alter the rights vested in the corporation to fulfill the terms of any agreements made with the holders until these notes, together with the interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceeding by or on behalf of holders, are fully met and discharged. The corporation is authorized to include this pledge and agreement of the state in any agreement with the holders of notes.
R.I. Gen. Laws § 35-5-6 — RI Code / Title 35 / Chapter 35-5 / Section 35-5-6
§ 35-5-6. Payment of salaries and wages from funds  Reimbursement from treasury.
Status: in_force

When authorized by any state department or agency approved by the director of administration, any disbursing officer shall also have charge of the payment of salaries and wages of officers and employees of the department or agency, and the state controller is authorized and directed to draw his or her orders upon the general treasurer for the payment of such sums as may from time to time be required, within the amounts appropriated therefor, upon receipt by him or her of payrolls properly attested, accompanied by orders approved in a manner satisfactory to the controller.
R.I. Gen. Laws § 35-17-5 — RI Code / Title 35 / Chapter 35-17 / Section 35-17-5
§ 35-17-5. Staff support for meetings.
Status: in_force

The C.E.C. chairperson and his or her staff will be responsible for preparing and distributing work papers before each conference. Each participant and principal will be responsible for providing the chairperson with the appropriate materials for the work papers on a schedule determined by the chairperson. Failure to meet this schedule shall be grounds, at the chairpersons option, to delay the conference.
R.I. Gen. Laws § 35-4-14 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-14
§ 35-4-14. Federal reduction relief fund  Interest earned on investment.
Status: in_force

Monies accruing due to the investment of the federal reduction relief fund shall remain unencumbered and a part of the fund.
R.I. Gen. Laws § 35-6-28 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-28
§ 35-6-28. Settlement of accounts of district court clerks.
Status: in_force

Every clerk shall record daily all receipts and disbursements with the supreme court director of finance in accordance with § 8-15-9.
R.I. Gen. Laws § 35-3-25 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-25
§ 35-3-25. Enumeration of restricted receipt, general revenue, and federal receipt accounts and debts service charges.
Status: in_force

The appropriations section in each budget bill for any fiscal year shall enumerate for each program and department all restricted receipt account appropriations, all general revenue appropriations, and all federal receipt appropriations, such that total general fund expenditures are listed for each program or agency or department except debt service charges. For this purpose, all debt service charges shall be enumerated as a program within the department of administration.
R.I. Gen. Laws § 35-10-13 — RI Code / Title 35 / Chapter 35-10 / Section 35-10-13
§ 35-10-13. Reinvestments directed at job retention and creation.
Status: in_force

Consistent with the investment criteria set forth in §§ 35-10-6, 35-10-11, and 35-10-12, the commission is specifically authorized to invest state funds or pension funds in investments which are intended to retain or create jobs in the New England region, but with priority given among the investments to the retention and creation of jobs in the state of Rhode Island. Notwithstanding the investment limitations set forth in §§ 35-10-6 and 35-10-11, the commission may in any particular case prescribe the following variations in these investment limitations when it shall deem it appropriate in view of the exigencies of the case and in order to carry out the intent and purpose of this section: (1) direct or indirect mortgage or collateral loans for projects or businesses; or (2) direct or equity interests in real estate, projects, or businesses; provided, that the total amount of all these loans or investments do not exceed at the time of making the loan and/or investment five percent (5%) of the total funds which are under the jurisdiction of the commission and which are subject to its statement of investment objectives and guidelines; and further provided, that investments made under this section shall be made in accordance with the prudent person standard set forth in this chapter.
R.I. Gen. Laws § 35-10-7 — RI Code / Title 35 / Chapter 35-10 / Section 35-10-7
§ 35-10-7. Expenses of commission  Employees.
Status: in_force

(a) Members of the commission shall serve without compensation but shall be reimbursed for any necessary expenses.

(b) No member or employee of the commission shall profit directly or indirectly from any investment transaction made by the commission. This provision is not intended to limit in any way the right of any member or employee of the commission to own shares of stock or bonds of any corporation or other entity in which money of the several funds are or may be invested.
R.I. Gen. Laws § 35-3-20.1 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-20.1
§ 35-3-20.1. Limitation on state spending.
Status: in_force

(a) For the fiscal year ending June 30, 2009, no appropriation, supplemental appropriation, or budget act shall cause the aggregate state general revenue appropriations enacted for the fiscal year to exceed ninety-seven and eight tenths of one percent (97.8%) of the estimated state general revenues for the fiscal year from all sources, including estimated unencumbered general revenues not continued or reappropriated to the new fiscal year remaining at the end of the previous fiscal year. Estimated unencumbered general revenues are calculated by taking the estimated general revenue cash balance at the end of the fiscal year less estimated revenue anticipation bonds or notes, estimated general revenue encumbrances, estimated continuing general revenue appropriations, and the amount of the budget reserve and cash stabilization account at the end of the fiscal year. The amount of the general revenue estimate and estimated unencumbered general revenue remaining shall be determined by the state controller and approved by the auditor general in conformance with accounting procedures currently in use. The excess of any unencumbered general revenue shall be determined by subtracting from the actual unencumbered general revenues at the end of any fiscal year an amount which together with the latest estimated general revenues is necessary to fund the ensuing fiscal years general revenue budget, including the required estimated general revenue supplemental and annual appropriations. Provided further, the applicable percentage shall decrease by two-tenths of one percent (.2%) for the succeeding four (4) fiscal years as follows:

(b) The amount between the applicable percentage in subsection (a) and one hundred percent (100%) of the estimated state general fund revenue for any fiscal year as estimated in accordance with subsection (a) shall be appropriated in any given fiscal year into the budget reserve and cash stabilization account; provided, that for the fiscal year ending June 30, 2009, no payment will be made which would increase the total of the budget reserve and cash stabilization account to more than three and four-tenths of one percent (3.4%) of only the estimated state general fund revenues as set by subsection (a). In the event that the payment to be made into the budget reserve and cash stabilization account would increase the amount in the account to more than three and four-tenths of one percent (3.4%) of estimated state general revenues, the amount shall be transferred to the Rhode Island Capital Plan fund, to be used solely for capital projects. Provided further the applicable percentage shall increase by four-tenths of one percent (.4%) for the four (4) succeeding fiscal years as follows:

However, there shall be no expenditures of money under this section without passage of a specific appropriation by the general assembly.

(c) Within forty-five (45) days after the close of any fiscal year, all unencumbered general revenue in the year end surplus account from the fiscal year shall be transferred to the general fund.
R.I. Gen. Laws § 35-23-4 — RI Code / Title 35 / Chapter 35-23 / Section 35-23-4
§ 35-23-4. Investments.
Status: in_force

(a) The office of the general treasurer may select an appropriate third-party administrator(s) for the program and shall adopt such plan, trust, and/or custodial documents, with such features and attributes as the office of the general treasurer determines necessary or advisable in its discretion to effectuate the provisions of this chapter in accordance with the following:

(1) The office of the general treasurer may select one or more firm(s) or company(ies) to provide retirement program investments, program administration, and communication services to employees who participate in the retirement savings program. The program shall provide for appropriate long-term retirement-oriented investments and shall include investment options as determined by the state investment commission. In determining the firm(s) or the company(ies) to provide these services, the office of the general treasurer shall consider the following:

(i) The financial stability of the company or firm;

(ii) The cost of the investments, program administration, and services to the members;

(iii) The experience of the company or firm in administering retirement savings plans;

(iv) The experience of the company or firm in providing education, counseling, and advice to participants of retirement savings plans; and

(v) Any criminal convictions, securities or antitrust law violations, material civil or regulatory fines or judgments against the company or firm which the company or firm shall be required to disclose to the office of the general treasurer and the commission as part of the selection process.

(2) The program shall provide education, counseling, and objective employee-specific plan advice to participants.

(3) The program shall include a limited number of investment options that shall include either:

(i) Investment portfolio options that are constructed to reflect different risk profiles such as conservative, moderate, and aggressive; and/or

(ii) Options constructed to reflect different risk profiles that automatically reallocate and rebalance contributions as an employee ages. There shall be investment options that prioritize the securities of companies that demonstrate good governance; efficient use of environmental resources; and thoughtful management of social impact. All investment offerings shall be approved by the state investment commission.

(b) The Rhode Island secure choice retirement savings program is an instrumentality of the state. Any security issued, managed, or invested by the state investment commission within the Rhode Island secure choice retirement savings program on behalf of an individual participating within the RISavers retirement savings program shall be state income tax deferred for investment earnings to include interest, dividends, and capital gains until such time as withdrawal pursuant to the terms of this chapter.

(c) The third-party administrator(s) shall adopt a written statement of investment policy that includes a risk management and oversight program. The state investment commission shall consider the statement of investment policy and any changes in the investment policy at a public meeting.
R.I. Gen. Laws § 35-5-10 — RI Code / Title 35 / Chapter 35-5 / Section 35-5-10
§ 35-5-10. Reimbursement of rotary funds for services provided to state agencies.
Status: in_force

Notwithstanding the provisions of § 35-5-5, any rotary or rotating fund established for centralized services under the control of the department of administration, including information technology, capital asset management and maintenance and human resources, shall consist of, in addition to such sums as may be provided by appropriation for that purpose, the receipts and reimbursements accruing to the fund. Any state department or agency receiving or drawing services, goods, wares, or merchandise from these programs, or receiving benefits therefrom, shall reimburse the rotary fund for the cost. The reimbursement of the rotary fund shall be made by each department or agency at the close of each calendar month through a process established by the state controller to the order of the respective rotary fund. The state controller shall charge payments to the proper appropriation for the operation and maintenance of the benefitting department or agency. On or before October 15, 2017, and quarterly thereafter, the director of the department of administration shall provide a report to the speaker of the house and senate president, with copies to the chairpersons of the house and senate finance committees, detailing the fund activity for the previous quarter, including a breakdown of the fund activity of each department or agency.
R.I. Gen. Laws § 35-8-9 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-9
§ 35-8-9. Records and annual report of sinking fund commission.
Status: in_force

The sinking fund commission shall keep a full record of its meetings and proceedings. The commission shall make a full report in writing to the general assembly on or before the tenth day of January in each year, showing respectively the conditions and manner of the investments of the sinking fund or sinking funds on the thirtieth day of June preceding, the estimated savings from the commissions refinancing of debt in the prior fiscal year, the estimated total debt service payments of the debt retired by the commission in the prior fiscal year, and shall in the report certify that the various investment securities in the sinking funds have been examined by the director of administration.
R.I. Gen. Laws § 35-5-1 — RI Code / Title 35 / Chapter 35-5 / Section 35-5-1
§ 35-5-1. Establishment  Rules and regulations.
Status: in_force

The director of administration may establish in any state department or agency a system of rotary or rotating funds for petty cash payments and for the purpose of paying such accounts as may in the judgment of the director be desirable. The director may make rules and regulations, not inconsistent with law, to more effectually provide for the operation of rotary or rotating funds, and may change any rules and regulations from time to time when in the opinion of the director it is necessary or advisable.
R.I. Gen. Laws § 35-11-2 — RI Code / Title 35 / Chapter 35-11 / Section 35-11-2
§ 35-11-2. Facsimile signature.
Status: in_force

(a) Any authorized officer may execute or cause to be executed with a facsimile signature in lieu of his or her manual signature any:

(1) Public security; provided, that at least one signature required or permitted to be placed thereon, which may be the signature of an authorized signer of a bank, trust company or other banking or financial institution action as trustee, authenticating agent, transfer agent, or similar agent, shall be manually subscribed; and

(2) Instrument of payment.

(b) The facsimile signature of an authorized officer has the same legal effect as his or her manual signature.
R.I. Gen. Laws § 35-4-20.1 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-20.1
§ 35-4-20.1. Contribution of money from water development fund  When and how contributions to be made.
Status: in_force

The enumeration of the money or trust funds set forth in § 35-4-20 shall not prohibit the applicability thereto of § 35-4-20.3 should the director of administration determine that for the reasons mentioned in § 35-4-20.2 the money or trust funds should be exempt, as it is the purpose of this chapter to exempt all trust funds from force and effect of § 35-4-20 where, by the operation of this chapter, federal matching funds or contributions to any trust fund would be lost by the state when contribution is to be made. The deduction hereby required shall be paid into the general fund by the state treasurer semiannually in July and January of each year and when so paid into the general fund shall thereupon become a part of that fund to be accounted for and disbursed as provided by law with respect to the general fund.
R.I. Gen. Laws § 35-4-7 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-7
§ 35-4-7. Sale of gifts and bequests  Deposit of proceeds.
Status: in_force

Whenever a gift or bequest is in the form of personal property, securities, or a similar gift or bequest, the general treasurer is authorized and empowered in his or her discretion to sell at public sale that gift or bequest, and the receipts from the sale or sales and all other moneys accepted by the state as a gift or bequest to the state shall be deposited by the general treasurer in the general treasury in the general fund for the use of the state.
R.I. Gen. Laws § 35-23-1 — RI Code / Title 35 / Chapter 35-23 / Section 35-23-1
§ 35-23-1. Short title.
Status: in_force

This chapter shall be known and may be cited as the Rhode Island Secure Choice Retirement Savings Program Act.
R.I. Gen. Laws § 35-4-6 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-6
§ 35-4-6. Acceptance of gifts and bequests.
Status: reserved

The general treasurer is authorized and empowered, with the approval of the director of administration, to accept on behalf of the state any gift or bequest of personal property, money, securities, or other similar gift or bequest, given to the state absolutely by any state employee, person, or organization; provided, that no acceptance by the state shall make the state in any manner legally or equitably liable to any state employee, person, or organization relative to the care, preservation, or use of the gift, bequest, or property; provided further, that the right shall be reserved by the general treasurer, and/or the director of administration, to refuse any gift or bequest so offered to the state; and provided further, that to the extent any gift or bequest is placed in a restricted receipt account, the gift and any identifiable earnings thereon shall remain in that account in the event any existing and/or future funds in the account are diverted or otherwise transferred or withdrawn to the general fund or used for any other use whatsoever.
R.I. Gen. Laws § 35-8-26 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-26
§ 35-8-26. Refunding bonds.
Status: in_force

(a) When bonds or notes have been issued as provided in this chapter, the general treasurer shall be authorized and empowered hereby, with the approval of the governor and in accordance with this chapter, to issue, from time to time, refunding bonds or notes of the state to refund any of such outstanding bonds or notes as may be specified from time to time by the governor provided that the outstanding amount of debt on account of any project shall not be increased thereby to an amount in excess of the amount approved for such project by the people.

