The bill grants the city of Pawtucket the authority to issue bonds and notes up to $20 million to fund environmental infrastructure improvements for fiscal years 2026 and 2027. These improvements encompass a variety of projects, including the development and maintenance of parks, streets, recreation facilities, sidewalks, sewers, buildings, and bridges. The terms of the bonds include a maximum thirty-year maturity, with the first principal installment due within three years of issuance. The city treasurer and mayor are responsible for signing the bonds, while the city council will determine the specifics of the sale, such as amounts, denominities, maturities, and interest rates. Proceeds from the bond sales will be allocated to the design, construction, reconstruction, and repair of the projects, as well as to cover related costs.

Additionally, the bill allows the city council to issue temporary notes in anticipation of the bonds or incoming federal or state aid, with the provision that these notes must be payable within five years and cannot exceed the bond amount or estimated aid. The city treasurer is permitted to invest the proceeds from bonds, notes, or federal and state assistance until they are needed for the project. The bill also ensures the validity of the bonds and notes despite any changes in city officers and authorizes the city to apply for and expend federal or state grants for the act's purposes. The authority to issue bonds and notes will expire seven years after the act's effective date unless extinguished by a city council resolution. The act requires voter approval to take effect, with Sections 13 and 14 becoming effective upon passage and the remainder upon voter approval.