The bill is a comprehensive piece of legislation that amends various sections of the Rhode Island General Laws. It includes a wide range of topics, such as the distribution of hotel tax proceeds, the registration and regulation of short-term rental properties, the structure and responsibilities of the board of directors of corporations, the Rhode Island Regulatory Reform Act, housing policy, tax credits for development projects, and the regulation of medical marijuana and compassion centers. Key changes include the reallocation of hotel tax revenue, the requirement for short-term rental properties to register with the state, and the establishment of the Executive Office of Commerce.

The bill also addresses the regulation of cannabis cultivators, the protection of public school employees, the retirement system, marine fisheries management, cottage food manufacture, and the mortgage foreclosure process. It proposes the establishment of a legislative oversight committee for the Medical Marijuana Program, amends the Opioid Stewardship Act, and imposes a moratorium on new cannabis cultivator licenses. Additionally, the bill includes provisions for health insurance coverage for HIV prevention drugs, the issuance of driver privilege cards, and the regulation of low-speed vehicles. The bill is divided into three articles, with Article I taking effect on December 31, 2024, and Articles II and III effective upon passage. The bill aims to correct inconsistencies and update the statutes as recommended by the law revision office.

Statutes affected:
8325  SUB A: 42-61-14, 42-63.1-3, 42-63.1-14, 42-64.10-4, 42-64.10-7, 42-64.13-8, 42-64.14-13, 42-64.22-12, 42-64.23-6, 42-64.24-6, 42-64.26-9, 42-82-5, 42-102-6, 42-128-5, 42-128.1-5, 7-12.1-903.1, 7-13.1-812, 9-1-31, 16-16-1, 20-2.1-9, 21-27-6.2, 21-28.6-12, 21-28.11-7, 28-14-19, 21-31.1-15, 28-57-3, 31-10.4-1, 31-19.6-1, 34-27-3.2
8325: 42-61-14, 42-63.1-3, 42-63.1-14, 42-64.10-4, 42-64.10-7, 42-64.13-8, 42-64.14-13, 42-64.22-12, 42-64.23-6, 42-64.24-6, 42-64.26-9, 42-82-5, 42-102-6, 42-128-5, 42-128.1-5, 7-12.1-903.1, 7-13.1-812, 9-1-31, 16-16-1, 20-2.1-9, 21-27-6.2, 21-28.6-12, 21-28.11-7, 28-14-19, 21-31.1-15, 28-57-3, 31-10.4-1, 31-19.6-1, 34-27-3.2