Rhode Island H8315 sets the allocation to RIPTA at $0.1175 per gallon or 29.375% of total proceeds, whichever is greater.

Rhode Island H8315 establishes the allocation rate for the Rhode Island Public Transit Authority (RIPTA) at the greater of $0.1175 per gallon or 29.375% of total proceeds, effective from fiscal year 2027 onwards. Half of this allocation, $0.005 per gallon, is derived from the $0.01 per gallon environmental protection fee. The remaining funds are available for general revenue, with specific allocations for fiscal years 2000 through 2025. The act also outlines the distribution of funds to the elderly/disabled transportation program and the Rhode Island Turnpike and Bridge Authority.

Rhode Island H8315 sets the allocation to RIPTA at $0.1175 per gallon or 29.375% of total proceeds, whichever is greater.

Rhode Island H8315 establishes the allocation rate for the Rhode Island Public Transit Authority (RIPTA) at the greater of $0.1175 per gallon or 29.375% of total proceeds, effective from fiscal year 2027 onwards. Half of this allocation, $0.005 per gallon, is derived from the $0.01 per gallon environmental protection fee. The remaining funds are available for general revenue, with specific allocations for fiscal years 2000 through 2025. The act also outlines the distribution of funds to the elderly/disabled transportation program and the Rhode Island Turnpike and Bridge Authority.