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2/6/2018 House Finance Committee meets on Wednesday and Thursday to hear proposed FY 2019 budget articles
STATE HOUSE – The House Committee on Finance will be meeting on Wednesday and Thursday this week to begin hearing testimony on several articles of the governor’s proposed FY 2019 budget.

On Wednesday, February 7 at the RISE of the House (approximately 4:45 p.m.) in Room 35 of the State House, the committee will hear testimony on Article 1 – Section 15, which proposes to transfer $3 million from the Resource Recovery Corporation to state general revenues.  The committee will also be hearing testimony on three sections from Article 10, which makes revised appropriations in support of the FY 2018 budget.  The following sections will be heard:
  • Section 7, which requires the transfer of $3 million from the Resource Recovery Corporation to state general revenues.
  • Section 8, which requires the transfer of $1.5 million from the Rhode Island Turnpike and Bridge Authority to general revenues.
  • Section 9, which requires the transfer of $3 million from the Rhode Island Student Loan Authority to general revenues.
On Thursday, February 8 at the RISE of the House (approximately 4:45 p.m.) in Room 35 of the State House, the committee will hear testimony on Article 1 – Section 14, which requires that the Rhode Island Housing and Mortgage Finance Corporation provide from its resources an appropriate amount to support the Neighborhood Opportunities Program.  The committee will also hear Article 1 – Section 16, which requires the transfer of $5 million from Rhode Island Housing to state general revenues.

The committee will also be hearing testimony on three sections from Article 10, which makes revised appropriations in support of the FY 2018 budget.  The following sections will be heard:
  • Section 5, which requires the transfer of $8.5 million from the Infrastructure Bank to state general revenues.
  • Section 6, which requires the transfer of $6 million from Rhode Island Housing to state general revenues.
  • Section 12, which requires the transfer of $1.1 million from residual water quality protection surcharges that had been collected by the Water Resources Board Corporate to state general revenues.



For more information, contact:
Andrew Caruolo, Publicist
State House Room 20
Providence, RI 02903
(401)222-6124