reglab/statecodes huggingface dataset:
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-7.11. - Venture capital forum program.

§ 42-64-7.11. Venture capital forum program.
The Rhode Island commerce corporation shall establish a “Rhode Island Venture Capital Forum Program.” To establish the program, the corporation shall organize a statewide system for facilitating venture capital investing. Such system may include, but need not be limited to, the following:
(a)
Identifying and providing information to investors about investment opportunities in new and high-growth business enterprises;
(b)
Identifying and providing information to entrepreneurs and high-growth business enterprises about investors seeking investment opportunities;
(c)
Providing statewide and regional meetings, forums, internet-based information systems, venture capital fairs, and other opportunities for venture capital investors and new and high-growth business enterprises to meet and discuss potential mutual opportunities;
(d)
Cooperating with other service entities in facilitating effectiveness of the program including, but not limited to, financial institutions, attorneys, accountants, investment banking firms, established venture capital funds, institutions of higher education, local and regional development organizations, business development centers, business incubators, and utilities;
(e)
Serving as a clearinghouse and access point for information about venture capital investment opportunities in Rhode Island;
(f)
Serving as the central organization and means of delivering appropriate education and training programs for potential investors and new or high-growth business enterprises;
(g)
Facilitating the formation of private venture capital funds;
(h)
Reviewing annually the current status of venture capital in Rhode Island in conjunction with the full capital continuum needs of businesses in Rhode Island and make such report to the legislature as to the availability of capital for businesses in Rhode Island. The report shall analyze the needs of small and larger businesses in Rhode Island. The corporation shall work in conjunction with any organization formed to provide economic analysis for the state.
History of Section.
P.L. 2003, ch. 431, § 1; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-7.12. - Transfer of functions to the Quonset Development Corporation.

§ 42-64-7.12. Transfer of functions to the Quonset Development Corporation.
(a)
The powers, duties and responsibilities of the Rhode Island economic development corporation for improving, using, managing, selling, conveying, mortgaging, exchanging, transferring or otherwise, disposing real and personal property located in the town of North Kingstown known as the Quonset Point/Davisville industrial park, including, but not limited to, former Navy lands associated with the Quonset Point naval air station and the Davisville naval construction battalion are hereby transferred to the Quonset Development Corporation as may be mutually agreeable to the corporation and the Quonset Development Corporation.
(b)
The powers, duties, and responsibilities of the corporation to improve, operate, manage and regulate utilities associated with Quonset Point/Davisville industrial park are hereby transferred to the Quonset Development Corporation.
(c)
The functions of the Quonset Davisville Management Corporation, established pursuant to § 42-64-7.1(a)(2)(i) are hereby transferred to the Quonset Development Corporation.
History of Section.
P.L. 2004, ch. 351, § 2; P.L. 2004, ch. 360, § 2.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-7.13. - National security infrastructure support fund.

§ 42-64-7.13. National security infrastructure support fund.
The Rhode Island commerce corporation is hereby authorized and empowered to administer the national security infrastructure support fund in accordance with the powers and terms enumerated in chapter 32 of title 30.
History of Section.
P.L. 2005, ch. 360, § 2; P.L. 2005, ch. 383, § 2; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-8.1. - Appropriation and expenses.

§ 42-64-8.1. Appropriation and expenses.
The general assembly shall annually appropriate any sums that it may deem necessary to carry out the provisions of this chapter; and the state controller is authorized and directed to draw his or her orders upon the general treasurer for the payment of that sum, or so much as may be required from time to time, upon receipt by the controller of proper vouchers authenticated.
History of Section.
P.L. 1995, ch. 370, art. 12, § 7.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-8.3. - Transparency requirements established.

