The bill outlines the appropriations for the fiscal year ending June 30, 2027, allocating over $4 billion across various state departments and initiatives, with significant funding directed towards health and human services, education, and economic development. Key allocations include mobile response services for uninsured youth, domestic violence prevention, and support for veterans. The bill also emphasizes workforce training and community services, ensuring that state funds are effectively utilized to enhance public services and infrastructure. Additionally, it mandates the Rhode Island Commerce Corporation to distribute airport impact aid based on passenger statistics and landings.
Furthermore, the bill introduces several amendments to existing laws, including the establishment of a health spending accountability and transparency program aimed at curbing healthcare spending growth and promoting affordability. It also proposes the "Rhode Island Marketplace Affordability Program Act of 2026," which aims to reduce health insurance premiums for low- and moderate-income consumers. The program may provide state-based subsidies to individuals enrolled in health insurance coverage through the Rhode Island health benefit exchange to make health insurance coverage more accessible and affordable. The bill includes provisions for the adoption of annual affordability percentages and the establishment of rules and regulations necessary to carry out the program. Overall, the legislation reflects a comprehensive approach to funding critical state services while enhancing transparency and accountability in healthcare spending.
Statutes affected: 7127: 35-4-27, 39-18.1-5, 23-24.12-3, 42-12-1.5, 42-17.1-2, 42-64.21-9, 42-64.22-15, 42-64.23-8, 42-64.24-8, 42-64.26-12, 42-64.27-6, 42-64.28-10, 42-140-3, 44-48.3-14, 46-15.1-5, 46-15.1-19.1, 44-34.1-2, 45-2-35.1, 16-7-41.1, 16-7.2-3, 16-105-3, 16-113-10, 45-38.2-2, 23-17-38.1, 42-7.2-5, 42-166-2, 39-1-27.7, 39-2-1.2, 39-2.2-2, 39-26.1-4, 39-26.4-2, 39-31-11, 42-14.5-2.1