(a)  The department and the council shall establish and execute a process, at least annually, for the solicitation, evaluation, and award of grants for projects that meet the requirements set forth in this chapter. The department and council shall forward their respective written notification of approval of a project application to the bank.

Terms Used In Rhode Island General Laws 46-23.3-6

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

(b)  The department, the council, and the bank shall jointly submit a report to the speaker of the house of representatives and the president of the senate not later than the tenth day following the convening of each regular session of the general assembly. The report shall include the following:

(1)  The amount of money awarded from the OSCAR fund during the preceding fiscal year;

(2)  A brief summary of the projects that received funding and a timeline of implementation; and

(3)  Any other information requested by the general assembly.

(c)  Nothing contained in this chapter is intended to abrogate or affect the existing powers of the department of environmental management, the coastal resources management council, or the bank.

History of Section.
P.L. 2021, ch. 377, § 2, effective July 13, 2021; P.L. 2021, ch. 378, § 2, effective July 13, 2021.