§ 42-64-8.3. Transparency requirements established.
The following records deemed public under chapter 38-2 shall be available to the public upon request and posted directly on the website of the corporation:
(1)
Job descriptions of the executive director and management;
(2)
Employment contracts of the executive director and management;
(3)
Quarterly financial statements produced in accordance with § 35-3-17.1;
(4)
Capital improvement plans;
(5)
Operating budgets;
(6)
Strategic plans;
(7)
Agendas and minutes of the open meetings of the board of the corporation and the boards of the corporation’s subsidiaries, provided, however, that this provision shall not apply to the Quonset development corporation, the Rhode Island airport corporation, the I-195 redevelopment district and the East Providence waterfront district;
(8)
Quarterly reporting required by § 42-90-1;
(9)
All regulations of the corporation;
(10)
Enabling legislation;
(11)
Mission statement as required by subdivision 42-64-8.2(a)(4);
(12)
Board members;
(13)
Organizational chart;
(14)
Bylaws of the corporation; and
(15)
All reports and audits required by this chapter.
History of Section.
P.L. 2013, ch. 243, § 5; P.L. 2013, ch. 490, § 5.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-9.1. - Inspection powers.

§ 42-64-9.1. Inspection powers.
(a)
The Rhode Island commerce corporation is authorized to carry out all inspection, surveillance and monitoring procedures necessary to determine, independent of information supplied by any discharger or permit holder compliance or non-compliance by the person with pretreatment requirements prescribed by the corporation.
(b)
The corporation or its duly authorized employees or agents, upon presentation of identification and appropriate credentials, is authorized:
(1)
To enter without delay and at reasonable times, those premises, both public and private, either receiving services from the corporation, or applying for a permit for discharge into the corporation’s wastewater collection and treatment system;
(2)
To examine any and all records kept in accordance with the rules and regulations adopted by the corporation, or required by permit or compliance order or maintained pursuant to § 42-64-7.9;
(3)
To have access to and inspect or test any monitoring or testing equipment or monitoring or testing method, or to sample any effluent or discharge during regular working hours, or at other reasonable times, or at any time a discharge is reasonably believed to present an imminent danger to human health or the environment.
(c)
Any person obstructing, hindering or in any way causing to be obstructed or hindered the corporation or its duly authorized employees or agents in the performance of their duties, or who shall refuse to permit the corporation or its duly authorized employees or agents entrance to or egress from any premises, buildings, plant or equipment or other places belonging to or controlled by the person in the performance of his or her duties shall be subject to the civil and criminal penalties set forth in §§ 42-64-9.2 and 42-64-9.3.
History of Section.
P.L. 1997, ch. 39, § 2; P.L. 1997, ch. 62, § 2; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-9.2. - Civil penalties.

§ 42-64-9.2. Civil penalties.
(a)
Any person who violates the provisions of this chapter or of any permit, rule, regulation, or order issued pursuant thereto, shall be subject to a civil penalty of not more than twenty-five thousand dollars ($25,000) for each day during which the violation occurs.
(b)
The Rhode Island commerce corporation shall, in the same manner as cities and towns are authorized under the provisions of § 45-6-2.3(a)(4) and the Narragansett Bay Commission are authorized under the provisions of § 46-25-25.2(b), obtain actual costs and reasonable attorney’s fees incurred by the corporation in seeking compliance, penalties or damages.
History of Section.
P.L. 1997, ch. 39, § 2; P.L. 1997, ch. 62, § 2; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-9.3. - Criminal penalties.

§ 42-64-9.3. Criminal penalties.
(a)
No person shall knowingly make any false statement, representation, or certification in any application, record, report, plan, or other document filed or required to be maintained under this chapter or by any permit, rule, regulation or order issued under those sections, and no person shall falsify, tamper with or knowingly render inaccurate any monitoring device or method required to be maintained under this chapter or by any permit, rule, regulation or order issued under those sections.
(b)
No person shall discharge into any outlet within the Quonset Point/Davisville Industrial Park any sewage or waste without a permit.
(c)
No person shall construct or maintain any privy, privy vault, septic tank cesspool, dry well or other facility intended or used for the disposal of sewage wastes or other pollutants within the Quonset Point/Davisville Industrial Park.
(d)
No person shall maliciously, willfully or negligently breach, damage, destroy, uncover, deface, or tamper with any structure, appurtenance, or equipment, or dump garbage, refuse, or other material into any drain, storm sewer or other part of the wastewater collection or treatment system or on any property within the Quonset Point/Davisville Industrial Park.
(e)
No person shall uncover, make any connection with, or opening into, use, alter, or disturb any interceptor or appurtenance of this interceptor, without first obtaining written permission from the corporation.
(f)
No person shall discharge or cause to be discharged any unpolluted waters such as storm water, groundwater, roof runoff, subsurface drainage, uncontaminated cooling water or unpolluted industrial process waters to the corporation’s wastewater treatment facility.
(g)
Any person who is found guilty of violating willfully or with criminal negligence any of the provisions of this chapter or of any permit, rule or regulation issued pursuant to this chapter, or an order of the corporation shall be punished by a fine of not more than twenty-five thousand dollars ($25,000) or by imprisonment for not more than thirty (30) days, or by both fine and imprisonment; and every person shall be deemed guilty of a separate and distinct offense for each day during which the violation shall be repeated or continued. Further, the person shall be liable for all damages directly related to the violation, including additional costs of handling and treatment of any prohibited wastes, and shall reimburse the corporation for actual enforcement costs incurred by the corporation including reasonable attorney’s fees and administrative costs.
History of Section.
P.L. 1997, ch. 39, § 2; P.L. 1997, ch. 62, § 2.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-9.4. - Procedures for enforcement.

