This bill proposes a bond referendum to issue $25 million in general obligation bonds to support the state's 2026 capital development program, specifically aimed at enhancing the bicycle mobility plan. The plan, which was adopted in December 2020, outlines a 20-year implementation schedule for projects designed to improve safety, mobility, and connectivity for cyclists across Rhode Island.

The referendum will be presented to voters during the general election on November 3, 2026, allowing them to approve or reject the proposed bond issuance. If approved, the funds will be utilized to create a seamless off-road and on-street bicycle network throughout the state.

The bill also includes provisions for the issuance and management of the bonds, ensuring that the funds are allocated appropriately for the intended projects. Additionally, it allows for the acceptance of federal assistance and private funds to further support the initiative. Sections 1, 2, 3, 4, and 12 of this act would take effect upon passage, while the remaining sections would take effect only if the state board of elections certifies that a majority of qualified electors voting on the proposition have indicated their approval.