(b) If the people shall have approved the issuance of refunding bonds or notes, at the election at which the incurring of debt for the respective project or projects was approved or as a separate approval at another time, the proceeds of the refunding bonds or notes, exclusive of any premium or accrued interest thereon, shall upon receipt be applied to retire the bonds or notes being refunded or shall be deposited by the general treasurer with an escrow agent, which may be the paying agent for the bonds being refunded, in trust for application to payment of such bonds or notes at maturity or upon earlier call. Such escrowed amounts shall be invested for the benefit of the owners of the refunded bonds or notes and shall be invested only in direct or guaranteed obligations of the United States of America or the state of Rhode Island. Money held in escrow, together with the earnings thereon, shall be applied to any principal, interest and early redemption premiums, if any, to the owners of the refunded bonds or notes, in accordance with the instructions of the general treasurer included in the terms of the escrow. An amount of bonds or notes being refunded, which is the largest amount of such bonds or notes for which the escrowed deposit will provide sufficient funds to pay all principal, interest and early redemption premiums, if any, when due, will be considered no longer outstanding and not debts of the state for the purpose of determining the amount of debt outstanding for the respective project or projects from and after the deposit of funds into escrow.

(c) If the people have not approved the issuance of refunding bonds or notes as aforesaid, the general treasurer may nevertheless issue refunding bonds or notes as provided herein for the purpose of paying or refunding all or any portion of an issue of bonds or notes then outstanding, including the amount of any redemption premium and costs of issuance related thereto; provided, however, that no such refunding bonds shall be payable over a period longer than the period during which the original bonds or notes so refunded must be paid pursuant to law, and provided further that the present value of the principal and interest payments due on refunding bonds issued under this section shall not exceed the present value of the principal and interest payments to be paid by the state on account of bonds or notes to be refunded.
R.I. Gen. Laws § 35-3-6 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-6
§ 35-3-6. Compensation of outside personnel employed in preparation of budget.
Status: in_force

Whenever the budget officer shall deem it advisable or necessary to require the attendance of any person other than the director of a department or a person employed by the state in the classified service, to aid and assist him or her in the preparation of the annual budget, the budget officer may compensate the person for his or her attendance and other necessary expenses.
R.I. Gen. Laws § 35-8-22 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-22
§ 35-8-22. Rebate to federal government.
Status: in_force

Notwithstanding any contrary provision of general or special law, the state and its agencies may rebate to the United States treasury any income from investments (including gains from the disposition of investments) of proceeds of bonds or notes to the extent deemed necessary to exempt (in whole or in part) the interest paid on the bonds or notes from federal income taxation.
R.I. Gen. Laws § 35-3-10 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-10
§ 35-3-10. Consideration of bill by senate committee.
Status: in_force

The bill, after passage by the house of representatives in its original form as transmitted by the governor, or as amended by the house, shall be transmitted to and received by the senate in the same manner as other bills are transmitted and received, and, upon receipt thereof by the senate, it shall forthwith be referred to an appropriate committee, which shall proceed to the consideration of the bill in the manner as provided in § 35-3-9 for the consideration of the bill by the committee of the house of representatives.
R.I. Gen. Laws § 35-8-18 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-18
§ 35-8-18. Replacement of lost or destroyed bond or note  Bond to protect state.
Status: in_force

Whenever the board is satisfied that any bond or note of the state has been lost or destroyed, the board may, upon payment to it by the owner or holder thereof of such a sum as it deems necessary to cover the actual expense involved and under such regulations and with such restrictions as it may prescribe, order the general treasurer and/or such other officers of the state as the board may designate to issue a duplicate of the bond or note, payable at the same time, bearing the same rate of interest as the bond or note so lost or destroyed, and so marked as to show the number if known and date of the original bond or note. No duplicate shall be issued until the owner of the lost or destroyed bond or note shall give to the general treasurer a bond in double the amount of the lost or destroyed bond or note and of the interest which would accrue until the principal is due and payable, with two (2) sufficient sureties both residents of the state, or with a surety company authorized to do business in this state, approved by the board, conditioned to indemnify and save harmless the state from any claim or demand on account of the lost or destroyed bond or note.
R.I. Gen. Laws § 35-3-13 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-13
§ 35-3-13. Revenue appropriations to be within expected receipts  Provision of revenue for additional appropriations.
Status: in_force

The governor shall submit the budget and the appropriation bill or bills for the fiscal year to the general assembly, which may increase, decrease, alter, or strike out the items contained therein; provided, that no action on its part shall be taken which will cause an excess of appropriations for revenue expenditures over expected revenue receipts. If additional appropriations are deemed necessary by the general assembly, it shall not make the appropriations unless it shall provide the necessary additional revenue therefor.
R.I. Gen. Laws § 35-5-8 — RI Code / Title 35 / Chapter 35-5 / Section 35-5-8
§ 35-5-8. Reimbursement of general store fund for purchases by state agencies.
Status: in_force

Notwithstanding the provisions of § 35-5-5, any rotary or rotating fund established for the general store at the state institutions at Cranston, under the control of the department of corrections, shall consist of, in addition to such sums as may be provided by appropriation for that purpose, the receipts and reimbursements accruing to the fund, and the inventory value at cost of goods, wares, and merchandise on hand in the general store. Any state department or agency receiving or drawing goods, wares, or merchandise from the general store, or receiving benefits therefrom, shall reimburse the rotary fund for the cost. The reimbursement of the rotary fund shall be made by each department or agency at the close of each calendar month by approving and forwarding to the state controller in the manner provided by law vouchers payable to the order of the general store rotary fund. The state controller shall charge the vouchers to the proper appropriation for the operation and maintenance of the department or agency.
R.I. Gen. Laws § 35-13-14 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-14
§ 35-13-14. Amendment or repeal.
Status: in_force

The state hereby covenants with the owners of any registered public obligations that it will not amend or repeal this chapter if the effect may be to impair the exemption from income taxation of interest on registered public obligations.
R.I. Gen. Laws § 35-12-18 — RI Code / Title 35 / Chapter 35-12 / Section 35-12-18
§ 35-12-18. Construction with other statutes.
Status: in_force

Nothing in this chapter shall restrict or limit the powers of the corporation arising under any laws of this state. This chapter shall be construed to provide a complete additional and alternative method for doing the things authorized by this chapter and shall be regarded as supplemental and in addition to the powers conferred by other laws. The issuance of all notes and other obligations of the corporation under the provisions of this chapter need not comply with the requirements of any other statute applicable to the issuance of obligations. No proceedings or notice of approval shall be required for the issuance of any notes and other obligations or any instruments of security therefor except as provided in this chapter.
R.I. Gen. Laws § 35-16-5 — RI Code / Title 35 / Chapter 35-16 / Section 35-16-5
§ 35-16-5. Staff support for meetings.
Status: in_force

(a) The R.E.C. chairperson and his or her staff will be responsible for preparing and distributing work papers before each conference. Each participant and principal will be responsible for providing the chairperson with the appropriate materials for the work papers on a schedule determined by the chairperson. Failure to meet this schedule shall be grounds, at the chairpersons option, to delay the conference.

(b) Work papers will include a side by side comparison of the revenue scenarios advocated by each of the principals. This analysis and its side by side presentation will be completed in time to distribute to each R.E.C. party at least one full day prior to the scheduled meeting date.

(c) The principals may request each participant to provide the R.E.C. chairperson and the remaining principals an independent revenue estimate and supporting information for each revenue source under the responsibility of the participants agency. This information should be provided on a schedule provided by the conference chairperson and will be included in the conference comparison report.

(d) The principals may request that each participant shall notify the R.E.C. chairperson of any prospective administrative changes contemplated by their respective agency which will affect the cash flow of any revenue source under consideration.

(e) For general revenue conferences, the principals shall adopt a consensus economic forecast upon which to base revenue estimates. The principals shall obtain the services of economists and economic forecast services as required for this purpose. The consensus economic forecast shall be available to each principal in a timely fashion for each principal to prepare revenue estimates.
R.I. Gen. Laws § 35-13-6 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-6
§ 35-13-6. Signatures.
Status: in_force

(a) Any certificated registered public obligation signed by the authorized officers at the time of the signing thereof shall remain valid and binding, notwithstanding that before the issuance thereof any or all of the officers shall have ceased to fill their respective offices.

(b) Any authorized officer empowered to sign any certificated registered public obligation may adopt as and for the signature of the officer the signature of a predecessor in office in the event that the predecessors signature appears on the certificated registered public obligation. An authorized officer incurs no liability by the adopting of a predecessors signature that would not be incurred by the authorized officer if the signature were that of the authorized officer.
R.I. Gen. Laws § 35-6-15 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-15
§ 35-6-15. Payment of general assembly members.
Status: in_force

The secretary of state and the clerks of the house of representatives shall, every thirty (30) days during each session of the general assembly and at the close of each session of the general assembly, severally prepare statements of the amounts to which the members of their respective houses are entitled for their pay and mileage, and shall transmit the statements to the state controller, who shall draw orders on the general treasurer for the payment thereof, in favor of each member.
R.I. Gen. Laws § 35-13-3 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-3
§ 35-13-3. Purpose.
Status: in_force

(a) The code provides that interest with respect to certain obligations may not be exempt from federal income taxation unless they are in registered form. It is therefore a matter of state concern that public entities be authorized to provide for the issuance of obligations in registered form. It is a purpose of this chapter to empower all public entities to establish and maintain a system pursuant to which obligations may be issued in registered form within the meaning of the applicable provisions of the code.

(b) Obligations have traditionally been issued in bearer rather than in registered form, and a change from bearer to registered form may affect the relationships, rights, and duties of issuers of and the persons that deal with obligations, and by this effect, the costs. These effects will impact the various issuers and varieties of obligations differently depending on their legal and financial characteristics, their markets, and their adaptability to recent and prospective technological and organizational developments. It is therefore a matter of state concern that public entities be provided flexibility in the development of systems of registration and control over system incidents, so as to accommodate these differing impacts. It is a purpose of this chapter to empower the establishment and maintenance, and amendment from time to time, of differing systems of registration of obligations, including system incidents, so as to accommodate the differing impacts upon issuers and varieties of obligations. It is further a purpose of this chapter to authorize systems that will facilitate the prompt and accurate transfer of registered public obligations and the developing of practices with regard to the registration and transfer of registered public obligations.
R.I. Gen. Laws § 35-17-1 — RI Code / Title 35 / Chapter 35-17 / Section 35-17-1
§ 35-17-1. Purpose and membership.
Status: repealed

(a) In order to provide for a more stable and accurate method of financial planning and budgeting, it is hereby declared the intention of the legislature that there be a procedure for the determination of official estimates of anticipated medical assistance expenditures and public assistance caseloads, upon which the executive budget shall be based and for which appropriations by the general assembly shall be made.

(b) The state budget officer, the house fiscal advisor, and the senate fiscal advisor shall meet in regularly scheduled caseload estimating conferences (C.E.C.). These conferences shall be open public meetings.

(c) The chairpersonship of each regularly scheduled C.E.C. will rotate among the state budget officer, the house fiscal advisor, and the senate fiscal advisor, hereinafter referred to as principals. The schedule shall be arranged so that no chairperson shall preside over two (2) successive regularly scheduled conferences on the same subject.

(d) Representatives of all state agencies are to participate in all conferences for which their input is germane.

(e) The department of human services shall provide monthly data to the members of the caseload estimating conference by the fifteenth day of the following month. Monthly data shall include, but is not limited to, actual caseloads and expenditures for the following case assistance programs: Rhode Island Works, SSI state program, general public assistance, and child care. For individuals eligible to receive the payment under § 40-6-27(a)(1)(vi) [repealed], the report shall include the number of individuals enrolled in a managed care plan receiving long-term care services and supports and the number receiving fee-for-service benefits. The executive office of health and human services shall report relevant caseload information and expenditures for the following medical assistance categories: hospitals, long-term care, managed care, pharmacy, and other medical services. In the category of managed care, caseload information and expenditures for the following populations shall be separately identified and reported: children with disabilities, children in foster care, and children receiving adoption assistance and RIte Share enrollees under § 40-8.4-12(j). The information shall include the number of Medicaid recipients whose estate may be subject to a recovery and the anticipated amount to be collected from those subject to recovery, the total recoveries collected each month and number of estates attached to the collections and each month, the number of open cases and the number of cases that have been open longer than three months. The executive office will also report separately the amount that the Medicaid expenditures have been reduced by third-party liability payments to providers, supplemental income verification tools, the department of administrations office of internal audit and program integrity unit, and recoveries from ABLE accounts.

(f) Beginning July 1, 2021, the department of behavioral healthcare, developmental disabilities and hospitals shall provide monthly data to the members of the caseload estimating conference by the twenty-fifth day of the following month. Monthly data shall include, but is not limited to, actual caseloads and expenditures for the private community developmental disabilities services program. Information shall include, but not be limited to: the number of cases and expenditures from the beginning of the fiscal year at the beginning of the prior month; cases added and denied during the prior month; expenditures made; and the number of cases and expenditures at the end of the month. The information concerning cases added and denied shall include summary information and profiles of the service-demand request for eligible adults meeting the state statutory definition for services from the division of developmental disabilities as determined by the division, including age, Medicaid eligibility and agency selection placement with a list of the services provided, and the reasons for the determinations of ineligibility for those cases denied. The department shall also provide, monthly, the number of individuals in a shared-living arrangement and how many may have returned to a twenty-four-hour (24) residential placement in that month. The department shall also report, monthly, any and all information for the consent decree that has been submitted to the federal court as well as the number of unduplicated individuals employed; the place of employment; and the number of hours working. The department shall also provide the amount of funding allocated to individuals above the assigned resource levels; the number of individuals and the assigned resource level; and the reasons for the approved additional resources. The department will also collect and forward to the house fiscal advisor, the senate fiscal advisor, and the state budget officer, by November 1 of each year, the annual cost reports for each community-based provider for the prior fiscal year. The department shall also provide the amount of patient liability to be collected and the amount collected as well as the number of individuals who have a financial obligation. The department will also provide a list of community-based providers awarded an advanced payment for residential and community-based day programs; the address for each property; and the value of the advancement. If the property is sold, the department must report the final sale, including the purchaser, the value of the sale, and the name of the agency that operated the facility. If residential property, the department must provide the number of individuals residing in the home at the time of sale and identify the type of residential placement that the individual(s) will be moving to. The department must report if the property will continue to be licensed as a residential facility. The department will also report any newly licensed twenty-four-hour (24) group home; the provider operating the facility; and the number of individuals residing in the facility. Prior to December 1, 2017, the department will provide the authorizations for community-based and day programs, including the unique number of individuals eligible to receive the services and at the end of each month the unique number of individuals who participated in the programs and claims processed.