§ 42-64-9.4. Procedures for enforcement.
(a)
The Rhode Island commerce corporation shall have authority to seek legal or equitable relief in the federal court or in the superior court of Providence county to enforce the requirements of §§ 307(b) and (c); 402(b)(8) and other applicable sections of the Federal Water Pollution Control Act [33 U.S.C. § 1251 et seq.] and any regulations implementing those sections or authorized by this chapter. Whenever, on the basis of any information available to the corporation, the corporation has reasonable grounds to believe that a person has violated any provision of this chapter or of any permit, rule, regulation or order issued pursuant to this chapter the corporation may institute administrative, civil or criminal proceedings in the name of the Rhode Island commerce corporation. The corporation shall not be required to enter into any recognizance or give surety for costs prior to instituting this proceeding. The corporation has the authority to order any person who violates any provision of this chapter or of any permit, rule, regulation or order issued pursuant to this chapter to cease and desist the violation or to remedy the violation and to impose administrative penalties. The corporation may impose administrative penalties only in accordance with the notice and hearing provisions of chapter 35 of this title, this chapter and as set forth in the corporation’s rules and regulations.
(b)
The superior court for Providence county shall have jurisdiction to enforce the provisions of this chapter and any rule, regulation, permit or administrative order issued pursuant to this chapter. Proceedings for enforcement may be instituted and prosecuted in the name of the corporation. In any proceeding on which injunctive relief is sought, it shall not be necessary for the corporation to establish that without the relief the injury, which will result will be irreparable or that the remedy at law is inadequate. Proceedings provided in this section shall be in addition to, and may be utilized in lieu of, other administrative or judicial proceedings authorized by this chapter.
History of Section.
P.L. 1997, ch. 39, § 2; P.L. 1997, ch. 62, § 2; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-9.5. - Hearings.

§ 42-64-9.5. Hearings.
At all hearings held under the provisions of this chapter, the Rhode Island commerce corporation and its members shall have the right to administer oaths. All persons testifying at the hearings shall do so under oath and under penalty of perjury. The corporation shall have the right to issue subpoenas to compel the appearance of witnesses and/or the production of any books, records, or other documents. Any person may be represented by counsel at the hearing. The corporation may adjourn the hearings from time to time whenever the adjournment shall in its opinion, be necessary or desirable. The testimony adduced at the hearing shall be transcribed by a stenographer.
History of Section.
P.L. 1997, ch. 39, § 2; P.L. 1997, ch. 62, § 2; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-9.6. - Notice of decisions.

§ 42-64-9.6. Notice of decisions.
Within a reasonable time following the conclusion of the hearing, the Rhode Island commerce corporation shall render its decision and findings and shall give notice by publication in some newspaper of general circulation published in Rhode Island and distributed in Washington and Providence counties and by mailing a copy by registered or certified mail to each person who shall have registered with the corporation with his or her name and address with a request for specific notification of the results of the hearing.
History of Section.
P.L. 1997, ch. 39, § 2; P.L. 1997, ch. 62, § 2; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-9.7. - Notice of hearing on orders.

