The R.I. Senate on Monday approved the $8.7 billion state budget for fiscal 2015 by a vote of 32-5, submitting for the governor’s signature a spending plan that cuts the state’s corporate and estate taxes, provides for repayment of the 38 Studios bonds, eliminates the Sakonnet River Bridge tolls and adds $33.4 million in education funding.
PROVIDENCE – The state will receive an estimated $1.9 million to assist fishermen under a compromise reached by state fishery directors from Rhode Island, Connecticut, Maine, Massachusetts, New Hampshire and New York and the National Marine Fisheries Service.
WINDSOR, Mass. – A proposed natural gas pipeline expansion has drawn opposition from more than a dozen towns in the state near the potential path of the 250-mile project, The Associated Press reported.
Rep. Karen MacBeth is in a high-visibility position chairing the House Committee on Oversight and charged with overseeing an inquiry into the failed 38 Studios video game company and the state’s $75 million loan guarantee to the business. more
Despite the short-term hit that reauthorizing the Historic Preservation Investment Tax Credit delivered to state finances, Gov. Lincoln D. Chafee and the General Assembly did the correct thing in the fiscal 2014 budget by restarting the program.
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