reglab/housing_qa huggingface dataset:
RI Gen L § 35-16-1 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-16 - Revenue Estimating Conferences|Section 35-16-1 - Purpose and membership.

§ 35-16-1. Purpose and membership.(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.History of Section.P.L. 1990, ch. 65, art. 49, § 1; P.L. 1990, ch. 407, § 1; P.L. 1998, ch. 31, art. 19, § 1.
RI Gen L § 35-16-2 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-16 - Revenue Estimating Conferences|Section 35-16-2 - Meetings.

§ 35-16-2. Meetings.(a) The principals of the R.E.C. shall meet within the first ten (10) days of May and November of each year.(b) The primary purpose of regularly scheduled conferences is to prepare economic forecasts and forecast revenue estimates and review current revenue collections under current tax law. The conference principals can agree, however, to address special legislation or special topics.(c) Prior to each R.E.C., the principals will determine the documentation and information necessary to support that conference.(d) No votes will be taken in the revenue estimating conferences. These are truly consensus conferences and all principals must agree and are bound to the conference recommendations.History of Section.P.L. 1990, ch. 65, art. 49, § 1; P.L. 1990, ch. 407, § 1; P.L. 1992, ch. 133, art. 60, § 1; P.L. 1995, ch. 370, art. 43, § 1; P.L. 1997, ch. 30, art. 1, § 12; P.L. 1998, ch. 31, art. 19, § 1.
RI Gen L § 35-16-3 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-16 - Revenue Estimating Conferences|Section 35-16-3 - Additional meetings.

§ 35-16-3. Additional meetings.(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.History of Section.P.L. 1990, ch. 65, art. 49, § 1; P.L. 1990, ch. 407, § 1; P.L. 1998, ch. 31, art. 19, § 1.
RI Gen L § 35-16-4 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-16 - Revenue Estimating Conferences|Section 35-16-4 - Impact meetings.

§ 35-16-4. Impact meetings.(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.History of Section.P.L. 1990, ch. 65, art. 49, § 1; P.L. 1990, ch. 407, § 1; P.L. 2005, ch. 410, § 18.
RI Gen L § 35-16-5 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-16 - Revenue Estimating Conferences|Section 35-16-5 - Staff support for meetings.

§ 35-16-5. Staff support for meetings.(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.History of Section.P.L. 1990, ch. 65, art. 49, § 1; P.L. 1990, ch. 407, § 1; P.L. 1998, ch. 31, art. 19, § 1.
RI Gen L § 35-16-6 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-16 - Revenue Estimating Conferences|Section 35-16-6 - Report of meetings.

§ 35-16-6. Report of meetings.The chairperson will be the sole source of any public announcement of the results from the conference. The final report will be prepared by the chairperson and distributed to conference participants not later than five (5) working days after adjournment. The reports shall contain the following:(1) Tables showing the values of all relevant economic and demographic indicators;(2) A fiscal year breakdown of all general revenue receipts by source; and(3) A comparison of actual revenue collected with the revenue projections upon which the then current budget was based.History of Section.P.L. 1990, ch. 65, art. 49, § 1; P.L. 1990, ch. 407, § 1; P.L. 1992, ch. 133, art. 60, § 1.
RI Gen L § 35-16-7 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-16 - Revenue Estimating Conferences|Section 35-16-7 - Two year budget cycle study.

§ 35-16-7. Two year budget cycle study.The budget office, the house fiscal advisor, and the senate fiscal advisor along with the house and senate fiscal staff and legal counsel shall study the feasibility and benefits of adopting a two (2) year budget cycle, and shall report in writing to the governor, the speaker of the house of representatives, and the president of the senate on or before January 2, 1994. The report shall address not only the benefits, if any, but also any disadvantages and/or legal impediments, constitutional and/or statutory, to adopting such a budget cycle.History of Section.P.L. 1993, ch. 138, art. 86, § 1; P.L. 2001, ch. 180, § 74.
RI Gen L § 35-17-2 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-17 - Medical Assistance and Public Assistance Caseload Estimating Conferences|Section 35-17-2 - Meetings.