§ 42-64-9.7. Notice of hearing on orders.
Before adopting or entering any order applicable to any one or more specific persons, the Rhode Island commerce corporation shall give to each of the persons, by registered or certified mail, twenty (20) days’ notice of the time and place of the hearing to be afforded to each of the persons if he, she or it desires the hearing. The notice shall state the date, time and location of the hearing.
History of Section.
P.L. 1997, ch. 39, § 2; P.L. 1997, ch. 62, § 2; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-9.8. - Procedure for hearings on orders.

§ 42-64-9.8. Procedure for hearings on orders.
The provisions of §§ 42-64-9.5—42-64-9.7 relative to hearings and judicial review shall be applicable to all hearings and decisions held pursuant to this chapter.
History of Section.
P.L. 1997, ch. 39, § 2; P.L. 1997, ch. 62, § 2.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-9.9. - Public access to information.

§ 42-64-9.9. Public access to information.
Any permit, permit application or effluent data shall be available to the public for inspection and copying in accordance with chapter 38-2 (“Access to Public Records”). Confidential or privileged materials may be disclosed or transmitted to other officers, employees or agents of the corporation.
History of Section.
P.L. 1997, ch. 39, § 2; P.L. 1997, ch. 62, § 2; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-9.10. - Rules and regulations — Notice of rule review.

§ 42-64-9.10. Rules and regulations — Notice of rule review.
The Rhode Island commerce corporation may adopt rules and regulations or any amendments to rules and regulations according to the provisions of chapter 35 of title 42. The corporation shall also give notice of these rules and regulations or any amendments, prior to their effective date, by sending, by registered or certified mail, copies to each person interested in these rules, regulations or any amendments who shall have registered with the corporation his or her name and address, with a request to be notified. Review of the rules and regulations may be had as provided in chapter 35 of title 42.
History of Section.
P.L. 1997, ch. 39, § 2; P.L. 1997, ch. 62, § 2; P.L. 1998, ch. 441, § 31; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-11. - Disposition of projects.

§ 42-64-11. Disposition of projects.
(a)
Notwithstanding the provisions of any other law, the Rhode Island commerce corporation may sell or lease to any person, firm, partnership, or corporation, or to any local redevelopment agency, or to any state or federal agency or instrumentality, or to any municipality or political subdivision of the state empowered to enter into the sale or lease, any project without public bidding or public sale, for consideration and upon terms as may be agreed upon between the corporation and the purchaser or lessee; provided that in the case of a lease, the term shall not exceed ninety-nine (99) years. The sale or lease or agreement may be consummated as entered into prior to, at the date of, or subsequent to the acquisition of completion of the project. Where a contract of sale or lease is entered into prior to the completion of construction of the project to be conveyed or leased, the corporation may complete the project prior or subsequent to the consummation of the sale or lease.
(b)
In connection with the corporation’s disposition by sale, lease, or otherwise of any of its projects, the corporation is authorized to require that the party acquiring the project, or any interest therein or any right to use or occupy the project, may not sell, assign, convey, lease, sublease, or otherwise dispose of, in whole or in part, its interest in the project or its right to use and occupy the project without the approval, in writing, of the corporation. The corporation may not unreasonably withhold that approval; and shall state the reason or reasons upon which that withholding of approval is based. In determining whether to grant or withhold that approval, the corporation shall consider whether the proposed disposition will further the purposes of this chapter and may consider any and all other relevant factors as well.
(c)
The provisions of subsection (b) shall not be deemed to limit in any manner the corporation’s authority in connection with the disposition by sale, lease, or otherwise of any of its projects or to impose those terms and conditions permitted by law with respect to those dispositions as it shall determine to be desirable.
(d)
The corporation shall dispose, by sale, lease, transfer or other agreement, of projects on or related to former Navy lands in the town of North Kingstown through the Quonset Development Corporation as provided for in chapter 64.10 of this title and may dispose, by sale, lease, transfer or other agreement, of other projects related to land and real estate development, regardless of location in Rhode Island, through the Quonset Development Corporation as may be mutually agreeable to the corporation and the Quonset Development Corporation.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 2004, ch. 351, § 1; P.L. 2004, ch. 360, § 1; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-12. - Community advisory committees.

