§ 35-15-2 - Definitions.
SECTION 35-15-2
§ 35-15-2 Definitions. – As used in this chapter:
(1) "College and university savings bond program" shall meanthe program of encouraging enrollment in institutions of higher education byproviding for a method of investment.
(2) "General obligation bond acts" shall mean:
(i) Any future public law which authorizes the state to issueits general obligation bonds, except those acts that expressly provide thatthis chapter shall not apply thereto; and
(ii) The following authorized but unissued bondauthorizations of the state:
(A) Ten million dollars ($10,000,000) for landacquisition-industrial development under P.L. 1979, ch. 157;
(B) Sixty-four million, seven hundred thousand, dollars($64,700,000) for the Narragansett Bay water quality management districtcommission under P.L. 1980, ch. 342;
(C) One million dollars ($1,000,000) for the purpose of statewater supplies under P.L. 1980, ch. 163;
(D) Four thousand, six hundred, dollars ($4,600) for mentalhealth, retardation, and hospitals under P.L. 1980, ch. 163;
(E) One million, three hundred ninety thousand, dollars($1,390,000) for transportation under P.L. 1982, ch. 344, as amended by P.L.1982, ch. 455;
(F) Two million, one hundred ten thousand, dollars($2,110,000) for children, youth, and families under P.L. 1982, ch. 344;
(G) Seven million dollars ($7,000,000) for transportationunder P.L. 1983, ch. 332;
(H) Seven million, four hundred thousand, dollars($7,400,000) for a water facilities assistance program under P.L. 1983, ch. 332;
(I) Three million, four hundred forty thousand, dollars($3,440,000) for mental health, retardation and hospitals under P.L. 1984, ch.156;
(J) Five million dollars ($5,000,000) for environmentalresponse fund-hazardous waste under P.L. 1984, ch. 403;
(K) Two million, two hundred thousand, dollars ($2,200,000)for higher education under P.L. 1984, ch. 156;
(L) Two million, twenty thousand, dollars ($2,020,000) forelementary and secondary education under P.L. 1984, ch. 156;
(M) Four million, five hundred fifty-five thousand, dollars($4,555,000) for sewerage and water supply failure fund under P.L. 1984, ch.420;
(N) Five million dollars ($5,000,000) for the emergencytelephone system under P.L. 1984, ch. 144;
(O) Five million, five hundred thousand, dollars ($5,500,000)for state house renovations under P.L. 1985, ch. 367;
(P) Five million dollars ($5,000,000) for handicappedaccessibility improvements under P.L. 1985, ch. 367;
(Q) Sixteen million dollars ($16,000,000) for transportationunder P.L. 1985, ch. 367;
(R) One million, eight hundred fifteen thousand, dollars($1,815,000) for agricultural land preservation under P.L. 1985, ch. 367;
(S) Nine million, six hundred eighty thousand, dollars($9,680,000) for mental health, retardation, and hospitals under P.L. 1985, ch.367;
(T) Sixteen million dollars ($16,000,000) for asbestosabatement under P.L. 1985, ch. 366;
(U) Seven million, eight hundred twenty thousand, dollars($7,820,000) for heritage preservation under P.L. 1985, ch. 369;
(V) One million, five hundred thousand, dollars ($1,500,000)for underground storage tank replacement under P.L. 1985, ch. 486;
(W) Thirty-five million dollars ($35,000,000) for the CleanWater Act environmental trust fund under P.L. 1986, ch. 289;
(X) Eleven million, six hundred ninety thousand, dollars($11,690,000) for mental health, retardation, and hospitals under P.L. 1986,ch. 419;
(Y) Fifty-five million, four hundred ninety thousand, dollars($55,490,000) for transportation under P.L. 1986, ch. 419;
(Z) Thirteen million, six hundred thousand, dollars($13,600,000) for water resources under P.L. 1986, ch. 419;
(AA) Fifteen million, twenty-five thousand, dollars($15,025,000) for environmental management under P.L. 1986, ch. 419;
(BB) One million, five hundred eighty thousand, dollars($1,580,000) for human services under P.L. 1986, ch. 419;
(CC) Six million, five hundred thousand, dollars ($6,500,000)for children, youth, and families under P.L. 1986, ch. 419;
(DD) Two million dollars ($2,000,000) for hazardous wasteunder P.L. 1986, ch. 419;
(EE) Eight million, seven hundred thousand, dollars($8,700,000) for higher education facilities under P.L. 1986, ch. 419;
(FF) Sixty-five million, two hundred thousand, dollars($65,200,000) for open space and recreational areas under P.L. 1987, ch. 425;and
(GG) Twelve million, twenty-five thousand, dollars($12,025,000) for Blackstone Valley district commission P.L. 1986, ch. 289;
(3) "Housing assistance downpayment savings bond program"shall mean the program of enhancing the ability of residents of the state topurchase residential dwellings within the state by providing for a method ofsavings and investment.
(4) "Institution of higher education" shall mean aneducational institution situated within or without this state which by virtueof law or charter is a public or other nonprofit educational institutionempowered to provide a program of education beyond the high school level andwhich is accredited by a nationally recognized educational accrediting agencyor association and awards an associate's, bachelor's, or advance degree orprovides a program of not less than two (2) years' duration which is acceptablefor full credit toward a bachelor's degree.
(5) "Rhode Island savings bonds" shall mean generalobligation bonds of the state which are:
(i) Designated as general obligation savings bonds by thegovernor and the general treasurer; and
(ii) Are issued under the provisions of the "generalobligation and bonds acts", as that term is defined in paragraph (2).
(6) "State" shall mean the state of Rhode Island andProvidence Plantations.
(7) "State of Rhode Island savings plan advisory board" or"advisory board" shall mean the board created and established in § 35-15-3.