The resolution acknowledges Rhode Island's significant shoreline and its reputation as a prime location for sailing, particularly in Newport, which is known as the sailing capital of the world. It recognizes the positive economic impact of hosting sailing events, such as The Ocean Race North American Stopover. The Rhode Island Sailing Events Commission, which was established to support and advise on sailing and marine events in the state, is highlighted for its role in promoting such activities.

To support the efforts of the Rhode Island Sailing Events Commission, the resolution proposes an appropriation of $20,000 from the state treasury for the fiscal year 2024-2025. This funding is intended to assist the commission in attracting and evaluating nationally and internationally recognized sailing events, with the aim of boosting activity and interest in Rhode Island's marine and sailing opportunities. The state controller is authorized to release the funds as needed upon receipt of proper vouchers.