§ 42-64-12. Community advisory committees.
(a)
The Rhode Island commerce corporation may establish one or more local or regional community advisory committees to consider and advise the corporation upon matters submitted to them by the corporation concerning the development of any area or any project, and may establish rules and regulations with respect to those committees. The community advisory committees shall include, as members ex officio, the mayors of the cities and the presidents of the town councils of the cities and towns, respectively, situated in the area with respect to which the community advisory committees are established. Those members shall serve at the pleasure of the corporation and without salary, but shall be entitled to reimbursement for their actual and necessary expenses incurred in the performance of their duties.
(b)
The corporation may purchase from, sell to, borrow from, loan to, contract with, or otherwise deal with any corporation, trust, association, partnership, or other entity in which any member of a community advisory committee has a financial interest, direct or indirect, provided that the interest is disclosed in the minutes of the corporation.
(c)
Notwithstanding any provision of law, general, special, or local, no officer or employee of the state or of any agency thereof shall be deemed to have forfeited or shall forfeit his or her office or employment by reason of his or her acceptance of membership on a community advisory committee.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-14. - Relations with state agencies.

§ 42-64-14. Relations with state agencies.
(a)
In planning and carrying out projects, the Rhode Island commerce corporation shall conform to the applicable provisions of the state guide plan as that plan may from time to time be altered or amended. In determining whether its proposed projects are in conformity with the state guide plan, the corporation and all persons dealing with it shall be entitled to rely upon a written statement signed by its chairperson or vice-chairperson of the state planning council to the effect that the proposed project conforms to the state guide plan. If the corporation shall submit to the state planning council a written request for this determination accompanied by a general description of a proposed project describing in reasonable detail its location, nature, and size, and the state planning council shall not within forty-five (45) days after the receipt of this written request issue its written statement to the effect that the proposed project conforms or does not conform to the state guide plan as the case may be, then conformity of the proposed project with the state guide plan shall be conclusively presumed. A written statement issued by the state planning council to the effect that a proposed project does not conform to the state guide plan shall state the respects in which conformity is lacking.
(b)
In planning and carrying out projects, the corporation shall conform to the applicable provisions of chapter 23 of title 46.
(c)
The corporation is authorized and empowered to acquire and to dispose of real property, subject to the provisions of this chapter, without the necessity of obtaining the approval of the state properties committee or otherwise complying with the provisions of title 37.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 1976, ch. 277, § 6; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-14.1. - Exclusive jurisdiction of general assembly to approve or deny oil refinery or nuclear plant project plans.

§ 42-64-14.1. Exclusive jurisdiction of general assembly to approve or deny oil refinery or nuclear plant project plans.
The final approval or denial of a project plan for the location and construction of an oil refinery or a nuclear plant within the state is hereby expressly reserved to the general assembly notwithstanding any general or public law or ordinance to the contrary, and exclusively within the jurisdiction of the general assembly. The exclusive jurisdiction is vested in the general assembly notwithstanding any other general, special, or public law to the contrary, including, but not limited to, those laws granting regulatory powers to the cities and towns, and any ordinances enacted pursuant to these laws.
History of Section.
P.L. 1974, ch. 100, § 14.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-16. - Short-term notes.

§ 42-64-16. Short-term notes.
Money borrowed by the Rhode Island commerce corporation for the purpose of providing temporary financing of a project or projects or combination of projects pending the issuance of bonds or other notes, shall be evidenced by notes or other obligations. The principal and interest of all notes or other obligations of the corporation issued under the provisions of this section shall be payable no later than the fourth anniversary of the date of their issue, and shall be payable from the following: (1) from the proceeds of bonds subsequently issued; or (2) from the proceeds of subsequent borrowings which comply with the provisions hereof; or (3) from general revenues of the corporation which may be equal and proportionate with, but not superior to, that securing bonds then outstanding or subsequently issued. Notwithstanding any other provisions of this chapter, all these notes shall be deemed to be negotiable instruments under the laws of the state of Rhode Island subject only to the provisions for registration contained in those laws. The notes or other obligations or any issue of these shall be in a form and contain any other provisions as the corporation may determine and the notes or resolutions or proceedings authorizing the notes or other obligations or any issue of these may contain, in addition to any provisions, conditions, covenants, or limitations authorized by this chapter, any provisions, conditions, covenants, or limitations which the corporation is authorized to include in any resolution or resolutions authorizing bonds or notes or in any trust indenture relating to bonds or notes. The corporation may issue the notes or other obligations in any manner either publicly or privately on any terms as it may determine to be in its best interests. These notes or other obligations may be issued under the provisions of this chapter without obtaining the consent of any department, division, commission, board, body, or agency of the state, without any other proceedings or the happening of any conditions or things other than those proceedings, conditions, or things which are specifically required by this chapter and by the provisions and resolutions authorizing the issuance of the notes or obligations.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-19. - Trust funds.