(g) The executive office of health and human services shall provide direct assistance to the department of behavioral healthcare, developmental disabilities and hospitals to facilitate compliance with the monthly reporting requirements in addition to preparation for the caseload estimating conferences.
R.I. Gen. Laws § 35-7-8 — RI Code / Title 35 / Chapter 35-7 / Section 35-7-8
§ 35-7-8. Access of director to state property  Assistance to other departments.
Status: in_force

For the purpose of making any investigation authorized by §§ 35-7-1  35-7-9, the director of administration or his or her duly authorized agent may enter upon any state property at any reasonable time. The director, upon request by the proper person, shall assist, so far as practicable, any state department or agency in the keeping of its accounts and financial records and the drawing of contracts and agreements, and may generally advise that person concerning the financial affairs and management of the department or agency.
R.I. Gen. Laws § 35-3-5 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-5
§ 35-3-5. Estimates for legislature and judiciary.
Status: in_force

Itemized estimates of the financial needs of the legislature and of the judiciary shall be submitted, without revision, by the budget officer to the governor on or before the first day of October for inclusion in the budget. The Governor shall submit the financial needs as requested by the legislature and judiciary without revision for inclusion in the budget recommendation to the general assembly. The budget officer shall provide copies to the House Fiscal Advisor and the Senate Fiscal Advisor.
R.I. Gen. Laws § 35-13-8 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-8
§ 35-13-8. Agents  Depositories.
Status: in_force

(a) An issuer may appoint for such term as may be agreed, including for so long as a registered public obligation may be outstanding, corporate or other authenticating agents, transfer agents, registrars, or paying or other agents and specify the terms of their appointment, including their rights, compensation and duties, limits upon their liabilities, and provision for their payment of liquidated damages in the event of breach of certain of the duties imposed, which liquidated damages may be made payable to the issuer, the owner, or a financial intermediary. None of these agents need have an office or do business within this state.

(b) An issuer may agree with custodian banks and financial intermediaries, and nominees of any of them, in connection with the establishment and maintenance by others of a central depository system for the transfer or pledge of registered public obligations. The custodian banks and financial intermediaries, and nominees, may, if qualified and acting as fiduciaries, also serve as authenticating agents, transfer agents, registrars, or paying or other agents of the issuer with respect to the same issue of registered public obligations.

(c) Nothing shall preclude the issuer from itself performing, either alone or jointly with other issuers, any transfer, registration, authentication, payment, or other function described in this section.
R.I. Gen. Laws § 35-16-1 — RI Code / Title 35 / Chapter 35-16 / Section 35-16-1
§ 35-16-1. Purpose and membership.
Status: in_force

(a) In order to provide for a more stable and accurate method of financial planning and budgeting and to facilitate the adoption of a balanced budget wherein appropriations and expenditures do not exceed anticipated revenues, as is required by the statutes and constitution of Rhode Island, it is hereby declared the intention of the legislature that there be a procedure for the determination of an official estimate of anticipated state revenues upon which the executive budget shall be based and beyond which appropriations by the legislature and expenditures by the state shall not exceed.

(b) The budget office, the house fiscal advisor, and the senate fiscal advisor shall meet in regularly scheduled consensus revenue estimating conferences (R.E.C.). These conferences shall be open public meetings.

(c) The chairpersonship of each regularly scheduled R.E.C. will rotate among the state budget officer, the house fiscal advisor, and the senate fiscal advisor, hereinafter referred to as principals. The schedule shall be arranged so that no chairperson shall preside over two (2) successive regularly scheduled conferences on the same subject.

(d) Representatives of all state agencies, including by way of illustration, and not by way of limitation, the division of taxation, department of transportation, department of business regulation, department of health, and the office of general treasurer and any other state agency or board responsible for a revenue source under consideration by the R.E.C., are to participate in all conferences for which their input is germane.
R.I. Gen. Laws § 35-12-5 — RI Code / Title 35 / Chapter 35-12 / Section 35-12-5
§ 35-12-5. General powers.
Status: in_force

The corporation shall have all the powers necessary and convenient to carry out and effectuate the purposes and provisions of this chapter, including, but not limited to, the power to:

(1) Sue and be sued, complain and defend, in its corporate name;

(2) Have a seal which may be altered at pleasure, and use the seal by causing it, or a facsimile thereof, to be impressed or affixed or in any other manner reproduced;

(3) Purchase, take, receive, or otherwise acquire, own, hold, use, and otherwise deal in and with, intangible personal property, or any interest therein;

(4) Sell, convey, pledge, exchange, transfer, and otherwise dispose of all or any part of accounts for such consideration and upon such terms and conditions as the corporation shall determine;

(5) Make contracts and incur liabilities, and borrow money at such rates of interest as the corporation may determine;

(6) Make and execute all contracts, agreements, and instruments necessary or convenient in the exercise of the powers and functions of the corporation granted by this chapter;

(7) Invest and reinvest its funds;

(8) Conduct its activities, carry on its operations, and have offices and exercise the powers granted by this chapter;

(9) Make and alter by-laws, not inconsistent with this chapter, for the administration and regulation of the affairs of the corporation, and the by-laws may contain provisions indemnifying any person who is or was a director, officer, employee, or agent of the corporation, in the manner and to the extent provided in § 7-1.2-814; and

(10) Have and exercise all powers necessary or convenient to effect its purposes.
R.I. Gen. Laws § 35-4-20.3 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-20.3
§ 35-4-20.3. Contribution of money from water development fund  Application for refunds.
Status: in_force

Application for refunds as provided by this section shall be filed with the controller, except as otherwise provided in this section, within three (3) years after the right to a refund shall have accrued, else the right shall be barred. The controller may delegate the authority to accept an application for refund to any state agency vested by law with the responsibility for the collection of any tax, license, or account due. An application for refund shall be on a form approved by the controller and shall be supplemented with any additional proof as the controller deems necessary to establish the claim; provided, that the claim is not otherwise barred under the laws of this state. Upon receipt of an application for refund, the state agency to which the funds were paid shall make a determination of the amount due. If an application for refund is denied, in whole or in part, the state agency shall so notify the applicant, stating the reasons therefor.
R.I. Gen. Laws § 35-6-42 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-42
§ 35-6-42. Disbursements pending receipt of federal funds.
Status: in_force

(a) Pending the receipt by the state of any approved grant or reimbursement due from the federal government in connection with any undertaking of the state, the state controller, upon receipt by him or her of properly authenticated vouchers, for the purpose of meeting the obligations of the state in connection with the undertaking, is authorized and directed to draw from time to time his or her orders upon the general treasurer payable out of any funds of the state not specifically held for any particular purpose; and the general treasurer is authorized and directed to make the payments upon receipt of the orders; provided, that upon receipt of a grant or reimbursement from the federal government, the grant or reimbursement shall be placed in the funds out of which the payments have been made. The state controller to make suitable rules and regulations governing the reimbursements.

(b) If the state disburses its own funds for ongoing program purposes in accordance with federal law, regulation, or federal-state agreement, the state may be entitled to interest from the time when state funds are used to redeem checks or warrants, or to render payments, until federal funds are deposited into the states account. The federal government may be required by law, regulation, or agreement to pay interest to the state. Likewise, the state may be required to pay interest to the federal government from the time federal funds are deposited into the states account, until these funds are paid out in order to redeem checks or warrants, or to render payments. The amounts for transfer shall be determined by the state controller. In determining the amount to be paid by the state to the federal government, indirect costs incurred by the state may be considered. When permitted by applicable federal laws or administrative regulations, the state controller shall first offset and reduce the amount to be transferred by any and all amounts of interest payments calculated to be received by the state from the federal government, where the payments are due to the state because the state was required to disburse its own funds for federal program purposes prior to the receipt of funds. Should the interest payments calculated to be made by the federal government to the state exceed the transfer of interest transferred from the state to the federal government, the state controller shall then notify the federal government of the net amount of interest due to the state and shall record the net interest, upon its receipt, as interest revenue earned by the general fund, or any other appropriate fund within the state fund structure.

(c) In the event that the amount available in the appropriate fund within the state fund structure is not sufficient to pay reciprocal interest, a sum sufficient is hereby appropriated out of any money in the treasury not otherwise appropriated for the payment of these amounts.
R.I. Gen. Laws § 35-10-9 — RI Code / Title 35 / Chapter 35-10 / Section 35-10-9
§ 35-10-9. Repeal of authority of various officers and boards.
Status: repealed

All authority for investment placed with the governor, the general treasurer, the retirement board, the sinking fund commission, the director of employment security, or any other state officer, is herewith repealed.
R.I. Gen. Laws § 35-20-3 — RI Code / Title 35 / Chapter 35-20 / Section 35-20-3
§ 35-20-3. Corporation responsibilities.
Status: in_force

The chairs and chief executive officers of public corporations are responsible for the establishment and maintenance of a system or systems of internal accounting and administrative control within their respective corporations. This responsibility includes documenting the system, communicating system requirements to employees, and assuring that the system is functioning as prescribed and is modified, as appropriate, for changes in conditions.
R.I. Gen. Laws § 35-14-2 — RI Code / Title 35 / Chapter 35-14 / Section 35-14-2
§ 35-14-2. Policy.
Status: in_force

(a) The legislature hereby finds that:

(1) Fraud and errors in state programs are more likely to occur from a lack of sufficient internal control structures at state agencies;

(2) Effective internal control structures provide the basic foundation upon which public accountability must be built;

(3) An entitys system of internal control structures consists of policies and procedures designed to provide management with reasonable assurance that the agency achieves its objectives and goals including:

(i) Reliability of financial reporting;

(ii) Compliance with applicable laws and regulations; and

(iii) Effectiveness and efficiency of operations.

(4) Internal control structures are necessarily dynamic and must be continuously evaluated and, where necessary, improved; and

(5) Reports addressing the adequacy of the internal control structure of each state agency are necessary to enable the executive branch, the legislature, and the public to evaluate the agencys performance of its public responsibilities and accountability.

(b) The legislature declares that:

(1) The management of each state agency is responsible for establishing and maintaining an adequate internal control structure and policies and procedures for financial reporting;

(2) Each state agency shall perform an assessment and produce a report on the effectiveness of the internal control structure and procedures for financial reporting and, when detected, weaknesses must be promptly corrected; and

(3) All levels of management of the state agencies must be involved in assessing and strengthening the systems of internal control structures to minimize fraud, errors, abuse, and waste of government funds.
R.I. Gen. Laws § 35-11-7 — RI Code / Title 35 / Chapter 35-11 / Section 35-11-7
§ 35-11-7. Severability.
Status: in_force

If any provision of this chapter or the application thereof to any person or circumstance is held invalid, the invalidity shall not affect other provisions or applications of the chapter which can be given effect without the invalid provision or application, and to this end the provisions of this chapter are severable.
R.I. Gen. Laws § 35-8-14 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-14
§ 35-8-14. General sinking fund established.
Status: in_force

The general treasurer is authorized and directed to establish a general sinking fund for the purpose of providing funds for the payment of all state bonds at maturity, including all bonds authorized and issued according to law, and to transfer all the existing sinking funds to the general sinking fund. Wherever in any general law, public law, act, or resolution of the general assembly provision is made for the establishment of a sinking fund to extinguish a state debt at its maturity, that provision shall be construed to mean an addition to the general sinking fund for the redemption of state bonds at their maturity in conformity with this section.
R.I. Gen. Laws § 35-17-3 — RI Code / Title 35 / Chapter 35-17 / Section 35-17-3
§ 35-17-3. Additional meetings.
Status: in_force

(a) Any time during a fiscal year that any principal feels that the recommendations of the caseload estimating conference are no longer valid, then that principal, with the appropriate notice, may convene a caseload estimating conference. The principal requesting the additional conference shall be the chairperson for that conference.

(b) If at any time during a fiscal year any participant feels that the recommendations of the caseload estimating conference are no longer valid with respect to their caseload sources then that participant has a duty to and shall notify each of the principals. The secretary of the executive office of health and human services shall review the concerns of each participant and determine whether the problems are sufficient to request an additional conference.
R.I. Gen. Laws § 35-7-13 — RI Code / Title 35 / Chapter 35-7 / Section 35-7-13
§ 35-7-13. Audit of quasi-public agencies.
Status: in_force

All quasi-public agencies including corporations, authorities, commissions, and boards created by the authority of the general assembly, executive order, or state law, excluding cities and their subdivisions, towns and their subdivisions, regional school districts and school committees, water districts, fire districts, and any other municipal corporations and their agencies, subject to post audit, are hereby required to obtain the approval of the director of administration and the auditor general prior to the employment of private auditors. Audit workpapers of the private auditors shall be made available upon request, at the completion of the audit, to the auditor general and/or the director of administration for their review. The audit report shall be furnished to the auditor general and the director of administration.
R.I. Gen. Laws § 35-6-10 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-10
§ 35-6-10. Appropriation accounts.
Status: in_force

The controller shall open an account with each appropriation made by the general assembly, in which he or she shall credit the object for which the appropriation shall be made with the amount appropriated, and shall charge the several orders drawn against the same.
R.I. Gen. Laws § 35-13-1 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-1
§ 35-13-1. Short title.
Status: in_force

This chapter may be cited as the Registered Public Obligations Act.
R.I. Gen. Laws § 35-8-21 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-21
§ 35-8-21. Consolidation of bond issues.
Status: in_force

Bonds or notes issued pursuant to two (2) or more bond or note authorization acts may be consolidated for the purpose of sale and issued, sold, printed, and delivered as a single bond or note issue despite the requirement of any bond or note authorization act requiring or designating a particular total for bonds or notes issued pursuant to that act. Notwithstanding any requirement of the authorization act that bonds or notes issued thereunder shall bear any particular designation, bonds or notes consolidated pursuant to this section shall be designated on their face Consolidated Capital Development Loan of, followed by the year of issue and the series thereof in that year, or shall bear such other designation on their face as the general treasurer shall deem appropriate. Notwithstanding the provisions of this section, the general treasurer shall separately account for the bonds or notes issued under the proceeds received from bond or note sales under the particular authorizing act.
R.I. Gen. Laws § 35-11-1 — RI Code / Title 35 / Chapter 35-11 / Section 35-11-1
§ 35-11-1. Definitions.
Status: in_force

As used in this chapter:

(1) Authorized officer means any official of this state or any of its departments, agencies, or other instrumentalities or any of its political subdivisions whose signature on a public security or instrument of payment is required or permitted.

