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Rhode IslandS33242026 Regular SessionSenate

AN ACT AUTHORIZING THE CITY OF PAWTUCKET TO PROVIDE FOR THE DESIGN, CONSTRUCTION, RECONSTRUCTION, REPAIR AND EQUIPPING OF STREETS, SIDEWALKS AND OTHER TRANSPORTATION INFRASTRUCTURE IMPROVEMENTS INCLUDING, BUT NOT LIMITED TO, DRAINAGE AND LANDSCAPING AND AUTHORIZING THE FINANCING THEREOF, INCLUDING THE ISSUE OF NOT MORE THAN $2,000,000 BONDS AND NOTES THEREFOR, TO FUND THE CAPITAL IMPROVEMENT PROGRAM FOR THE TWO FISCAL YEARS 2028 AND 2029 .

Sponsored By: Meghan E. Kallman (Democratic)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 1 costs, 1 mixed.

Property taxes back these bond payments

The city must set aside enough money each year to pay this debt. If it does not, the unpaid amount is added to the yearly tax levy. All taxable property in Pawtucket is subject to property tax without a rate or amount limit to cover these payments. If you own taxable property, your tax bill can rise to pay the bonds.

Voters decide $2 million for roads

The law authorizes up to $2 million in bonds to design and fix streets, sidewalks, drainage, and landscaping in fiscal years 2028 and 2029. Pawtucket voters must be asked to approve this at the next general election, unless the mayor sends it to an earlier special city‑wide or state election (not a primary). The city may spend bond money on project costs once bonds are issued.

Borrowing rules for Pawtucket road bonds

The city may sell serial or term bonds. The first principal payment is due within 3 years, and the final payment is due within 30 years. The city may issue short‑term notes before bonds or aid arrive; notes must be repaid within 5 years. Outstanding temporary notes cannot exceed 200% of the authorized bonds; if refunding would exceed that, proceeds must be held in a separate fund and used only to repay the refunded notes. The treasurer can advance general funds (with council approval) and invest unspent proceeds in bank deposits or U.S. obligations. The city can seek state or federal grants, and these bonds do not count toward the city’s debt limit. The mayor and treasurer may sign required tax and securities documents, including continuing disclosure. After 7 years, the council can cancel any unused borrowing authority.

Sponsors & Cosponsors

Sponsor

  • Meghan E. Kallman

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 103 • No: 0

House vote • 6/10/2026

PAWTUCKET BONDS & NOTES PASSAGE IN CONCURRENCE

Yes: 68 • No: 0

Senate vote • 6/2/2026

THE CITY OF PAWTUCKET -- BONDS Passage

Yes: 35 • No: 0

Actions Timeline

  1. Signed by Governor

    6/23/2026Governor

  2. Transmitted to Governor

    6/18/2026Governor

  3. House passed in concurrence

    6/10/2026House

  4. Placed on the House Consent Calendar (06/10/2026)

    6/8/2026House

  5. Senate read and passed

    6/2/2026Senate

  6. Placed on Senate Calendar (06/02/2026)

    5/29/2026Senate

  7. Committee recommends passage

    5/28/2026

  8. Scheduled for hearing and/or consideration (05/28/2026)

    5/26/2026

  9. Introduced, referred to Senate Housing and Municipal Government

    5/26/2026Senate

Bill Text

  • S3324 - As Introduced

    5/26/2026

    HTMLPDF

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