The bill amends Section 42-64-14.1 of the General Laws concerning the Rhode Island Commerce Corporation, specifically addressing the approval process for oil refinery and nuclear plant projects. The new legal language establishes that the general assembly holds exclusive jurisdiction to approve or deny project plans for oil refineries. Additionally, the bill removes the requirement for nuclear plant projects to seek approval from the general assembly, thereby exempting them from this process. This change emphasizes the general assembly's authority over oil refinery projects while streamlining the process for nuclear plant projects. The act is set to take effect immediately upon passage.

Statutes affected:
5033: 42-64-14.1