(2) Facsimile signature means a reproduction, by engraving, imprinting, stamping, or other means, of the manual signature of the authorized officer.

(3) Instrument of payment means a check, draft, warrant, or order for the payment, delivery, or transfer of funds.

(4) Public security means a bond, note, certificate of indebtedness, or other obligation for the payment of money, issued by this state or by any of its departments, agencies, or other instrumentalities or by any of its political subdivisions.
R.I. Gen. Laws § 35-12-10 — RI Code / Title 35 / Chapter 35-12 / Section 35-12-10
§ 35-12-10. Trust funds.
Status: in_force

All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of notes or as revenues, receipts, or income, shall be trust funds to be held and applied solely as provided in the proceedings under which the notes are authorized. Any officer with whom, or any bank or trust company with which, these money shall be deposited as trustee thereof shall hold and apply the money for the purposes thereof, subject to the applicable provisions of this chapter, the proceedings authorizing the notes, and the trust agreement securing the notes, if any.
R.I. Gen. Laws § 35-8-6.2 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-6.2
§ 35-8-6.2. Sinking funds to replace bond issuance.
Status: in_force

(a) Prior to the issuance of previously authorized general obligation debt contained in the capital improvement plan, the sinking fund commission may cause a savings analysis to be performed to determine if the estimated savings resulting from the defeasance of the general obligation debt recommended for defeasance by the sinking fund is more or less than the savings which would be achieved if the previously authorized general obligation debt were not issued. In the event that the sinking fund commission makes a finding that the savings would be greater from not issuing the previously authorized general obligation debt, then the sinking fund commission may use sinking funds to replace, in whole or in part, the same debt authorization.

(b) Upon the sinking fund commissions determination to use sinking funds to replace, in whole or in part, authorized but unissued general obligation debt authorization, the amount designated by the sinking fund commission is hereby appropriated for that purpose.
R.I. Gen. Laws § 35-6-13 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-13
§ 35-6-13. Transmission of accounts allowed by courts.
Status: in_force

Every account allowed by the supreme court, superior court, family court, workers compensation court, district court, or traffic tribunal, and every certificate allowed for any attendance in these courts in cases provided by law, and every account or bill of costs, with the items thereof, allowed by these courts, shall, be transmitted daily by the clerks of the courts, respectively, to the supreme court director of finance in accordance with § 8-15-9; and the account, certificate, or bill of costs shall state the name of the person to whom the allowances have been made, the amount thereof, and for what the allowance has been allowed.
R.I. Gen. Laws § 35-3-4.2 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-4.2
§ 35-3-4.2. Zero base budget review.
Status: in_force

(a) The chairperson of the house finance committee and/or the chairperson of the senate finance committee may, from time to time, designate one or more departments to submit zero base budgets. The committee(s) shall consider the objectives, operations, measures of performance, and costs of all activities of each department; explore alternative means of conducting the activities of each department; and evaluate alternative budget amounts for various levels of effort for each activity of each department.

(b) The committee(s) shall begin zero base budget reviews at the beginning of the fiscal year, and shall complete analysis prior to the governors submission of the budget as required in § 35-3-7. Prior to August 1, the chairperson(s) shall communicate to the departments so designated the form and number of copies, and with such explanation as the committee(s) may require.
R.I. Gen. Laws § 35-4-16 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-16
§ 35-4-16. Federal reduction relief fund  Severability.
Status: in_force

If any provision of §§ 35-4-12  35-4-16, or the application thereof, shall for any reason be judged invalid, that judgment shall not affect, impair, or invalidate the remainder of the law, but shall be confined in its effect to the provision or application directly involved in the controversy giving rise to the judgment.
R.I. Gen. Laws § 35-3-24.1 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-24.1
§ 35-3-24.1. Program performance measurement.
Status: in_force

(a) Beginning with the fiscal year ending June 30, 1997, the governor shall submit, as part of each budget submitted to the general assembly pursuant to § 35-3-7, performance objectives for each program in the budget for the ensuing fiscal year, estimated performance data for the fiscal year in which the budget is submitted, and actual performance data for the preceding two (2) completed fiscal years. Performance data shall include efforts at achieving equal opportunity hiring goals as defined in the departments annual affirmative action plan. The governor shall, in addition, recommend appropriate standards against which to measure program performance. Performance in prior years may be used as a standard where appropriate. These performance standards shall be stated in terms of results obtained.

(b) The governor may submit, in lieu of any part of the information required to be submitted pursuant to subsection (a), an explanation of why the information cannot as a practical matter be submitted.

(c)(1) The office of management and budget shall be responsible for managing and collecting program performance measures on behalf of the governor. The office is authorized to conduct performance reviews and audits of agencies to determine the manner and extent to which executive branch agencies achieve intended objectives and outcomes.

(2) In order to collect performance measures from agencies, review performance, and provide recommendations, the office of budget and management is authorized to coordinate with the office of internal audit and program integrity regarding the findings and recommendations that result from audits conducted by the office.

(3) In order to facilitate the office of management and budgets performance reviews, agencies must generate and provide timely access to records, reports, analyses, audits, reviews, documents, papers, recommendations, contractual deliverables, or other materials available relating to agency programs and operations.

(4) In order to ensure alignment of executive branch agency operations with the states priorities, the office of management and budget may produce, with all necessary cooperation from executive branch agencies, analyses and recommendations to improve program performance, conduct evidence-based budgeting, and respond to sudden shifts in policy environments.

(5) In order to gain insight into performance or outcomes and inform policymaking and program evaluation, the office of management and budget may lead, manage, and/or coordinate interagency and cross-system collaboration or integration initiatives.
R.I. Gen. Laws § 35-17-4 — RI Code / Title 35 / Chapter 35-17 / Section 35-17-4
§ 35-17-4. Impact meetings.
Status: in_force

(a) The caseload estimating conference principals, along with the appropriate participants, will meet from time to time to compare current caseload data with the most recent financial projections as required by § 35-3-1(6). Any principal can call an impact meeting at any time.

(b) Following each legislative session, the principals, along with the appropriate participants, shall meet and review all changes in legislation affecting caseloads and shall amend the official recommendations of the caseload estimating conference accordingly.
R.I. Gen. Laws § 35-6-6 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-6
§ 35-6-6. Returns accounting for funds.
Status: in_force

The department of administration shall furnish the clerk of the supreme court and the several clerks of the superior court, and of the district courts, and other officers required by this chapter to account to it, with such forms of accounts and returns as it shall think proper and convenient; and the clerks, justices, and other officers shall make return to the department according to law, agreeably on forms prescribed by it.
R.I. Gen. Laws § 35-22-2 — RI Code / Title 35 / Chapter 35-22 / Section 35-22-2
§ 35-22-2. Public policy.
Status: in_force

It is the policy of the State of Rhode Island (the State) that in order to maintain an effective system of monitoring the use of federal subsidies within the state, facilities within the state proposed to be financed with bonds issued by an issuer that does not have jurisdiction over the location of those facilities including, but not limited to, issuers located outside of the state, must receive prior host approval from the governor of the state in accordance with this act.
R.I. Gen. Laws § 35-4-13.3 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-13.3
§ 35-4-13.3. Federal reduction relief fund  Appropriations for job development programs.
Status: in_force

The general assembly may from time to time appropriate monies from the fund to the economic development corporation for the expansion of job development activities.
R.I. Gen. Laws § 35-8-16 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-16
§ 35-8-16. Board for replacement of lost, destroyed, or mutilated bonds or notes.
Status: in_force

The attorney general, the secretary of state, and the general treasurer are hereby constituted a board, hereinafter referred to in §§ 35-8-17  35-8-18 as the board, to carry out the provisions of those sections.
R.I. Gen. Laws § 35-15-5 — RI Code / Title 35 / Chapter 35-15 / Section 35-15-5
§ 35-15-5. Security for savings bonds.
Status: in_force

Any savings bonds issued pursuant to this chapter shall be direct, general obligations of the state and subject to repayment as provided in the general obligation bond acts; provided, that in the proceedings of the governor and the general treasurer authorizing the issuance of the bonds, those officials may covenant on behalf of the state with or for the benefit of the holders of the bonds as to all matters deemed advisable by those officials, including the terms and conditions for creating and maintaining sinking funds, reserve funds, and such other special funds as may be created in those proceedings, separate and apart from all other funds and accounts of the state, and those officials may make such other covenants as may be deemed necessary or desirable to assure the prompt payment of the principal of and interest on those bonds when due.
R.I. Gen. Laws § 35-10-15 — RI Code / Title 35 / Chapter 35-10 / Section 35-10-15
§ 35-10-15. Disclosure of performance and expenses.
Status: in_force

(a) In 2015, the office of general treasurer launched the Transparent Treasury Initiative in order to assist the public in accessing information regarding how the states pension investments are managed and invested; how such investments are performing; and to provide an overview of the states pension investment strategies. The purpose of this section is to provide a statutory requirement for the continuance of several aspects of this initiative.

(b) The state investment commission shall, on a best-effort basis, compile and disclose in a manner readily accessible to the public the following information:

(1) On a quarterly basis, as to each investment vehicle and as to all vehicles in the aggregate, the current values of the investment, and the annualized performance of the investment, net of fees and expenses;

(2) On an annual basis, as to each vehicle and as to all vehicles in the aggregate, the dollar amount of fees and expenses paid to each manager including, if applicable, management fees, performance fees, and fund expenses.

(c) Disclosure of expenses in subsection (b)(2) of this section shall only be required for investments initiated by the retirement system on or after June 30, 2017.

(d) The general treasurer shall use best efforts to calculate and verify the relevant information necessary for the state investment commission to comply with these disclosure requirements.

(e) For purposes of this section:

(1) Investment means an investment in a mutual fund, index fund, private equity fund, a venture capital fund, a hedge fund, a real estate fund, infrastructure fund, or any other investment vehicle in which retirement system assets are invested.

(2) Investment vehicle means the mutual fund, index fund, limited partnership, limited-liability company or similar legal structure through which the retirement system makes an investment.

(3) Retirement system means the employees retirement system of the state established by § 36-8-2.
R.I. Gen. Laws § 35-4-20 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-20
§ 35-4-20. Contribution of money from water development account fund.
Status: in_force

A contribution of money based upon the annual statewide cost allocation plan, representing the estimated pro rata share of statewide indirect costs paid from the general fund, shall be made from the water development account fund.
R.I. Gen. Laws § 35-8-15 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-15
§ 35-8-15. Custody of securities in general sinking fund.
Status: in_force

Subject to the provisions of § 35-8-8, and to the orders of the sinking fund commission or the state investment commission, the general treasurer shall have the custody of all securities in the general sinking fund established under the provisions of this chapter.
R.I. Gen. Laws § 35-12-19 — RI Code / Title 35 / Chapter 35-12 / Section 35-12-19
§ 35-12-19. Liberal construction.
Status: in_force

This chapter, being necessary for the welfare of the state and its inhabitants, shall be liberally construed so as to effectuate its purposes.
R.I. Gen. Laws § 35-10-2 — RI Code / Title 35 / Chapter 35-10 / Section 35-10-2
§ 35-10-2. Determination of funds for investment.
Status: in_force

The commission shall in its absolute discretion determine which money of the state fund structure are not immediately required for expenditure and shall invest the money of the state from the general fund, rotary funds, sinking funds, special revenue funds, trust and agency funds, including the veterans home fund, permanent school fund, employees retirement fund, Touro Jewish synagogue fund, Rhode Island temporary disability insurance reserve fund, and from such other funds as are established or which may be established in the custody of the state.
R.I. Gen. Laws § 35-3-3.1 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-3.1
§ 35-3-3.1. Responsibility of budget officer for budget of resource recovery corporation.
Status: in_force

On or before December 1 of each year, the budget officer shall review the annual budget submitted by the resource recovery corporation, making such recommendations as he or she may deem proper to the director of administration.
R.I. Gen. Laws § 35-12-12 — RI Code / Title 35 / Chapter 35-12 / Section 35-12-12
§ 35-12-12. Notes as legal investments.
Status: in_force

The notes of the corporation are hereby made securities in which all public officers and bodies of this state and municipalities and municipal subdivisions, all companies and associations and other persons carrying on an insurance business, all banks, bankers, trust companies, savings banks, and savings associations, including savings and loan associations, building and loan associations, investment companies, and other persons carrying on a banking business, all administrators, guardians, executors, trustees, and other fiduciaries, and all other persons whatsoever who are authorized to invest in bonds or other obligations of the state may properly and legally invest funds, including capital, in their control or belonging to them.
R.I. Gen. Laws § 35-3-22 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-22
§ 35-3-22. Affordable housing  rental subsidy account.
Status: in_force

(a) There is hereby created within the general fund an affordable housing rental subsidy account, which shall be administered by the state controller and which shall be used solely for the purpose of providing such sums as may be required to fund the affordable housing rental subsidy in accordance with chapter 11.2 of title 42.

