The bill proposes amendments to the General Laws of Rhode Island to bolster funding and support for climate change initiatives and oil spill prevention efforts. A new restricted receipt account named “RGGI-executive climate change coordinating council projects” is established to manage funds for climate-related projects, with the state budget officer authorized to create necessary sub-accounts. Additionally, the bill modifies the oil spill response and prevention fee, increasing the minimum fee from five cents ($0.05) to ten cents ($0.10) per barrel of petroleum products, ensuring that a portion of the collected fees is allocated for coastal and estuarine habitat restoration. Moreover, the bill expands the purposes of the Underground Storage Tank Financial Responsibility Fund to include support for projects aimed at reducing emissions and achieving climate goals as directed by the executive climate change coordinating council. It allows funds to be utilized for research and development related to pollution from oil and petroleum products, as well as for initiatives aligned with the objectives of the 2021 Act on Climate. These amendments reflect a strong commitment to addressing climate change and enhancing environmental protection through improved funding mechanisms and strategic resource allocation. The changes will take effect immediately upon passage.