Rhode Island legislation · 2026 Regular Session
Rhode Island H7369: AN ACT RELATING TO TOWNS AND CITIES -- AUDIT OF ACCOUNTS AND INSTALLATION OF SYSTEMS (Amends the audit compliance requirements f
Status: In committee, June 1, 2026
AN ACT RELATING TO TOWNS AND CITIES -- AUDIT OF ACCOUNTS AND INSTALLATION OF SYSTEMS (Amends the audit compliance requirements for municipalities' contributions to pension plans under the budget of accounts and installation of systems chapter.)
What the bill says
From the introduced text, January 28, 2026:
2026 -- H 7369 ======== LC004186 ======== STATEOFRHODEISLAND IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 2026 ____________ ANACT RELATING TO TOWNS AND CITIES -- AUDIT OF ACCOUNTS AND INSTALLATION OF SYSTEMS Introduced By: Representatives Felix, Santucci, Tanzi, McNamara, Place, Casey, Chippendale, Giraldo, Cruz, and Stewart Date Introduced: January 28, 2026 Referred To: House Municipal Government & Housing (Auditor General) It is enacted by the General Assembly as follows: SECTION 1. Section 45-10-15 of the General Laws in Chapter 45-10 entitled "Audit of Accounts and Installation of Systems" is hereby amended to read as follows: 45-10-15. Compliance with requirements of "governmental accounting standards board (GASB)" pension funding. Municipal compliance with funding pension and other postemployment benefit plans. (a) For any audit year in which a municipality contributes materially less than 100% of the annual required actuarially determined contribution to its pension plan(s) as ("ADC") reported in accordance with GASB statement 27 or any successor statement Governmental Accounting Standards Board ("GASB") requirements to its pension plan(s), the municipality shall submit to the auditor general and the director of revenue, within three (3) months of completion of the annually audited financial statement, the municipality's most recent actuarial study of the valuations determining the ADC for the pension plan(s) and management's recommendations for assuring future payments equal to the annual pension cost (APC) planned future …
Sponsors
- Leonela Felix (D, HD-061) · primary sponsor
- Paul Santucci (R)
- Teresa Tanzi (D, HD-034)
- McNamara, Joseph (D, HD-019)
- David Place (R, HD-047)
- Stephen Casey (D, HD-050)
- Michael Chippendale (R, HD-040)
- Joshua Giraldo (D, HD-056)
- Cherie Cruz (D, HD-058)
- Jennifer Stewart (D, HD-059)
Latest actions
- : Meeting postponed
- : Scheduled for consideration
- : Referred to Senate Finance
- : House read and passed
- : Placed on House Calendar
- : Committee recommends passage
- : Scheduled for consideration
- : Committee recommended measure be held for further study
- : Scheduled for hearing and/or consideration
- : Introduced, referred to House Municipal Government & Housing
Votes
- House Seq #190: PASSAGE AS AMENDED (May 19, 2026): 64 yea, 1 nay, passed
- House Seq #189: PASSAGE AS AMENDED (May 19, 2026): 62 yea, 1 nay, passed
- House Committee on Municipal Government & Housing: Passage (March 31, 2026): 13 yea, 0 nay, passed
Subjects: TOWNS AND CITIES
Common questions
- What is H7369?
- H7369 is a bill in the Rhode Island Legislature (2026 Regular Session): AN ACT RELATING TO TOWNS AND CITIES -- AUDIT OF ACCOUNTS AND INSTALLATION OF SYSTEMS (Amends the audit compliance requirements f.
- What does H7369 do?
- AN ACT RELATING TO TOWNS AND CITIES -- AUDIT OF ACCOUNTS AND INSTALLATION OF SYSTEMS (Amends the audit compliance requirements for municipalities' contributions to pension plans under the budget of accounts and installation of systems chapter.)
- What is the status of H7369?
- In committee as of June 1, 2026. Latest action: Meeting postponed (June 1, 2026).
- Who sponsored H7369?
- Leonela Felix (D, HD-061), with 9 co-sponsors.
- Where is the official record for H7369?
- On the Rhode Island Legislature website: http://webserver.rilegislature.gov/BillText/BillText26/HouseText26/H7369.pdf
Source: official Rhode Island record. Tracked by Delilah, AI for legislation across all 50 states and Congress.