(b)(1) At the end of each fiscal year following the completion of the post audit of the financial transactions of the state by the state auditor general but prior to the issuance of his or her final audit report as set forth in § 22-13-4, the state controller shall transfer to the affordable housing rental subsidy account twenty percent (20%) of the amount payable into the general revenue fund pursuant to § 42-61-15 for each fiscal year.

(2) In carrying out the provisions of subsection (b), the state controller shall initially, at the fiscal year opening, transfer the amount identified as that fiscal years projected estimate; the transfer shall be adjusted at the end of the fiscal year in order to conform to the requirements of subsection (b).

(c) Notwithstanding any provision of the general laws to the contrary, for the period beginning July 1, 1994, and ending June 30, 1997, the Rhode Island housing and mortgage finance corporation shall annually allocate funds sufficient to carry out the provisions of chapter 11.2 of title 42.
R.I. Gen. Laws § 35-22-1 — RI Code / Title 35 / Chapter 35-22 / Section 35-22-1
§ 35-22-1. Short title.
Status: in_force

This act may be cited as the Private Activity Bond Approval Act.
R.I. Gen. Laws § 35-10-5 — RI Code / Title 35 / Chapter 35-10 / Section 35-10-5
§ 35-10-5. Investment of sinking fund moneys.
Status: in_force

Notwithstanding the provisions of this chapter, any sinking fund money shall be invested in bonds or certificates of indebtedness of the state, or in bonds of the United States or of any state of the United States, or, in the commissions discretion, in the interest bearing notes or bonds of any city, town, or fire district in the state, or of any county, city, or town in any state of the United States.
R.I. Gen. Laws § 35-24-1 — RI Code / Title 35 / Chapter 35-24 / Section 35-24-1
§ 35-24-1. Definitions.
Status: in_force

As used in this chapter:

(1) Designated beneficiary means an individual who is:

(i) Born on or after January 1, 2026; and

(ii) Whose parent or guardian is enrolled in the Rhode Island works program pursuant to § 40-5.2-1 et seq., within the first twelve (12) months of their life.

(2) Eligible expenditure means an expenditure associated with any of the following:

(i) Continuing education of a designated beneficiary at an institution of higher learning, trade school, vocational school, or professional apprenticeship program in Rhode Island;

(ii) Ownership of a home in Rhode Island by a designated beneficiary;

(iii) Ownership of a business with a principal place of business in Rhode Island by a designated beneficiary; or

(iv) Any investment in financial assets or personal capital that provides long-term gains to wages or wealth, as defined by regulation promulgated by the general treasurer.

(3) Trust means the Rhode Island baby bond trust, which consists of:

(i) All money from public or private sources appropriated or made available to the state for the benefit of the trust; and

(ii) All earnings on the money in the trust.
R.I. Gen. Laws § 35-4-22 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-22
§ 35-4-22. Inclusion of restricted and special revenue funds in budget.
Status: in_force

Pursuant to § 35-3-7, the budget officer shall include all restricted and dedicated revenues received or anticipated by state agencies as a part of the budget request, showing for each budgetary category the amount of nongeneral revenue monies requested or anticipated, and the total anticipated expenditure from all sources for the respective category.
R.I. Gen. Laws § 35-4-13.2 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-13.2
§ 35-4-13.2. Federal reduction relief fund  Appropriations for textbook modernization and improvement fund.
Status: in_force

The general assembly may from time to time appropriate monies from the fund to the textbook modernization and improvement fund as established in chapter 23 of title 16.
R.I. Gen. Laws § 35-8-19 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-19
§ 35-8-19. Substitution of coupon bond for registered bond or registered bond for coupon bond.
Status: in_force

Whenever the holder of any registered or coupon bond of this state which is now or shall hereafter be issued or outstanding shall desire to substitute the registered bond for a coupon bond, or the coupon bond for a registered bond, he or she shall present the coupon bond to the general treasurer with a request in writing for the substitution for the bond of one or more other bonds. The general treasurer, upon payment to him or her for the use of the state of such a sum as he or she deems necessary to cover the actual expense involved and under such regulations and restrictions as he or she may prescribe, is authorized and empowered to accept the bond so presented and to issue and deliver in substitution thereof one or more new bonds of denominations of one thousand dollars ($1,000), five thousand dollars ($5,000), ten thousand dollars ($10,000), or fifty thousand dollars ($50,000); provided, that the aggregate face value of the new bonds shall not exceed the face value of the bond so presented; provided, further, that if the new bonds bear coupons, the coupons shall cover only future interest payments. The new bonds shall in all substantial respect (except the denomination thereof) be similar to the bond so presented as to the date of maturity, interest rate, and dates of interest payments; and every new bond so issued in substitution shall be as valid for all purposes as the bond so presented for substitution, notwithstanding the fact that the number thereof or the signatures thereon or the denomination thereof may be different from the bond so presented for substitution. In every case the general treasurer shall mutilate the bond so presented for substitution and shall make a record of the date, number, and amount thereof, and of the date, number, and amount of every new bond issued in substitution. Thereafter the mutilated bond shall be kept in the files of the general treasurer or may be destroyed in the same manner as provided in § 35-8-2. Every new bond issued in substitution shall be signed by the general treasurer and by the secretary of state.
R.I. Gen. Laws § 35-6-20 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-20
§ 35-6-20. Audit of accounts of officers receiving money for state.
Status: in_force

The department of administration shall examine and audit all accounts between the state and clerks of courts, sheriffs, jailers, town councils, town treasurers, and licensed persons from whom an account is by law required, and all other persons indebted to the state, or who may receive money belonging to the state; and, for the purpose of making the audits, it may require the production of such documentary and other evidence by the accounting party as it shall think proper.
R.I. Gen. Laws § 35-6-44 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-44
§ 35-6-44. Severability.
Status: in_force

Each section of this chapter and every part of each section are hereby declared to be independent sections, and the holding of any section or sections or parts thereof to be void, ineffective, or unconstitutional for any cause shall not be deemed to affect any other section or part thereof.
R.I. Gen. Laws § 35-8-24 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-24
§ 35-8-24. Bonds to be eligible for Rhode Island savings bond program.
Status: in_force

Unless otherwise provided therein, public laws which authorize the state to issue its general obligation bonds are general obligation bond acts as that term is defined in § 35-15-2(2).
R.I. Gen. Laws § 35-13-2 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-2
§ 35-13-2. Definitions.
Status: in_force

As used in this chapter, the following terms have the following meanings, unless the context otherwise requires:

(1) Authorized officer means any individual required or permitted, alone or with others, by any provision of law, or by the issuing public entity, to execute on behalf of the public entity a certificated registered public obligation or a writing relating to an uncertificated registered public obligation.

(2) Certificated registered public obligation means a registered public obligation which is represented by an instrument.

(3) Code means the federal Internal Revenue Code of 1986, 26 U.S.C. § 1 et seq.

(4) Facsimile seal means the reproduction by engraving, imprinting, stamping, or other means of the seal of the issuer, official, or official body.

(5) Facsimile signature means the reproduction by engraving, imprinting, stamping, or other means of a manual signature.

(6) Financial intermediary means a bank, broker, clearing corporation, or other person, or the nominee of any of them, which in the ordinary course of its business maintains registered public obligation accounts for its customers, when so acting.

(7) Issuer means a public entity which issues an obligation.

(8) Obligation means an agreement of a public entity to pay principal and any interest thereon, whether in the form of a contract to repay borrowed money, a lease, an installment purchase agreement, or otherwise, and includes a share, participation, or other interest in that agreement.

(9) Official actions means the actions by statute, order, ordinance, resolution, contract, or other authorized means by which the issuer provides for issuance of a registered public obligation.

(10) Official or official body means:

(i) The officer or board that is empowered under the laws of one or more states, including this state, to provide for original issuance of an obligation of the issuer, by defining the obligation and its terms, conditions, and other incidents;

(ii) The successor or successors of the official or official body; and

(iii) Such other person or group of persons as shall be assigned duties of the official or official body with respect to a registered public obligation under applicable law from time to time.

(11) Public entity means any entity, department, or agency which is empowered under the laws of one or more states, territories, possessions of the United States, or the District of Columbia, including this state, to issue obligations, any interest with respect to which may, under any provision of law, be provided an exemption from the income tax referred to in the code. The term public entity may thus include, without limitation, this state, an entity deriving powers from and acting pursuant to the state constitution or a special legislative act, a political subdivision, a municipal corporation, a state university or college, a school or other special district, a joint agreement entity, a public authority, a public trust, a nonprofit corporation, and other organizations.

(12) Registered public obligations means an obligation issued by a public entity pursuant to a system of registration.

(13) System of registration and its variants means a plan that provides:

(i) With respect to a certificated registered publication, that:

(A) The certificated registered public obligation specify a person entitled to the registered public obligation and the rights it represents; and

(B) Transfer of the certificated registered public obligation and the rights it represents may be registered upon books maintained for that purpose by or on behalf of the issuer; and

(ii) With respect to an uncertificated registered public obligation, that:

(A) Books maintained by or on behalf of the issuer for the purpose of registration of the transfer of a registered public obligation specify a person entitled to the registered public obligation and the rights evidenced thereby; and

(B) Transfer of the uncertificated registered public obligation and the rights evidenced thereby be registered upon the books.

(14) Uncertificated registered public obligation means a registered public obligation which is not represented by an instrument.
R.I. Gen. Laws § 35-4-17 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-17
§ 35-4-17. Central cancer registry and prevention fund.
Status: repealed

There is hereby created and established in the state treasury a fund to be known as the central cancer registry and prevention fund, to which shall be deposited the revenues derived from the tax imposed in former § 44-20-13.1, repealed in 1986. All money now or hereafter in the central cancer registry and prevention fund are hereby dedicated for the purpose of the establishment of a continuous cancer registry and prevention program. The department of health is charged with the administration of this fund for the purposes specified in this section. The amount of money credited to the central cancer registry and prevention fund shall not exceed four hundred thousand dollars ($400,000) per fiscal year, and any moneys in excess thereof derived from this tax shall be credited to the general fund. All claims against the fund shall be examined, audited, and allowed in the manner now or hereafter provided by law for claims against the state.
R.I. Gen. Laws § 35-3-2 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-2
§ 35-3-2. Annual appropriations for state government.
Status: in_force

The general assembly shall annually appropriate such sums as it may deem necessary to pay the administrative and other expenses of the state government.
R.I. Gen. Laws § 35-8-11 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-11
§ 35-8-11. Payments into sinking funds.
Status: in_force

Beginning with fiscal year 2005, the sinking fund shall receive such sums as may be appropriated by the General Assembly.
R.I. Gen. Laws § 35-4-18 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-18
§ 35-4-18. Health education, alcohol, and substance abuse prevention program.
Status: in_force

There is hereby created and established a program to be known as the health education, alcohol, and substance abuse prevention program, which shall be funded annually by the general assembly. All moneys now or hereafter in the health education, alcohol, and substance abuse prevention program are hereby appropriated for the purpose of establishing continuous health education programs dealing primarily in the areas of alcohol and substance abuse for students in grades kindergarten (K) through twelve (12). The department of behavioral healthcare, developmental disabilities and hospitals and the department of elementary and secondary education are charged with administration of the program for the purposes specified in this section. Independent evaluation of the programs in grades kindergarten (K) through twelve (12) shall be made annually. Funds for evaluation shall emanate from the health education, alcohol, and substance abuse appropriations. Claims against the funds shall be examined, audited, and allowed in the manner now or hereafter provided by law.
R.I. Gen. Laws § 35-6-34 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-34
§ 35-6-34. Payments on audit of accounts.
Status: in_force

All officers and persons required by the provisions of this chapter to account with the department of administration shall pay over the amounts due the state to the general treasurer within seven (7) days of receipt of any funds.
R.I. Gen. Laws § 35-4-10 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-10
§ 35-4-10. Veterans disability allowances unimpaired.
Status: in_force

Nothing in this title or in any general or public law shall be construed to allow or permit any officer of the state to require any veteran of any war in which the United States was engaged to surrender to the state the whole or any part of his or her service connected disability compensation, nor shall this compensation be deducted from the salary or wages of the veteran.
R.I. Gen. Laws § 35-11-5 — RI Code / Title 35 / Chapter 35-11 / Section 35-11-5
§ 35-11-5. Uniformity of interpretation.
Status: in_force

This chapter shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it.
R.I. Gen. Laws § 35-4-13.1 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-13.1
§ 35-4-13.1. Federal reduction relief fund  Appropriations for excellence in education.
Status: in_force

The general assembly may from time to time appropriate monies to the elementary and secondary education excellence fund as set forth in § 16-5-32.
R.I. Gen. Laws § 35-6-41 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-41
§ 35-6-41. Refund of erroneous or excessive payments to state.
Status: in_force

Whenever an erroneous payment or any payment in excess of the correct amount has been made to the state, the general treasurer shall refund the erroneous payment or overpayment; and the state controller, upon receipt by him or her of proper vouchers is authorized and directed to draw his or her orders upon the general treasurer for the refund of any erroneous payment or overpayment.
R.I. Gen. Laws § 35-14-6 — RI Code / Title 35 / Chapter 35-14 / Section 35-14-6
§ 35-14-6. Annual report.
Status: in_force

(a) To ensure that the requirements of this chapter are fully complied with, the head of each agency shall prepare and submit a report on the adequacy of the agencys systems of internal accounting and administrative control by December 31 of each year.

(b) The report, including the state agencys response to report recommendations, shall be signed by the head of the agency and addressed to the governor. Copies of the reports shall be forwarded to the legislature, the auditor general, and the director. Copies of these reports shall also be forwarded to the state library, where they shall be available for public inspection.

(c) By January 1, 1987, the director, in consultation with the auditor general and the controller, shall establish a system of reporting and a general framework to guide the agencies in performing evaluations on their systems of internal accounting and administrative control. The director, in consultation with the auditor general and the controller, may modify the format for the report or the framework for conducting the evaluations from time to time as deemed necessary.

