The bill amends Section 29-6-2 of the General Laws in Chapter 29-6, titled "State Aid to Libraries," to enhance support for public library services in Rhode Island. It introduces new findings emphasizing the importance of free public libraries in promoting education, cultural enrichment, and community support, particularly during the COVID-19 pandemic. The bill stipulates that the state's financial contribution to local public library services will be at least twenty-five percent (25%) of the amount appropriated and expended by each city or town in the second preceding fiscal year, including funds from private endowments, with a cap on matching endowment amounts at six percent (6%) of the average market value.

Additionally, the bill specifies that for fiscal year 2026, the state's contribution will be fixed at twenty-five percent (25%) of the previous year's appropriated and expended amounts, regardless of the endowment contributions. This change aims to ensure consistent funding for public libraries, reinforcing their role in the educational system and community support. The act will take effect upon passage.

Statutes affected:
5400: 29-6-2