§ 35-15-2. Definitions.
As used in this chapter:
(1) "College and university savings bond program� shall mean the program of encouraging
enrollment in institutions of higher education by providing for a method of investment.
(2) "General obligation bond acts� shall mean:
(i) Any future public law which authorizes the state to issue its general obligation bonds,
except those acts that expressly provide that this chapter shall not apply thereto;
and
(ii) The following authorized but unissued bond authorizations of the state:
(A) Ten million dollars ($10,000,000) for land acquisition-industrial development under
P.L. 1979, ch. 157;
(B) Sixty-four million, seven hundred thousand, dollars ($64,700,000) for the Narragansett
Bay water quality management district commission under P.L. 1980, ch. 342;
(C) One million dollars ($1,000,000) for the purpose of state water supplies under P.L.
1980, ch. 163;
(D) Four thousand, six hundred, dollars ($4,600) for behavioral healthcare, developmental
disabilities and hospitals under P.L. 1980, ch. 163;
(E) One million, three hundred ninety thousand, dollars ($1,390,000) for transportation
under P.L. 1982, ch. 344, as amended by P.L. 1982, ch. 455;
(F) Two million, one hundred ten thousand, dollars ($2,110,000) for children, youth and
families under P.L. 1982, ch. 344;
(G) Seven million dollars ($7,000,000) for transportation under P.L. 1983, ch. 332;
(H) Seven million, four hundred thousand, dollars ($7,400,000) for a water facilities
assistance program under P.L. 1983, ch. 332;
(I) Three million, four hundred forty thousand, dollars ($3,440,000) for behavioral healthcare,
developmental disabilities and hospitals under P.L. 1984, ch. 156;
(J) Five million dollars ($5,000,000) for environmental response fund-hazardous waste
under P.L. 1984, ch. 403;
(K) Two million, two hundred thousand, dollars ($2,200,000) for higher education under
P.L. 1984, ch. 156;
(L) Two million, twenty thousand, dollars ($2,020,000) for elementary and secondary education
under P.L. 1984, ch. 156;
(M) Four million, five hundred fifty-five thousand, dollars ($4,555,000) for sewerage
and water supply failure fund under P.L. 1984, ch. 420;
(N) Five million dollars ($5,000,000) for the emergency telephone system under P.L. 1984,
ch. 144;
(O) Five million, five hundred thousand, dollars ($5,500,000) for state house renovations
under P.L. 1985, ch. 367;
(P) Five million dollars ($5,000,000) for handicapped accessibility improvements under
P.L. 1985, ch. 367;
(Q) Sixteen million dollars ($16,000,000) for transportation under P.L. 1985, ch. 367;
(R) One million, eight hundred fifteen thousand, dollars ($1,815,000) for agricultural
land preservation under P.L. 1985, ch. 367;
(S) Nine million, six hundred eighty thousand, dollars ($9,680,000) for behavioral healthcare,
developmental disabilities and hospitals under P.L. 1985, ch. 367;
(T) Sixteen million dollars ($16,000,000) for asbestos abatement under P.L. 1985, ch.
366;
(U) Seven million, eight hundred twenty thousand, dollars ($7,820,000) for heritage preservation
under P.L. 1985, ch. 369;
(V) One million, five hundred thousand, dollars ($1,500,000) for underground storage tank
replacement under P.L. 1985, ch. 486;
(W) Thirty-five million dollars ($35,000,000) for the Clean Water Act environmental trust
fund under P.L. 1986, ch. 289;
(X) Eleven million, six hundred ninety thousand, dollars ($11,690,000) for behavioral
healthcare, developmental disabilities and hospitals under P.L. 1986, ch. 419;
(Y) Fifty-five million, four hundred ninety thousand, dollars ($55,490,000) for transportation
under P.L. 1986, ch. 419;
(Z) Thirteen million, six hundred thousand, dollars ($13,600,000) for water resources
under P.L. 1986, ch. 419;
(AA) Fifteen million, twenty-five thousand, dollars ($15,025,000) for environmental management
under P.L. 1986, ch. 419;
(BB) One million, five hundred eighty thousand, dollars ($1,580,000) for human services
under P.L. 1986, ch. 419;
(CC) Six million, five hundred thousand, dollars ($6,500,000) for children, youth and families
under P.L. 1986, ch. 419;
(DD) Two million dollars ($2,000,000) for hazardous waste under P.L. 1986, ch. 419;
(EE) Eight million, seven hundred thousand, dollars ($8,700,000) for higher education facilities
under P.L. 1986, ch. 419;
(FF) Sixty-five million, two hundred thousand, dollars ($65,200,000) for open space and
recreational areas under P.L. 1987, ch. 425; and
(GG) Twelve million, twenty-five thousand, dollars ($12,025,000) for Blackstone Valley
district commission P.L. 1986, ch. 289;
(3) "Housing assistance downpayment savings bond program� shall mean the program of enhancing
the ability of residents of the state to purchase residential dwellings within the
state by providing for a method of savings and investment.
(4) "Institution of higher education� shall mean an educational institution situated within
or without this state which by virtue of law or charter is a public or other nonprofit
educational institution empowered to provide a program of education beyond the high
school level and which is accredited by a nationally recognized educational accrediting
agency or association and awards an associate's, bachelor's, or advance degree or
provides a program of not less than two (2) years' duration which is acceptable for
full credit toward a bachelor's degree.
(5) "Rhode Island savings bonds� shall mean general obligation bonds of the state which
are:
(i) Designated as general obligation savings bonds by the governor and the general treasurer;
and
(ii) Are issued under the provisions of the "general obligation and bonds acts�, as that
term is defined in paragraph (2).
(6) "State� shall mean the state of Rhode Island.
(7) "State of Rhode Island savings plan advisory board� or "advisory board� shall mean
the board created and established in § 35-15-3.