Rhode Island S2812 sets the state's share for public library services in fiscal year 2027 at 25% of the previous year's municipal funding.

Rhode Island S2812 amends the state aid to libraries, fixing the state's contribution to public library services in fiscal year 2027 at 25% of the amount appropriated and expended by the city or town in the second preceding fiscal year. This includes funding from local tax revenues and the library's private endowment. The bill emphasizes the importance of public libraries for education and cultural enrichment. The state's contribution will not exceed 6% of the three-year average market value of the endowment. The act takes effect upon passage.

Rhode Island S2812 sets the state's share for public library services in fiscal year 2027 at 25% of the previous year's municipal funding.

Rhode Island S2812 amends the state aid to libraries, fixing the state's contribution to public library services in fiscal year 2027 at 25% of the amount appropriated and expended by the city or town in the second preceding fiscal year. This includes funding from local tax revenues and the library's private endowment. The bill emphasizes the importance of public libraries for education and cultural enrichment. The state's contribution will not exceed 6% of the three-year average market value of the endowment. The act takes effect upon passage.