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Rhode IslandH62992025 Regular SessionHouse

AN ACT AUTHORIZING THE CITY OF WARWICK TO ISSUE NOT TO EXCEED $50,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, LANDSCAPING, DEMOLITION, ARCHITECTURAL COSTS, ENGINEERING, FURNISHING AND EQUIPPING OF (I) TWO NEW HIGH SCHOOLS AND SCHOOL FACILITIES TO REPLACE PILGRIM HIGH SCHOOL AND TOLLGATE HIGH SCHOOL AND ON-SITE ATHLETIC FIELDS, AND (II) RECREATION AND ATHLETIC FACILITIES THROUGHOUT THE CITY .

Sponsored By: Joseph M. McNamara (Democratic)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Warwick property taxes back new city debt

Warwick must budget enough each year to repay principal and interest on debt issued under the law. Any shortfall not covered by other funds must be added to the annual property tax levy. All taxable city property backs these payments, with no limit on the tax rate or amount needed. State reimbursement for school-project debt requires Rhode Island Department of Education approval of the projects. Without that approval, the city must cover those costs without this reimbursement.

Warwick gains school and recreation borrowing authority

The law authorizes Warwick to borrow up to $50 million, in addition to its earlier borrowing authority. The money can fund two new high schools replacing Pilgrim and Tollgate, related school facilities, and on-site athletic fields. It can also fund recreation and athletic facilities throughout the city. The borrowing authority takes effect only after majority voter approval at a special citywide election. After seven years from the act’s effective date, the city council may cancel unused borrowing authority.

Sponsors & Cosponsors

Sponsor

  • Joseph M. McNamara

    Democratic • House

Cosponsors

  • David A. Bennett

    Democratic • House

  • Marie A. Hopkins

    Republican • House

  • Earl A. Read, III

    Democratic • House

  • Evan P. Shanley

    Democratic • House

  • K. Joseph Shekarchi

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 72 • No: 0

House vote • 5/27/2025

CITY OF WARWICK/BONDS & NOTES PASSAGE

Yes: 72 • No: 0

Actions Timeline

  1. Signed by Governor

    6/13/2025Governor

  2. Transmitted to Governor

    6/10/2025Governor

  3. Senate passed in concurrence

    6/10/2025Senate

  4. Placed on the Senate Consent Calendar (06/10/2025)

    6/6/2025Senate

  5. House read and passed

    5/27/2025House

  6. Placed on House Calendar (05/27/2025)

    5/23/2025House

  7. Committee recommends passage

    5/20/2025

  8. Scheduled for consideration (05/20/2025)

    5/16/2025

  9. Committee recommended measure be held for further study

    5/15/2025

  10. Scheduled for hearing and/or consideration (05/15/2025)

    5/9/2025

  11. Introduced, referred to House Finance

    5/2/2025House

Bill Text

  • H6299 - As Introduced

    5/2/2025

    HTMLPDF

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