(d) Any material inadequacy or material weakness in an agencys systems of internal accounting and administrative control which prevents the head of the agency from stating that the agencys systems of internal accounting and administrative control provided reasonable assurances that each of the objectives specified in § 35-14-4 was achieved shall be identified and the plans and schedule for correcting the inadequacy described in detail.
R.I. Gen. Laws § 35-6-36 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-36
§ 35-6-36. Access of controller to records of state departments.
Status: in_force

The department of administration shall supervise the accounts of all state departments and agencies, and the department shall at all times and without notice, for the purpose of examination, have access to the books of accounts and all records relating to the receipts, disbursements, and financial management of all state departments and agencies.
R.I. Gen. Laws § 35-14-1 — RI Code / Title 35 / Chapter 35-14 / Section 35-14-1
§ 35-14-1. Short title.
Status: in_force

This chapter shall be known and may be cited as the Financial Integrity and Accountability Act of 1986.
R.I. Gen. Laws § 35-24-3 — RI Code / Title 35 / Chapter 35-24 / Section 35-24-3
§ 35-24-3. Powers of the general treasurer.
Status: in_force

(a) The general treasurer, on behalf of the trust and for purposes of the trust, may:

(1) Receive and invest monies in the trust in any instruments, obligations, securities, or property in accordance with the provisions of this chapter;

(2) Enter into one or more contractual agreements, including contracts for legal, actuarial, accounting, custodial, advisory, management, administrative, advertising, marketing, and consulting services from the trust and pay for such services from the gains and earnings of the trust;

(3) Procure insurance in connection with the trusts property, assets, activities, or deposits to the trust;

(4) Apply for, accept, and expend gifts, grants, or donations from public or private sources to enable the trust to carry out its objectives;

(5) Adopt rules and regulations it deems necessary to effectuate the purposes of this chapter;

(6) Sue and be sued;

(7) Establish one or more funds within the trust and maintain separate accounts for each designated beneficiary; and

(8) Take any other action necessary to effectuate the purposes of this chapter, and incidental to the duties imposed on the general treasurer pursuant to this chapter.

(b) The general treasurer shall create a process within the office of the general treasurer to determine whether an expenditure proposed by a designated beneficiary is an eligible expenditure before the designated beneficiary is to receive any distribution under § 35-24-7.
R.I. Gen. Laws § 35-23-18 — RI Code / Title 35 / Chapter 35-23 / Section 35-23-18
§ 35-23-18. Liberal construction.
Status: in_force

This chapter shall be construed liberally in order to effectuate its purpose. The purposes of this chapter and all of its provisions with respect to the powers granted shall be broadly interpreted to effectuate that intent and purposes and not as to any limitation of powers.
R.I. Gen. Laws § 35-8-10.1 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-10.1
§ 35-8-10.1. Expenses of sinking fund commission.
Status: in_force

The commission may incur reasonable expenses in the fulfillment of its duties, including but not limited to bond counsel and financial advisement. These expenses shall be paid out of the commissions annual appropriation.
R.I. Gen. Laws § 35-6-39 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-39
§ 35-6-39. Accounts with general treasurer.
Status: in_force

The state controller shall keep an account with the general treasurer, and credit him or her with all the amounts paid on the orders drawn by the state controller, so that the books and accounts of the state controller shall show all the expenditures and disbursements of moneys appropriated by the general assembly.
R.I. Gen. Laws § 35-7-15 — RI Code / Title 35 / Chapter 35-7 / Section 35-7-15
§ 35-7-15. Audit of information security systems.
Status: in_force

(a) The general assembly recognizes that the security of government computer systems is essential to ensuring the stability and integrity of vital information gathered and stored by the government for the benefit of the citizenry and the breach of security over computer systems presents a risk to the health, safety, and welfare of the public. It is the intent of the legislature to ensure that government computer systems and information residing on these systems are protected from unauthorized access, compromise, sabotage, hacking, viruses, destruction, illegal use, cyber attack, or any other act that might jeopardize or harm the computer systems and the information stored on them.

(b) In conjunction with the powers and duties outlined in this chapter, the office of internal audit and program integrity may conduct reviews and assessments of the various government computer systems and the security systems established to safeguard these computer systems. Computer systems subject to this section shall include systems that pertain to federal, state, or local programs, and quasi-governmental bodies, and the computer systems of any entity or program that is subject to audit by the office of internal audit and program integrity. The office of internal audit and program integritys review may include an assessment of system vulnerability, network penetration, potential security breaches, and susceptibility to cyber attack and cyber fraud.

(c) The office of internal audit and program integritys findings shall be deemed public records and available for public inspection; provided, however, in the event the review indicates a computer system is vulnerable, or security over the system is otherwise deficient, reasonably segregable portions of the findings shall be subject to public inspection after the redaction of any information, the disclosure of which, would endanger the security of the system or reveal the specific nature of the vulnerabilities found. Notwithstanding any other provision of law to the contrary, the work papers developed in connection with the review of computer systems and the security over those systems authorized by this section shall not be deemed public records and are not subject to disclosure.

(d) In order to maintain the integrity of the computer system, the office of internal audit and program integrity may procure the services of specialists in information security systems or other contractors deemed necessary in conducting reviews under this section, and in procuring those services shall be exempt from the requirements of the state purchasing law or regulation.

(e) Any outside contractor or vendor hired to provide services in the review of the security of a computer system shall be bound by the confidentiality provisions of this section.
R.I. Gen. Laws § 35-20-11 — RI Code / Title 35 / Chapter 35-20 / Section 35-20-11
§ 35-20-11. Policies and procedures for credit card use  Payment for food and beverages.
Status: in_force

The executive officers of any public corporation shall establish and implement policies and procedures regarding the use of corporation issued credit cards and the payment for food and beverages. The policies and procedures shall be consistent with the provisions of § 35-20-10 and the policies and procedures established by the state director of administration contained in the procedural handbook issued by the department of administration.
R.I. Gen. Laws § 35-3-3 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-3
§ 35-3-3. Responsibility of budget officer for budget.
Status: in_force

The budget officer shall, under the supervision of the governor, prepare the annual state budget, assembling, correlating, and revising the estimates of revenues and requests for appropriations of the various departments of the state government.
R.I. Gen. Laws § 35-20-1 — RI Code / Title 35 / Chapter 35-20 / Section 35-20-1
§ 35-20-1. Short title.
Status: in_force

This chapter shall be known and may be cited as the Public Corporation Financial Integrity and Accountability Act of 1995.
R.I. Gen. Laws § 35-6-24 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-24
§ 35-6-24. Certification of fees for summoning state witnesses.
Status: in_force

The deputy sheriff shall certify in one of the books, under the proper title of the case and the division thereof to which his or her fees apply, the amount of his or her fees for summoning each witness in behalf of the state, the number of miles he or she has traveled in making service, and the amount due him or her therefor, together with the amount and items of all other fees due him or her for serving other criminal process in behalf of the state, which amount he or she may receive for the use of the state, after receipting therefor in the book, under the proper title of the case on account of which the fees are due.
R.I. Gen. Laws § 35-8-6 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-6
§ 35-8-6. Control and management of sinking funds  Investment.
Status: in_force

The sinking fund commission shall have the control and management of all sinking funds established for the redemption of any bonds or certificates of indebtedness issued by the state, except for investments which are made by the state investment commission under the provisions of chapter 10 of this title. Any and all bonds or certificates of indebtedness of the state purchased as an investment for the sinking fund for the redemption of bonds of the same issue shall be held in the sinking fund subject to the order of the commission or until the bonds shall by their terms become due and payable. For the purposes of this section, refunding escrows established by the state in connection with the refinancing of any bonds, notes or certificates of indebtedness including, without limitation, refunding escrows established in connection with the refinancing of any certificates of participation issued by or at the direction of the state, shall not constitute sinking funds established for the redemption of any bonds or certificates of indebtedness issued by the state.
R.I. Gen. Laws § 35-6-7 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-7
§ 35-6-7. Forfeiture on failure to account or pay money into treasury.
Status: in_force

Every clerk, officer, or other person who shall neglect or refuse to account to the department of administration as required by § 35-6-6, or shall neglect or refuse to pay into the state treasury any money belonging to the state, at the time when the money ought to be paid, shall forfeit thrice the amount of the money so withheld or not paid, to be recovered in an action of debt, in the name of the general treasurer, for the use of the state.
R.I. Gen. Laws § 35-4-27 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-27
§ 35-4-27. Indirect cost recoveries on restricted receipt accounts.
Status: in_force

Indirect cost recoveries of fifteen percent (15%) of cash receipts shall be transferred from all restricted receipt accounts, to be recorded as general revenues in the general fund. However, there shall be no transfer from cash receipts with restrictions received exclusively: (1) From contributions from nonprofit charitable organizations; (2) From the assessment of indirect cost-recovery rates on federal grant funds; or (3) Through transfers from state agencies to the department of administration for the payment of debt service. These indirect cost recoveries shall be applied to all accounts, unless prohibited by federal law or regulation, court order, or court settlement. The following restricted receipt accounts shall not be subject to the provisions of this section:

Executive Office of Health and Human Services

HIV Care Grant Drug Rebates

Health System Transformation Project

Rhode Island Statewide Opioid Abatement Account

HCBS Support-ARPA

HCBS Admin Support-ARPA

Department of Human Services

Organ Transplant Fund

Veterans home  Restricted account

Veterans home  Resident benefits

Pharmaceutical Rebates Account

Demand Side Management Grants

Veterans Cemetery Memorial Fund

Donations  New Veterans Home Construction

Commodity Supplemental Food Program-Claims

Department of Health

Pandemic medications and equipment account

Miscellaneous Donations/Grants from Non-Profits

State Loan Repayment Match

Healthcare Information Technology

Department of Behavioral Healthcare, Developmental Disabilities and Hospitals

Eleanor Slater non-Medicaid third-party payor account

Hospital Medicare Part D Receipts

RICLAS Group Home Operations

Group Home Facility Improvement Fund

Commission on the Deaf and Hard of Hearing

Emergency and public communication access account

Department of Environmental Management

National heritage revolving fund

Environmental response fund II

Underground storage tanks registration fees

De Coppet Estate Fund

Rhode Island Historical Preservation and Heritage Commission

Historic preservation revolving loan fund

Historic Preservation loan fund  Interest revenue

Department of Public Safety

E-911 Uniform Emergency Telephone System

Forfeited property  Retained

Forfeitures  Federal

Forfeited property  Gambling

Donation  Polygraph and Law Enforcement Training

Rhode Island State Firefighters League Training Account

Fire Academy Training Fees Account

Attorney General

Forfeiture of property

Federal forfeitures

Attorney General multi-state account

Forfeited property  Gambling

Department of Administration

Health Insurance Market Integrity Fund

RI Health Benefits Exchange

Information Technology restricted receipt account

Restore and replacement  Insurance coverage

Convention Center Authority rental payments

Investment Receipts  TANS

OPEB System Restricted Receipt Account

Grants Management Administration

Office of Energy Resources

OER Reconciliation Funding

RGGI Executive Climate Change Coordinating Council Projects

Electric Vehicle Charging Stations Operating and Maintenance Account

Clean Transportation Programs

Department of Housing

Housing Resources and Homelessness Restricted Receipt Account

Housing Production Fund

Low-Income Housing Tax Credit Fund

Department of Revenue

Car Rental Tax/Surcharge-Warwick Share

DMV Modernization Project

Jobs Tax Credit Redemption Fund

Legislature

Audit of federal assisted programs

Department of Children, Youth and Families

Childrens Trust Accounts  SSI

Military Staff

RI Military Family Relief Fund

RI National Guard Counterdrug Program

Treasury

Admin. Expenses  State Retirement System

Retirement  Treasury Investment Options

Defined Contribution  Administration - RR

Violent Crimes Compensation  Refunds

Treasury Research Fellowship

Business Regulation

Banking Division Reimbursement Account

Office of the Health Insurance Commissioner Reimbursement Account

Securities Division Reimbursement Account

Commercial Licensing and Racing and Athletics Division Reimbursement Account

Insurance Division Reimbursement Account

Historic Preservation Tax Credit Account

Rhode Island Cannabis Control Commission

Marijuana Trust Fund

Social Equity Assistance Fund

Judiciary

Arbitration Fund Restricted Receipt Account

Third-Party Grants

RI Judiciary Technology Surcharge Account

Department of Elementary and Secondary Education

Statewide Student Transportation Services Account

School for the Deaf Fee-for-Service Account

School for the Deaf  School Breakfast and Lunch Program

Davies Career and Technical School Local Education Aid Account

Davies  National School Breakfast & Lunch Program

School Construction Services

Office of the Postsecondary Commissioner

Tuition Savings Program Fund

Higher Education and Industry Center

IGT STEM Scholarships

Department of Labor and Training

Job Development Fund

Contractor Training Restricted Receipt Account

Workers Compensation Administrative Account

Rhode Island Council on the Arts

Governors Portrait Donation Fund

Statewide records management system account
R.I. Gen. Laws § 35-4-21.1 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-21.1
§ 35-4-21.1. Medical debt relief program.
Status: in_force

(a) There is hereby established a medical debt relief program to be administered by the general treasurer who has the authority to enter into a contract for the purchase, cancellation, and forgiveness of medical debts upon the following conditions:

(1) That the debt was incurred in order to obtain medical services, products, and/or devices;

(2) That the debts are in collection or have been sold or assigned by the original provider; and

(3) That the debt is owed by a citizen of the state whose federal adjusted gross income is four hundred percent (400%) or less than the federal poverty line or whose debt is more than five percent (5%) of the citizens adjusted gross income as measured by the prior tax return or the estimated return in the current year.

(b) Any citizen of this state whose debt is discharged, cancelled, or forgiven under this section shall be provided notice of the cancellation of the debt, but shall not have the amount cancelled included in the computation of taxable income for the purpose of state income taxes.

(c) For the purposes of this section, the definition of medical debts shall be liberally construed so as to not reduce the types of debt that may be subject to cancellation so long as they arise from medical transport, evaluation, diagnosis, treatment, and/or rehabilitation.

(d) The general treasurer shall provide quarterly updates on the program to the chairpersons of the house and senate committees on finance beginning January 1, 2025.