§ 42-64-19. Trust funds.
All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of bonds or notes or as revenues, receipts, or income, and moneys held by the Rhode Island commerce corporation in the tire site remediation account established pursuant to § 23-63-4.1, shall be trust funds to be held and applied solely as provided in the proceedings under which the bonds or notes are authorized. Any officer with whom or any bank or trust company with which the moneys shall be deposited as trustee shall hold and apply the moneys for the purposes thereof, subject to the applicable provisions of this chapter, the proceedings authorizing the bonds or notes and the trust agreement securing the bonds or notes, if any.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 1992, ch. 133, art. 85, § 3; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-20.1. - Procedure.

§ 42-64-20.1. Procedure.
(a)
A resolution by the board of directors of the corporation that adopts confirming use of the tax exemption for a project by the lessee as required in § 42-64-20(c) shall be deemed to have been approved by the general assembly when the general assembly passes a concurrent resolution of approval which the corporation requests that, the resolution adopting confirming use of the tax exemption for a project by the lessee, be approved by the general assembly. These requests shall be transmitted to the speaker of the house and the president of the senate with copies to the chairpersons of the respective finance committees, and fiscal advisors. The request for approval shall include:
(1)
A full description of the project to which the tax exemption is related;
(2)
The corporation’s findings required by § 42-62-10(1); and
(3)
The corporation’s analysis of impact required by § 42-64-10(2).
History of Section.
P.L. 2006, ch. 246, art. 30, § 18.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-21. - Notes and bonds as legal investments.

§ 42-64-21. Notes and bonds as legal investments.
The notes and bonds of the Rhode Island commerce corporation are made securities in which all public officers and bodies of this state and all municipalities and municipal subdivisions, all insurance companies and associations, and other persons carrying on an insurance business, all banks, bankers, trust companies, saving banks and saving 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 now or may hereafter be 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.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-22. - Agreement of the state.

§ 42-64-22. Agreement of the state.
The state does pledge to and agree with the holders of any bonds or notes issued under this chapter that the state will not limit or alter the rights vested in the Rhode Island commerce corporation to fulfill the terms of any agreements made with the holders until the bonds or notes, together with the interest on these bonds and notes, 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 the 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 the bonds or notes.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-23. - Credit of state.

§ 42-64-23. Credit of state.
(a)
Obligations issued under the provisions of this chapter, except those obligations secured by mortgages which are insured by the industrial building authority, shall not constitute a debt, liability or obligation of the state or of any political subdivision of the state other than the Rhode Island commerce 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, except those obligations secured by mortgages which are insured by the industrial building authority, shall contain on its face a statement to the effect that the corporation shall not be obligated to pay the obligation or interest on the obligation except from revenues or assets pledged therefor and that neither the faith and credit nor the taking power of the state or any political subdivision of the state other than the corporation is pledged to the payment of the principal of or the interest on the obligation.
(b)
Obligations issued under the provisions of this chapter which are secured by mortgages insured by the industrial building authority, in addition to being payable from the revenues or assets of the corporation, shall be secured by a pledge of the faith and credit of the state consistent with the terms and limitations of chapter 34 of this title.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 1975, ch. 129, § 2; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-24. - State’s right to require redemption of bonds.

§ 42-64-24. State’s right to require redemption of bonds.
Notwithstanding and in addition to any provisions for the redemption of bonds which may be contained in any contract with the holders of the bonds, the state may, upon furnishing sufficient funds, require the corporation to redeem, prior to maturity, as a whole, any issue of bonds on any interest payment date not less than twenty (20) years after the date of the bonds of the issue at one hundred five percent (105%) of their face value and accrued interest or at any lower redemption price as may be provided in the bonds in case of the redemption of the bonds as a whole on the redemption date. Notice of the redemption shall be published at least twice in at least two (2) newspapers publishing and circulating respectively in the cities of Providence, Rhode Island, and New York, New York, the first publication to be at least thirty (30) days before the date of redemption.
History of Section.
P.L. 1974, ch. 100, § 14.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-26. - Authorization to accept appropriated moneys.

