The bill amends Section 45-53-12 of the General Laws in Chapter 45-53, titled "Low and Moderate Income Housing," to establish an annual reporting requirement for the Rhode Island Department of Housing. The new legal language includes the insertion of "Annual report" as a section title and specifies that the Department of Housing will collect data on Section 8 Housing Choice Vouchers utilized by public housing authorities. The report will now be due on April 15 of each year, starting in 2026, instead of March 1, and will be made available on the Department of Housing's website for at least three years.

Additionally, the bill removes references to the "office of housing and community development (OHCD)" and replaces them with "department of housing." The report will include detailed information such as fees collected from developers, the number of unfunded vouchers, total vouchers received and utilized, and administrative fees for managing the vouchers. This change aims to ensure that the Department of Housing can access a full calendar year's worth of data for accurate reporting. The act will take effect upon passage.