(e) The general treasurer may promulgate regulations as necessary to effectuate the provisions of this section.
R.I. Gen. Laws § 35-5-2 — RI Code / Title 35 / Chapter 35-5 / Section 35-5-2
§ 35-5-2. Disbursing officers  Bonds.
Status: in_force

Any state department or agency, with the approval of the director, may appoint one or more disbursing officers who shall have the custody and full charge of, and be responsible for the proper disposition of, funds. Every disbursing officer so appointed shall furnish bonds running to the state for such a sum and with such sureties as may be approved by the general treasurer, and all bonds shall be deposited with the general treasurer.
R.I. Gen. Laws § 35-4-11 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-11
§ 35-4-11. Intermodal surface transportation fund.
Status: in_force

State funds, whether appropriations or bond funds, allotted for department of transportation purposes, upon initiation by the budget officer and approved by the director of administration, may be transferred to a special fund called the intermodal surface transportation fund and shall be expended for the specific purposes for which they were made available. All sums received from the federal government for expenditure by the state for highway purposes shall be turned over to the general treasurer and placed in the fund for the specific purpose designated by the United States government. The fund shall be administered by the director of transportation, subject to the same state laws and fiscal procedures as the general funds of the state; and the state controller is hereby authorized and directed to draw his or her orders upon the general treasurer for the payment out of the fund of such sums as may be required, from time to time, upon receipt by him or her of duly authenticated vouchers.
R.I. Gen. Laws § 35-16-4 — RI Code / Title 35 / Chapter 35-16 / Section 35-16-4
§ 35-16-4. Impact meetings.
Status: in_force

(a) The revenue estimating conference principals, along with the appropriate participants, will meet from time to time to compare current fiscal statistics with the most recent financial projection as required by § 35-3-1(a)(6). Any principal can call an impact meeting at any time.

(b) Following each legislative session, the principals, along with the appropriate participants, shall meet and review all changes in tax legislation and shall amend the official recommendations of the revenue estimating conference accordingly.
R.I. Gen. Laws § 35-20-4 — RI Code / Title 35 / Chapter 35-20 / Section 35-20-4
§ 35-20-4. Internal accounting controls.
Status: in_force

(a) Internal accounting and administrative controls are the methods through which reasonable assurances can be given that measures adopted by public corporations to safeguard assets, check the accuracy and reliability of accounting data, promote operational efficiency, and encourage adherence to prescribed managerial policies are being followed. The elements of a satisfactory system of internal accounting and administrative control, shall include, but are not limited to, the following:

(1) A plan of organization that provides segregation of duties appropriate for proper safeguarding of public corporation assets.

(2) A plan that limits access to public corporation assets to authorized personnel who require these assets in the performance of their assigned duties.

(3) A system of authorization and recordkeeping procedures adequate to provide effective accounting control over assets, liabilities, revenues, and expenditures.

(4) An established system of practices to be followed in performance of duties and functions in each of the public corporations.

(5) Personnel of a quality commensurate with their responsibilities.

(6) An effective system of internal review.

(b) Public corporations shall follow these standards of internal accounting and administrative control in carrying out the requirements of this chapter.
R.I. Gen. Laws § 35-8-2 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-2
§ 35-8-2. Destruction of bonds and certificates unsold or repurchased by state  Certificate.
Status: in_force

(a) All bonds, coupons, and certificates of indebtedness which have or shall become the property of the state, except those held by the sinking fund commission, and all bonds, coupons, and certificates of indebtedness which have been issued by the state but which have not been sold during a period of five (5) years after the issuance of the bonds, coupons, and certificates of indebtedness, shall, within a reasonable time after the five-year period, be destroyed by the general treasurer by burning the bonds and certificates, in the presence of the secretary of state, the director of administration, and the attorney general, who shall make, sign, and deliver to the general treasurer a certificate containing the number, date of issue, and denomination of each bond, and of each coupon and certificate of indebtedness so destroyed, and of the time when destroyed, which certificate shall be, by the general treasurer, with his or her next report, transmitted to the general assembly.

(b) At his or her discretion, the general treasurer may authorize the banks acting as fiscal agents of the state for these bonds and certificates of indebtedness to destroy the bonds, coupons, and certificates of indebtedness paid by them and submit to the general treasurer a notarized certificate of destruction in place of the paid bonds, coupons, and certificate of indebtedness, listing in numerical order the bond issue, bond and/or coupon number, date of issue, and denominations of each bond and of each coupon and certificate of indebtedness so destroyed and the time when destroyed. The destruction certificate, to be provided by the general treasurer, shall be submitted by the fiscal agents in regular intervals each month, together with a certification of the balance of the funds remaining in each bond account for the indebtedness matured and not presented for payment. The general treasurer and the state shall not be held liable for any bond, coupon, or certificate of indebtedness certified as reported destroyed by any bank acting as fiscal agents of the state.
R.I. Gen. Laws § 35-6-37 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-37
§ 35-6-37. Financial statements required from state departments, agencies, and instrumentalities.
Status: in_force

The department of administration, from time to time, as it deems expedient or necessary, may require statements of financial condition and operations from the several state departments, agencies, and public authorities or corporations in such form and in such detail as it shall prescribe. The several state departments, agencies, and public authorities and corporations shall submit, as required by the state controller, a copy of audited financial statements for the most recent completed fiscal year to the state controller no later than ninety (90) days after the close of the states fiscal year (June 30th). A waiver from this year-end schedule may be granted upon approval by the director of administration and the auditor general.
R.I. Gen. Laws § 35-23-5 — RI Code / Title 35 / Chapter 35-23 / Section 35-23-5
§ 35-23-5. Payroll deduction.
Status: in_force

The RISavers retirement savings program shall include, as determined by the office of the general treasurer, one or more payroll deduction IRA arrangements.
R.I. Gen. Laws § 35-2-3 — RI Code / Title 35 / Chapter 35-2 / Section 35-2-3
§ 35-2-3. Town of North Providence fiscal year.
Status: in_force

(a) Notwithstanding the provisions of § 35-2-2, the budget commission of the town of North Providence, by vote at a meeting of the commission, is authorized to modify the fiscal year for a town over a four-year period, as follows:

(1) Establishing a fiscal year from March 1 to March 31 of the following calendar year;

(2) The succeeding fiscal year to be from April 1 to April 30 of the following calendar year;

(3) The succeeding fiscal year to be May 1 to May 31 of the following calendar year;

(4) The succeeding fiscal year to be from June 1 to June 30 of the following calendar year;

(5) Thereafter the fiscal years to be July 1 to June 30 of the following calendar years.

(b) In the event that the budget commission of the town of North Providence votes to modify the fiscal year as provided in this section, the commission shall ordain the dates upon which taxes shall be due and payable. The commission shall also determine by resolution the installments in which taxes may be paid, the dates on which penalties for nonpayment shall apply, and the rate of the penalties.
R.I. Gen. Laws § 35-13-15 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-15
§ 35-13-15. Severability.
Status: in_force

If any provision or the application of any provision of this chapter shall be invalid, this shall not affect the validity of other provisions or other applications, it hereby being declared that the provisions or the applications of this chapter are separable and this chapter would have been enacted with the invalid provision omitted or without the invalid application in any event.
R.I. Gen. Laws § 35-24-4 — RI Code / Title 35 / Chapter 35-24 / Section 35-24-4
§ 35-24-4. Investment of funds in the trust.
Status: in_force

Notwithstanding the provisions of §§ 35-10-12  35-10-14, inclusive, the general treasurer shall invest the amounts on deposit in the trust in a manner reasonable and appropriate to achieve the objectives of the trust, exercising the discretion and care of a prudent person in similar circumstances with similar objectives. The general treasurer shall give due consideration to rate of return, risk, term or maturity, diversification of the portfolio within the trust, liquidity, the projected disbursements of the total portfolio within the trust, liquidity, the projected disbursements and expenditures and the expected payments, deposits, contributions, and gifts to be received. The general treasurer shall not require the trust to invest directly in obligations of the state or any political subdivision of the state or in any investment or other fund administered by the general treasurer. The assets of the trust shall be continuously invested and reinvested in a manner consistent with the objectives of the trust until disbursed for eligible expenditures as defined by this chapter or expended on expenses incurred by the operations of the trust.
R.I. Gen. Laws § 35-23-11 — RI Code / Title 35 / Chapter 35-23 / Section 35-23-11
§ 35-23-11. State immunity.
Status: in_force

The state shall not have any liability for the payment of the retirement savings benefit earned by program participants pursuant to this chapter. The state, and any of the funds of the state, shall have no obligation for payment of the benefits arising from this chapter.
R.I. Gen. Laws § 35-13-13 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-13
§ 35-13-13. Construction.
Status: in_force

This chapter shall be construed in conjunction with the Uniform Commercial Code, title 6A, and the principles of contract law relative to the registration and transfer of obligations.
R.I. Gen. Laws § 35-6-31 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-31
§ 35-6-31. Accounting for court fines and forfeitures.
Status: in_force

Deputy sheriffs, jailers, and other persons, including clerks of courts, receiving fines, penalties, and forfeitures accruing, imposed by the court or belonging to the state, or costs due or payable to the court and/or into the state treasury, shall account daily, with the supreme court director of finance, in accordance with § 8-15-9, for the fines, penalties, forfeitures, and costs.
R.I. Gen. Laws § 35-14-4 — RI Code / Title 35 / Chapter 35-14 / Section 35-14-4
§ 35-14-4. Internal accounting controls.
Status: in_force

(a) Internal accounting and administrative controls are the methods through which reasonable assurances can be given that measures adopted by state agency heads to safeguard assets, check the accuracy and reliability of accounting data, promote operational efficiency, and encourage adherence to prescribed managerial policies are being followed. The elements of a satisfactory system of internal accounting and administrative control shall include, but are not limited to, the following:

(1) A plan of organization that provides segregation of duties appropriate for proper safeguarding of state agency assets;

(2) A plan that limits access to state agency assets to authorized personnel who require these assets in the performance of their assigned duties;

(3) A system of authorization and recordkeeping procedures adequate to provide effective accounting control over assets, liabilities, revenues, and expenditures;

(4) An established system of practices to be followed in performance of duties and functions in each of the state agencies;

(5) Personnel of a quality commensurate with their responsibilities; and

(6) An effective system of internal review.

(b) State agency heads shall follow these standards of internal accounting and administrative control in carrying out the requirements of this chapter.
R.I. Gen. Laws § 35-12-14 — RI Code / Title 35 / Chapter 35-12 / Section 35-12-14
§ 35-12-14. Credit of the state.
Status: in_force

Obligations issued under the provisions of this chapter shall not constitute a debt, liability, or obligation of the state or of any political subdivision thereof other than the corporation, or a pledge of the faith and credit of the state or any political subdivision other than the corporation, but shall be payable solely from the revenues or assets of the corporation. Each obligation issued under this chapter shall contain on the face thereof a statement to the effect that the corporation shall not be obligated to pay the obligation or interest thereon except from revenues or assets pledged therefor, and that neither the faith and credit nor the taxing power of the state or any political subdivision thereof other than the corporation is pledged to the payment of the principal of or the interest on the obligation.
R.I. Gen. Laws § 35-8-17 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-17
§ 35-8-17. Replacement or repair of damaged bonds or notes.
Status: in_force

Whenever the board is satisfied that any instrument or printed or written paper presented to it is in fact a valid bond or note of the state but it is so damaged that its condition is such as to hinder or prevent the owner or holder thereof from making good delivery of the bond or note, the board may, upon payment to it by the owner or holder thereof of such a sum as it deems necessary to cover the actual expense involved, cause the damage to be repaired or remedied by requiring the proper officers of the state to sign the bond or note in place of their damaged or destroyed signatures or those of their predecessors in office, to issue a duplicate bond or note, or to do whatever else the board may require of them to repair or remedy the damage. But no duplicate bond or note shall be so issued except upon the surrender of the original bond or note, which shall thereupon be cancelled forthwith, and the repaired or duplicate bond or note shall be treated in all respects as a valid obligation of the state. On every repaired or duplicate bond or note the general treasurer shall certify on the back thereof that the bond or note has been repaired or issued under the provisions of this section and the certification shall be conclusive proof that the bond or note has been repaired or issued in accordance with the requirements of the board and that it is a valid obligation of the state in accordance with its terms.
R.I. Gen. Laws § 35-6-9 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-9
§ 35-6-9. Auditing of vouchers and accounts  Orders on treasurer.
Status: in_force

The state controller is authorized and empowered to draw orders upon the general treasurer upon the receipt of duly authenticated vouchers covering all expenditures of the state government. The state controller shall audit all vouchers before payment, shall audit all official accounts, and shall audit the accrual and collection of all revenues and receipts, and prescribe such methods of accounting as are necessary for the performance of these duties. The state controller shall establish methods of approving vouchers so that the vouchers shall be duly authenticated.
R.I. Gen. Laws § 35-4-25 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-25
§ 35-4-25. Funds attributable to agency business operations.
Status: in_force

State agencies which operate business-like enterprises at the state institutions shall maintain the funds attributable to these operations in accounts within the general fund. All funds received by the department of corrections, the department of behavioral healthcare, developmental disabilities and hospitals, and the department of children, youth, and families from these operations shall be deposited as general revenues. The agency shall, through the annual budget process, report to the general assembly the estimated amount for the next fiscal year, together with the intended use of the funds. Nothing contained in this section, however, shall conflict with the powers and duties granted the board of governors for higher education and the board of regents for elementary and secondary education in chapters 59 and 60 of title 16.
R.I. Gen. Laws § 35-6-8 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-8
§ 35-6-8. Orders for payment drawn by controller  Presentation of vouchers.
Status: in_force

All orders for the payment of money out of the general treasury shall be drawn by the state controller. All officers authorized to draw orders upon the general treasurer shall present the orders, together with vouchers supporting the orders, to the state controller, who shall retain the orders, so drawn, as permanent records of his or her office.
R.I. Gen. Laws § 35-8-10 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-10
§ 35-8-10. Expenses of sinking fund commission members.
Status: in_force

The actual expenses of the members of the sinking fund commission, when certified by the secretary and approved by the governor, shall be paid from the state treasury.
R.I. Gen. Laws § 35-13-7 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-7
§ 35-13-7. Seal.
Status: in_force