§ 35-17-2. Meetings.(a) The principles of the C.E.C. shall meet within the first ten (10) days of May, and November of each year.(b) The primary purpose of regularly scheduled conferences is to forecast medical assistance and public assistance caseloads. The conference principals can agree, however, to address special legislation or special topics.(c) Prior to each caseload estimating conference, the principals will determine the documentation and information necessary to support that conference.(d) No votes will be taken in the caseload estimating conferences. These are truly consensus conferences and all principals must agree and are bound to the conference recommendations.History of Section.P.L. 1991, ch. 44, art. 54, § 1; P.L. 1992, ch. 133, art. 59, § 1; P.L. 1996, ch. 100, art. 20, § 1; P.L. 1997, ch. 30, art. 1, § 13.
RI Gen L § 35-17-3 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-17 - Medical Assistance and Public Assistance Caseload Estimating Conferences|Section 35-17-3 - Additional meetings.

§ 35-17-3. Additional meetings.(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.History of Section.P.L. 1991, ch. 44, art. 54, § 1; P.L. 2021, ch. 162, art. 3, § 6, effective July 6, 2021.
RI Gen L § 35-17-4 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-17 - Medical Assistance and Public Assistance Caseload Estimating Conferences|Section 35-17-4 - Impact meetings.

§ 35-17-4. Impact meetings.(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.History of Section.P.L. 1991, ch. 44, art. 54, § 1.
RI Gen L § 35-17-5 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-17 - Medical Assistance and Public Assistance Caseload Estimating Conferences|Section 35-17-5 - Staff support for meetings.

§ 35-17-5. Staff support for meetings.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.History of Section.P.L. 1991, ch. 44, art. 54, § 1.
RI Gen L § 35-17-6 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-17 - Medical Assistance and Public Assistance Caseload Estimating Conferences|Section 35-17-6 - Report of meetings.

§ 35-17-6. Report of meetings.The chairperson will be the sole source of any public announcement of the results from the conference. The final report will be prepared by the chairperson and distributed to conference participants not later than five (5) working days after adjournment.History of Section.P.L. 1991, ch. 44, art. 54, § 1; P.L. 1992, ch. 133, art. 59, § 1.
RI Gen L § 35-18-1 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-18 - Public Corporation Debt Management|Section 35-18-1 - Short title.

§ 35-18-1. Short title.This chapter shall be known as the "Rhode Island Public Corporation Debt Management Act."History of Section.P.L. 1994, ch. 148, § 1.
RI Gen L § 35-18-5 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-18 - Public Corporation Debt Management|Section 35-18-5 - Existing obligations.

§ 35-18-5. Existing obligations.Nothing in this chapter is intended to interfere with the obligations of the state or any public corporation under any trust agreement, financing lease, or other agreement in effect on, or with respect to any bonds or other obligations outstanding on, January 1, 1995.History of Section.P.L. 1994, ch. 148, § 1.
RI Gen L § 35-20-1 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-20 - Public Corporation Financial Integrity and Accountability|Section 35-20-1 - Short title.

§ 35-20-1. Short title.This chapter shall be known and may be cited as the "Public Corporation Financial Integrity and Accountability Act of 1995."History of Section.P.L. 1995, ch. 86, § 1.
RI Gen L § 35-20-2 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-20 - Public Corporation Financial Integrity and Accountability|Section 35-20-2 - Policy.

