This bill proposes a bond measure to be presented to the voters of Rhode Island during the general election in November 2026, seeking approval for the issuance of up to thirty-six million dollars ($36,000,000) in general obligation bonds. The funds raised through these bonds will be allocated for projects related to the Boys and Girls Clubs of Rhode Island, including improvements and renovations at various locations throughout the state.

Specific projects include upgrades to facilities in Newport County, Cumberland-Lincoln, East Providence, Pawtucket, Providence, and the establishment of a Neurodivergent Boys & Girls Club in Warwick, all aimed at enhancing safety, accessibility, and programming for youth.

The bill outlines the process for the issuance and management of these bonds, including provisions for refunding bonds, the establishment of a capital development bond fund, and the authority of the general treasurer and governor in overseeing the bond issuance. It also stipulates that all bonds will be exempt from state taxation and will be general obligations of the state, ensuring that the full faith and credit of Rhode Island backs them.

Sections 1, 2, 3, 11, 12, and 13 of this act would take effect upon passage, while the remaining sections would take effect only after the state board of elections certifies that a majority of the qualified electors voting on the proposition have indicated their approval.