§ 42-64-26. Authorization to accept appropriated moneys.
The Rhode Island commerce corporation is authorized to accept any moneys as may be appropriated from time to time by the general assembly for effectuating its corporate purposes including, without limitation, the payment of the initial expenses of administration and operation and the establishment of reserves or contingency funds to be available for the payment of the principal of and the interest on any bonds, notes or other obligations of the corporation.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-27. - Assistance by state officers, departments, boards and commission.

§ 42-64-27. Assistance by state officers, departments, boards and commission.
(a)
All state agencies may render any services to the Rhode Island commerce corporation within their respective functions as may be requested by the corporation.
(b)
Upon request of the corporation, any state agency is authorized and empowered to transfer to the corporation any officers and employees as it may deem necessary from time to time to assist the corporation in carrying out its functions and duties under this chapter. Officers and employees so transferred shall not lose their civil service status or rights.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-29. - Inventory of development sites.

§ 42-64-29. Inventory of development sites.
(a)
The Rhode Island commerce corporation, in coordination with the statewide planning program, shall maintain an inventory of potential sites for development and act as a clearinghouse for investors and businesses that want to expand or locate in Rhode Island.
(b)
Further, the corporation, in coordination with Rhode Island municipalities and local or regional development agencies, shall promote the re-use of abandoned and distressed industrial properties in the State, specifically those designated as brownfields and certified mill buildings.
(c)
The corporation shall create a program of marketing for underutilized or abandoned sites as identified by the department of environmental management in § 23-19-14.5(d).
(d)
The corporation shall, in cooperation with the department of environmental management, assist prospective Brownfield redevelopment developers in identifying and securing public and private funding sources for Brownfield redevelopment projects.
History of Section.
P.L. 1998, ch. 60, § 1; P.L. 2002, ch. 186, § 3; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-30. - Inconsistent provisions.

§ 42-64-30. Inconsistent provisions.
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.
History of Section.
P.L. 1974, ch. 100, § 14; G.L. 1956, § 42-64-29.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-31. - Other statutes.

§ 42-64-31. Other statutes.
Nothing contained in this chapter shall restrict or limit the powers of the Rhode Island commerce corporation arising under any laws of this state except where those powers are expressly contrary to the provisions of this chapter; provided, however, that the corporation shall not have any power to create, empower or otherwise establish any corporation, subsidiary corporation, corporate body, any form of partnership, or any other separate entity, without the express approval and authorization of the general assembly. Except as otherwise provided, this chapter shall be construed to provide a complete additional and alternative method for doing the things authorized hereby and shall be regarded as supplemental and in addition to the powers conferred by other laws. The issuance of all bonds, 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 bonds, notes and obligations, and contracts for the construction and acquisition of any project undertaken pursuant to this chapter need not comply with any provision of any other state law applicable to contracts for the construction and acquisition of state owned property, except that the provisions of § 37-13-1 et seq. (prevailing wage); § 37-16-2 et seq. (public works arbitration); and § 37-12-1 et seq. (contractors’ bonds) for the construction and acquisition of state or municipally owned property shall be applicable. No proceedings or notice of approval shall be required for the issuance of any bonds, notes, and other obligations or any instrument of security except as provided in this chapter.
History of Section.
P.L. 1974, ch. 100, § 14; P.L. 1994, ch. 25, § 1; P.L. 1995, ch. 370, art. 12, § 8; G.L. 1956, § 42-64-30; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-31.1. - Rules and regulations.

§ 42-64-31.1. Rules and regulations.
When issuing rules and regulations or any amendments to rules and regulations or when adopting bylaws or amendments to bylaws, the corporation shall be subject to the provisions of chapter 35 of this title (“Administrative Procedures”).
History of Section.
P.L. 2013, ch. 243, § 5; P.L. 2013, ch. 490, § 5.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-32. - Construction.

§ 42-64-32. Construction.
This chapter, being necessary for the welfare of the state and its inhabitants, shall be liberally construed so as to effectuate its purposes.
History of Section.
P.L. 1974, ch. 100, § 14; G.L. 1956, § 42-64-31.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-33. - Severability.

