Rhode Island legislation · 2026 Regular Session
Rhode Island H7311: AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- RHODE ISLAND COMMERCE CORPORATION (Limits the authority of the Rhode Island c
Status: Failed, April 8, 2026
AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- RHODE ISLAND COMMERCE CORPORATION (Limits the authority of the Rhode Island commerce corporation to finance any transaction to five million dollars ($5,000,000) for any one individual, business entity or project.)
What the bill says
From the introduced text, January 23, 2026:
2026 -- H 7311 ======== LC004279 ======== STATEOFRHODEISLAND IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 2026 ____________ ANACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- RHODE ISLAND COMMERCE CORPORATION Introduced By: Representatives Nardone, Quattrocchi, Fascia, Santucci, Paplauskas, and Chippendale Date Introduced: January 23, 2026 Referred To: House Finance It is enacted by the General Assembly as follows: SECTION 1. Section 42-64-6 of the General Laws in Chapter 42-64 entitled "Rhode Island Commerce Corporation" is hereby amended to read as follows: 42-64-6. General powers. (a) Except to the extent inconsistent with any specific provision of this chapter, the Rhode Island commerce corporation shall have the power: (1) To sue and be sued, complain and defend, in its corporate name. (2) To have a seal, which may be altered at pleasure and to use the seal by causing it, or a facsimile of the seal, to be impressed or affixed, or in any other manner reproduced. (3) To purchase, take, receive, lease, or otherwise acquire, own, hold, improve, use, and otherwise deal in and with, real or personal property, or any interest in real or personal property, wherever situated. (4) To sell, convey, mortgage, pledge, lease, exchange, transfer, and otherwise dispose of all or any part of its property and assets for any consideration and upon any terms and conditions as the corporation …
Sponsors
- George Nardone (R) · primary sponsor
- Robert Quattrocchi (R)
- Richard Fascia (R, HD-042)
- Paul Santucci (R)
- Christopher Paplauskas (R)
- Michael Chippendale (R, HD-040)
Latest actions
- : Committee recommended measure be held for further study
- : Scheduled for hearing and/or consideration
- : Introduced, referred to House Finance
Subjects: STATE AFFAIRS AND GOVERNMENT
Common questions
- What is H7311?
- H7311 is a bill in the Rhode Island Legislature (2026 Regular Session): AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- RHODE ISLAND COMMERCE CORPORATION (Limits the authority of the Rhode Island c.
- What does H7311 do?
- AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- RHODE ISLAND COMMERCE CORPORATION (Limits the authority of the Rhode Island commerce corporation to finance any transaction to five million dollars ($5,000,000) for any one individual, business entity or project.)
- What is the status of H7311?
- Failed as of April 8, 2026. Latest action: Committee recommended measure be held for further study (April 8, 2026).
- Who sponsored H7311?
- George Nardone (R), with 5 co-sponsors.
- Where is the official record for H7311?
- On the Rhode Island Legislature website: http://webserver.rilegislature.gov/BillText/BillText26/HouseText26/H7311.pdf
Source: official Rhode Island record. Tracked by Delilah, AI for legislation across all 50 states and Congress.