Rhode Island H7673 authorizes the Department of Environmental Management to lease marine facilities for up to 40 years.

Rhode Island H7673 allows the Department of Environmental Management to enter into leases of up to forty (40) years at State Pier #9 in Newport, Chase Marina in Tiverton, and all other ports and marine facilities owned and operated by the department. The bill specifies that these leases can be for commercial fishing industry-related purposes and for any rent, with provisions deemed advantageous to the state. The act takes effect upon passage.

Rhode Island H7673 authorizes the Department of Environmental Management to lease marine facilities for up to 40 years.

Rhode Island H7673 allows the Department of Environmental Management to enter into leases of up to forty (40) years at State Pier #9 in Newport, Chase Marina in Tiverton, and all other ports and marine facilities owned and operated by the department. The bill specifies that these leases can be for commercial fishing industry-related purposes and for any rent, with provisions deemed advantageous to the state. The act takes effect upon passage.