§ 42-64-33. Severability.
If any clause, sentence, paragraph, section, or part of this chapter shall be adjudged by any court of competent jurisdiction to be invalid, that judgment shall not affect, impair, or invalidate the remainder of the chapter but shall be confined in its operation to the clause, sentence, paragraph, section, or part directly involved in the controversy in which that judgment shall have been rendered.
History of Section.
P.L. 1974, ch. 100, § 14; G.L. 1956, § 42-64-32.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-34. - Appointment of small business advocate.

§ 42-64-34. Appointment of small business advocate.
(a)
The director of the Rhode Island commerce corporation shall appoint a staff person to serve as the small business advocate.
(b)
The small business advocate shall:
(1)
Identify and convey specific concerns raised by small business in providing notice to the state agency proposing the regulation;
(2)
Inform businesses regarding proposed regulation that may have a significant adverse economic impact; and
(3)
Formulate policies and procedures in accordance with chapter 35 of this title.
(c)
The small business advocate may request from any government agency, and the agency is authorized and directed to provide, any cooperation and assistance, services, and data as will enable the small business advocate to properly perform or exercise any of his or her functions, duties, and powers under this chapter.
History of Section.
P.L. 2005, ch. 96, § 1; P.L. 2005, ch. 100, § 1; P.L. 2013, ch. 243, § 3; P.L. 2013, ch. 490, § 3.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-34.1. - Cooperation required.

§ 42-64-34.1. Cooperation required.
The small business advocate may request from any government agency, and the agency is authorized and directed to provide, any cooperation and assistance, services, and data, within the jurisdiction of the agency, as will enable the small business advocate to properly perform or exercise any of his or her functions, duties and powers under this chapter.
History of Section.
P.L. 2005, ch. 96, § 1; P.L. 2005, ch. 100, § 1.
2023 Rhode Island General Laws › Title 42 - State Affairs and Government › Chapter 42-64 - Rhode Island Commerce Corporation › Section 42-64-36. - Program accountability.

§ 42-64-36. Program accountability.
(a)
The board of the Rhode Island commerce corporation shall be responsible for establishing accountability standards, reporting standards, and outcome measurements for each of its programs to include, but not be limited to, the use of tax credits, loans, loan guarantees, and other financial transactions managed or utilized by the corporation. Included in the standards shall be a set of principles and guidelines to be followed by the board to include:
(1)
A set of outcomes against which the board will measure each program’s and offering’s effectiveness;
(2)
A set of standards for risk analysis for all of the programs especially the loans and loan guarantee programs; and
(3)
A process for reporting out all loans, loan guarantees, and any other financial commitments made through the corporation that includes the purpose of the loan, financial data as to payment history, and other related information.
(b)
The board shall annually prepare a report starting in January 2015 which shall be submitted to the house and senate. The report shall summarize the above listed information on each of its programs and offerings and contain recommendations for modification, elimination, or continuation.
(c)
The commerce corporation shall prepare a report beginning January 1, 2019, which shall be submitted to the house and senate within a period of thirty (30) days of the close of each quarter. The report shall summarize the information listed in subsection (a) of this section on each of its programs and offerings, including any modifications, adjustments, clawbacks, reallocations, alterations, or other changes, made from the close of the prior fiscal quarter and include comparison data to the reports submitted pursuant to §§ 42-64.20-9(b), 42-64.21-8(a) and (c), 42-64.22-14(a), 42-64.23-5(d), 42-64.24-5(d), 42-64.25-12, 42-64.26-6, 42-64.27-4, 42-64.28-9, 42-64.29-7(a), 42-64.31-3, 44-48.3-13(b) and (c), chapters 64.20, 64.21, 64.22, 64.23, 64.24, 64.25, 64.26, 64.27, 64.28, 64.29, 64.30, 64.31, 64.32 of title 42 and § 44-48.3-13.
(d)
The board shall coordinate its efforts with the office of revenue analysis to not duplicate information on the use of tax credits and other tax expenditures.
History of Section.
P.L. 2013, ch. 243, § 5; P.L. 2013, ch. 490, § 5; P.L. 2018, ch. 47, art. 12, § 1.