When a seal is required or permitted in the execution of any certificated registered public obligation, an authorized officer may cause the seal to be printed, engraved, stamped, or otherwise placed in facsimile on the obligation. The facsimile seal has the same legal effect as the impression of the seal.
R.I. Gen. Laws § 35-6-43 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-43
§ 35-6-43. Liberal construction.
Status: in_force

The provisions of this chapter shall be liberally interpreted and construed, in order to accomplish the purposes hereof as declared herein, and in order to accomplish the purposes of relevant provisions of title 42.
R.I. Gen. Laws § 35-3-19 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-19
§ 35-3-19. Availability of funds on failure of general assembly to pass appropriation bill.
Status: in_force

In an emergency caused by a failure of the general assembly to pass the annual appropriation bill, the same amounts appropriated in the previous fiscal year shall be available for each department and division thereof, subject to monthly or quarterly allotments, in accordance with seasonal requirements, as determined by the budget officer; provided, that expenditures for payment of bonded indebtedness of the state and interest thereon shall be in such amounts as may be required, regardless of whether or not an annual appropriation bill is passed by the general assembly.
R.I. Gen. Laws § 35-6-23 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-23
§ 35-6-23. Payment of costs of witnesses in criminal cases.
Status: in_force

Whenever any witness shall have been discharged from further attendance at the superior court at a session in any case, in pursuance of any summons issued in behalf of the state, the deputy sheriff shall forthwith obtain the proper certificate of the travel and attendance of the witness in one of the books, shall pay him or her the amount so certified to be due, from the funds provided for, shall cause the witness to receipt therefor in the book, all under the proper title of the case in which the witness shall be summoned, and, under a division of the certificates, shall indicate whether the witness was summoned before a grand jury or a petit jury. The deputy sheriff shall likewise pay all fees due officers, other than him or herself, for serving criminal process issued by the court in behalf of the state at a session, and, after obtaining proper certificates and receipts therefor, record in a book, under the proper title of the case and division thereof to which the fees apply, the items of the fees and the amount received.
R.I. Gen. Laws § 35-23-7 — RI Code / Title 35 / Chapter 35-23 / Section 35-23-7
§ 35-23-7. Additional authority of the office of the general treasurer.
Status: in_force

In addition to the powers and authority granted to the office of the general treasurer pursuant to § 35-23-6, the office of the general treasurer shall have the power and authority to do the following:

(1) Cause the retirement savings program or arrangements established under the program to be designed, established, and operated in a manner consistent with all of the following:

(i) In accordance with best practices for retirement savings vehicles;

(ii) To encourage participation, saving, and sound investment practices; and

(iii) With simplicity, ease of administration for participating employers, and portability of benefits;

(2) Disseminate educational information designed to educate participants about the benefits of planning and saving for retirement and information to help them decide the level of RISavers retirement savings program participation and savings strategies that may be appropriate for them;

(3) Disseminate information concerning state and federal tax credits available to small business owners for allowing their employees to participate in the program, and any relevant state or federal tax credits available for participating employees;

(4) Submit progress and status reports to participating employees;

(5) If necessary, determine the eligibility of an employer, employee, or other individual to participate in the program;

(6) Evaluate and establish the process by which an eligible employee of an eligible or optional employer is able to contribute a portion of their salary or wages to the program for automatic deposit of those contributions and the participating employer provides a payroll deposit retirement savings arrangement to forward the employee contribution and related information to the program or its agents. This evaluation and process may include, but is not limited to, financial services companies and third-party administrators with the capability to receive and process employee information and contributions for payroll deposit retirement savings arrangements or other arrangements authorized by this chapter;

(7) Design and establish the process for the enrollment of program participants;

(8) Allow participating employers to use the program to remit employees contributions to their IRAs on their employees behalf; and

(9) Evaluate and establish the process by which an employee of an optional employer may enroll in and make contributions to the program.
R.I. Gen. Laws § 35-4-8 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-8
§ 35-4-8. Checks for payments from treasury.
Status: in_force

All payments from the state treasury shall be made by checks issued by the general treasurer, and each check shall bear an identification number or letter, or a combination of numbers or letters, and the general treasurer shall keep as a part of the records of his or her office the date of the issuance of each check drawn, the identification number or letter, the amount of the check, the payee to whom it is issued, and the appropriation to which the amount of the check is charged.
R.I. Gen. Laws § 35-24-5 — RI Code / Title 35 / Chapter 35-24 / Section 35-24-5
§ 35-24-5. Exemption from taxation.
Status: in_force

(a) The property of the trust and the earnings on the trust shall be exempt from all taxation by the state and all political subdivisions of the state. Distributions made pursuant to § 35-24-7 shall be considered income subject to taxation in accordance with chapter 30 of title 44 and shall be subject to federal and state withholdings.

(b) The tax administrator may adopt rules and regulations necessary to monitor, implement, and administer the Rhode Island personal income tax provisions referred to in subsection (a) of this section.
R.I. Gen. Laws § 35-16-3 — RI Code / Title 35 / Chapter 35-16 / Section 35-16-3
§ 35-16-3. Additional meetings.
Status: in_force

(a) Any time during a fiscal year that any principal feels that the recommendations of the revenue estimating conference are no longer valid, then that principal, with appropriate notice, may convene a revenue estimating conference. The principal requesting the additional conference shall be the chairperson for that conference.

(b) If at any time during a fiscal year any participant feels that the recommendations of the revenue estimating conference are no longer valid with respect to their revenue sources then that participant has a duty to and shall notify each of the principals.
R.I. Gen. Laws § 35-8-5 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-5
§ 35-8-5. Officers of sinking fund commission.
Status: in_force

The governor shall be the chairperson, the general treasurer shall be the vice-chairperson, and the director of administration shall be the secretary of the sinking fund commission, and the general treasurer shall keep the accounts of the commission. In the event of the governors absence, the general treasurer shall be the chairperson. A designee of any member shall not serve as chairperson. The commission shall elect from among its own members such officers as they deem necessary.
R.I. Gen. Laws § 35-13-9 — RI Code / Title 35 / Chapter 35-13 / Section 35-13-9
§ 35-13-9. Costs  Collection.
Status: in_force

(a) An issuer, prior to or at original issuance of registered public obligations, may provide as a part of a system of registration that the transferor or transferee of the registered public obligations pay all or a designated part of the costs of the system as a condition precedent to transfer, that costs be paid out of proceeds of the registered public obligations, or that both methods be used. The portion of the costs of the system not provided to be paid for by the transferor or transferee or out of proceeds shall be the liability of the issuer.

(b) The issuer may as a part of a system of registration provide for reimbursement or for satisfaction of its liability by payment by others. The issuer may enter into agreements with others respecting reimbursement or payment, may establish fees and charges pursuant to these agreements or otherwise, and may provide that the amount or estimated amount of the fees and charges shall be reimbursed or paid from the same sources and by means of the same collection and enforcement procedures and with the same priority and effect as with respect to the obligations.
R.I. Gen. Laws § 35-8-8 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-8
§ 35-8-8. Safekeeping of securities and records of sinking fund commission.
Status: in_force

The sinking fund commission shall make provision for the safekeeping of its securities, and it may hire and pay for a place of security. The records and books of account of the commission shall be deposited in the vault in the office of the general treasurer.
R.I. Gen. Laws § 35-8-1 — RI Code / Title 35 / Chapter 35-8 / Section 35-8-1
§ 35-8-1. Certificates of indebtedness issued for coupon bonds surrendered  Transfer.
Status: in_force

(a) Whenever the holder of any coupon bond of this state shall surrender the bond, with the unpaid coupons belonging thereto, to the general treasurer, and shall request that he or she issue a certificate of that surrender, the general treasurer shall make an entry of the surrender in a book, to be by him or her kept for that purpose, and he or she shall issue a certificate thereof to the person surrendering the bond, countersigned by the secretary of state, who shall affix thereto the seal of the state, which certificate shall be duly recorded, and shall entitle the person receiving the certificate to receive the amount mentioned in the surrendered bond, and the interest thereon, at the times and places in the surrendered bond set forth.

(b) The certificate shall not be transferable except by order of the holder thereof, or of his or her personal representative, made thereon, with notice to the general treasurer of the assignment. Upon the receipt of notice of the assignment, the general treasurer shall enter a memorandum thereof upon the record of the certificate. Whenever a certificate of indebtedness issued in accordance with these provisions is transferred, the general treasurer shall, on application of the person to whom the certificate is so transferred, cancel the certificate, and thereupon issue to the person a new certificate, countersigned and sealed, for the amount of principal then due on the certificate so cancelled.
R.I. Gen. Laws § 35-18-1 — RI Code / Title 35 / Chapter 35-18 / Section 35-18-1
§ 35-18-1. Short title.
Status: in_force

This chapter shall be known as the Rhode Island Public Corporation Debt Management Act.
R.I. Gen. Laws § 35-10-8 — RI Code / Title 35 / Chapter 35-10 / Section 35-10-8
§ 35-10-8. Rules and regulations.
Status: in_force

The commission is authorized and empowered to adopt and prescribe rules of procedure and regulations, and from time to time amend, change, and eliminate such rules and regulations as it may deem necessary to the proper administration of this chapter and the performance of its duties, by filing written notice thereof in the office of the secretary of state; and may in any particular case prescribe a variation in the procedure or regulation when it shall deem it necessary, in view of the exigencies of the case and the importance of speedy action, in order to carry out the intent and purpose of this chapter, by filing written notice thereof in the office of the secretary of state. All these filings shall be available for public inspection.
R.I. Gen. Laws § 35-12-7 — RI Code / Title 35 / Chapter 35-12 / Section 35-12-7
§ 35-12-7. Directors and officers.
Status: in_force

(a) The powers of the corporation shall be vested in a board of directors consisting of the following seven (7) members:

(1) Chairperson of the board of governors for higher education;

(2) Commissioner of higher education;

(3) State budget officer;

(4) President of the university;

(5) Vice president for business and finance of the university;

(6) Controller of the university; and

(7) Vice president for academic affairs of the university.

(b) The directors shall receive no compensation for the performance of their duties.

(c) The board of directors shall elect one of its members to serve as chairperson. Four (4) directors shall constitute a quorum and any action to be taken by the corporation under the provisions of this chapter may be authorized by resolution approved by at least four (4) of the directors present and voting at any regular or special meeting at which a quorum is present.

(d) In addition to electing a chairperson, the board of directors shall appoint a secretary and such additional officers as they shall deem appropriate.

(e) Any action taken by the corporation under the provisions of this chapter may be authorized by vote at any regular or special meeting, and the vote shall take effect immediately.

(f) Any action required by this chapter to be taken at a meeting of the board of directors, or any action which may be taken at a meeting of the board of directors, or committee thereof, may be taken without a meeting if a consent in writing, setting forth the action so to be taken, shall be signed before or after that action by all of the directors, or all of the members of the committee, as the case may be.
R.I. Gen. Laws § 35-11-6 — RI Code / Title 35 / Chapter 35-11 / Section 35-11-6
§ 35-11-6. Short title.
Status: in_force

This chapter may be cited as the Uniform Facsimile Signatures of Public Officials Act.
R.I. Gen. Laws § 35-4-24 — RI Code / Title 35 / Chapter 35-4 / Section 35-4-24
§ 35-4-24. Custodial funds received and held in trust by state agencies.
Status: in_force

(a) State agencies which receive funds from wards of the state for the purposes of maintaining these funds in trust while the person is in the care of the state shall deposit these funds in the general fund.

(b) All funds received from patients, wards, inmates, or residents on a custodial or trust basis shall be turned over to the general treasurer and shall be placed in a custodial account within the general fund. The general treasurer will provide the agency with an estimate of earnings on these funds while held in the general fund, and the state controller shall transfer these earnings to the trust account. It will be the responsibility of the agency to determine the allocation of these earnings. The state controller, upon receipt by him or her of properly authenticated vouchers, is authorized to draw from time to time his or her orders upon the general treasurer for payment from these custodial accounts and the general treasurer is authorized and directed to make payments from these accounts upon receipt of the orders.
R.I. Gen. Laws § 35-6-4 — RI Code / Title 35 / Chapter 35-6 / Section 35-6-4
§ 35-6-4. Uniform system of accounting  Enforcing compliance by state departments.
Status: in_force

(a) If any state department or agency fails to install and maintain the uniform system of accounting, or to keep its accounts and interdepartmental records, or refuses or neglects to make the reports and to furnish the information in accordance with the method prescribed by the department of administration, or hinders or prevents the examination of accounts and financial records, or hinders or prevents the visits and inspections provided for in this chapter, the department may make a report to the governor in writing, specifying the nature and extent of the failure, refusal, neglect, hindrance, or prevention, and the governor is hereby authorized and directed to review the matter so reported. If the governor shall find that failure, refusal, neglect, hindrance, or prevention exists and that the state department or agency should properly comply in the matter so reported, the governor shall direct the state department or agency, in writing, to so comply. If the failure, refusal, neglect, hindrance, or prevention shall continue for a period of ten (10) days following the written direction, the governor shall notify the controller that he or she shall not, and the controller shall not, draw any order upon the general treasurer for the payment of the salary of any executive officer of the state department or agency until the prohibition is removed.

(b) Upon compliance with the provisions of this section by any state department or agency which has failed, refused, neglected, hindered, or prevented compliance, the department of administration shall forthwith notify the governor of compliance and the governor shall notify the controller that the prohibition of the payment of salary is removed, and the controller shall thereupon proceed to draw his or her orders on the general treasurer for the salary of the officer in accordance with law.
R.I. Gen. Laws § 35-3-17 — RI Code / Title 35 / Chapter 35-3 / Section 35-3-17
§ 35-3-17. Quarterly and monthly allotments.
Status: in_force

After the annual appropriation bill or bills have been passed by the general assembly and signed by the governor, the budget officer shall determine by quarterly or monthly allotments, in accordance with seasonal requirements, the division of amounts to be expended under each appropriation. The budget officer shall make this initial determination within forty-five (45) calendar days of the signing of the annual appropriations bill by the governor. A copy of the initial determination shall be forwarded to the chairperson of the house finance committee and the chairperson of the senate finance committee. Copies of subsequent determinations shall be forwarded in like manner when made.