§ 35-20-2. Policy.(a) The legislature hereby finds that:(1) Fraud and errors in public and quasi-public programs are more likely to occur from a lack of sufficient internal control structures in the state-authorized public corporations.(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.(5) Reports addressing the adequacy of the internal control structure of each public corporation are necessary to enable the executive branch, the legislature, and the public to evaluate the corporation's performance of its public and quasi-public responsibilities and accountability.(b) The legislature declares that:(1) The management of each public corporation is responsible for establishing and maintaining an adequate internal control structure and policies and procedures for financial reporting.(2) Each public corporation shall perform an assessment and produce a report on the effectiveness of the internal control structure and procedures for financial reporting and, when detected, control weaknesses must be promptly corrected.(3) All levels of management of the public corporation must be involved in assessing and strengthening the systems of internal control structures to minimize fraud, errors, abuse, and waste of public and quasi-public funds.History of Section.P.L. 1995, ch. 86, § 1; P.L. 2015, ch. 165, § 2; P.L. 2015, ch. 196, § 2.
RI Gen L § 35-20-3 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-20 - Public Corporation Financial Integrity and Accountability|Section 35-20-3 - Corporation responsibilities.

§ 35-20-3. Corporation responsibilities.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.History of Section.P.L. 1995, ch. 86, § 1.
RI Gen L § 35-20-4 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-20 - Public Corporation Financial Integrity and Accountability|Section 35-20-4 - Internal accounting controls.

§ 35-20-4. Internal accounting controls.(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.History of Section.P.L. 1995, ch. 86, § 1.
RI Gen L § 35-20-5 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-20 - Public Corporation Financial Integrity and Accountability|Section 35-20-5 - Definitions.

§ 35-20-5. Definitions.As used in this chapter:(1) "Controller" means the state controller of Rhode Island.(2) "Director" means the director of administration.(3) "Governor" means the governor of Rhode Island.(4) "Public corporation" means any body corporate and politic created or to be created pursuant to statute, including, without limitation, the Rhode Island industrial recreational building authority, the Rhode Island economic development corporation and any subsidiaries thereof, the Rhode Island industrial facilities corporation, the Rhode Island refunding bond authority, the Rhode Island health and educational building authority, the board of governors for higher education, the Rhode Island housing and mortgage finance corporation, the Rhode Island resource recovery corporation, the Rhode Island public transit authority, the Rhode Island student loan authority, the water resources board corporate, the Narragansett Bay water quality management district commission, the Rhode Island health and educational building corporation, the Rhode Island depositors economic protection corporation, the Rhode Island convention center authority, the Rhode Island turnpike and bridge authority, their successors and assigns. Cities, towns, and any corporation created by a city or town pursuant to statute, and fire and water districts, are not public corporations under this chapter.History of Section.P.L. 1995, ch. 86, § 1.
RI Gen L § 35-20-6 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-20 - Public Corporation Financial Integrity and Accountability|Section 35-20-6 - Annual report.

§ 35-20-6. Annual report.(a) To ensure that the requirements of this section are fully complied with, each public corporation shall prepare and submit a report on the adequacy of the corporation's systems of internal accounting and administration control by December 31 of each year.(b) The report, including the state agency's response to report recommendations, shall be signed by the chairperson and/or the chief executive officer of the corporation and addressed to the governor. Copies of the reports shall be forwarded to both houses of 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 September 30, 1995, the director, in consultation with the auditor general and the controller, shall establish a system of reporting and a general framework to guide the public corporations 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 systems of internal accounting and administrative control which prevents the chair and/or chief executive officer of the corporation from stating that the systems of internal accounting and administrative control provided reasonable assurance that each of the objectives specified above was achieved shall be identified and the plans and schedule for correcting the inadequacy described in detail.(e) The annual report of each public corporation shall also include financial statements relating to the operation, properties, income, expenditure, assets, and liabilities, including outstanding bonded indebtedness, of the corporation.History of Section.P.L. 1995, ch. 86, § 1.
RI Gen L § 35-20-7 (2021)
2021 Rhode Island General Laws|Title 35 - Public Finance|Chapter 35-20 - Public Corporation Financial Integrity and Accountability|Section 35-20-7 - Subsidiaries prohibited.

§ 35-20-7. Subsidiaries prohibited.(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.History of Section.P.L. 1995, ch. 86, § 1.