§ 23-19.16-1. Legislative findings. The general assembly finds and declares that: (1) Promotion of, and investment in, energy efficient infrastructure will result in the reduction of energy costs for commercial, residential, and municipal users which is necessary to maintain and grow Rhode Island’s economy; and (2) There exists the Rhode Island clean water finance agency […]
§ 23-19.16-2. Definitions. As used in this chapter, the following terms, unless the context requires a different interpretation, shall have the following meanings: (1) “Agency” means the Rhode Island infrastructure bank as set forth in chapter 12.2 of title 46; (2) “Approved project” means any project approved by the agency for financial assistance; (3) “Brownfield […]
§ 23-19.16-3. Establishment of the brownfields revolving fund. (a) There is hereby established a brownfields revolving fund. The agency shall establish and set up on its books the brownfields revolving fund, to be held in trust and to be administered by the agency solely as provided in this section and in any trust agreement securing […]
§ 23-19.16-4. Administration. (a) The agency shall have all the powers necessary and convenient to carry out and effectuate the purposes and provisions of this chapter including, without limiting the generality of the preceding statement, the authority: (1) To receive and disburse such funds from the state and federal government as may be available for […]
§ 23-19.16-5. Payment of state funds. (a) Subject to the provisions of subsection (b), upon the written request of the agency, the general treasurer shall pay to the agency, from time to time, from the proceeds of any bonds or notes issued by the state for the purposes of this chapter or funds otherwise lawfully […]
§ 23-19.16-6. Procedure for project approval. The department of environmental management, in consultation with the Rhode Island commerce corporation, shall promulgate rules and regulations establishing the project evaluation criteria and a project priority list and the process through which an eligible borrower may submit an application for inclusion of a brownfields project on the project […]
§ 23-19.16-7. Expenses incurred by the department. In order to provide for the expenses of the department under this chapter, the agency shall transfer to the department an amount from the revolving fund equal to the amount authorized by the general assembly. History of Section.P.L. 2015, ch. 141, art. 14, § 1.
§ 23-19.16-8. Severability. If any provision of this chapter or the application of this chapter to any person, corporations, or circumstances 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 […]
