The bill amends Section 42-64-14.1 of the General Laws in Chapter 42-64, which pertains to the Rhode Island Commerce Corporation. The amendment changes the jurisdiction of the Rhode Island General Assembly by specifying its exclusive authority to approve or deny project plans for the location and construction of oil refineries within the state. Notably, the bill removes the General Assembly's jurisdiction over nuclear plant projects, which were previously included under the same section.

The legal language inserted into the current law emphasizes the General Assembly's exclusive right to approve or deny oil refinery project plans, while the deletion removes the reference to nuclear plants, indicating that the General Assembly will no longer have the authority to approve or deny the construction of nuclear plants. The act is set to take effect upon passage, and the explanation provided by the Legislative Council clarifies that the purpose of the act is to exempt nuclear plant projects from requiring approval from the General Assembly for their construction.

Statutes affected:
7585: 42-64-14.1