CULTURAL ECONOMY
fiscal_impact assembled from labeled cells of the handbook's cost table (values verbatim; table layout not reproducible as prose).
Rhode Island publishes no official pro/con arguments.
Ballot also carries the general question: "Shall the act passed by the General Assembly at the January 2026 session ... be approved ...?" (handbook p.8).
4. CULTURAL ECONOMY - $50,000,000 To provide funding for cultural economy efforts, to be allocated as follows: a. State History Center - $45,000,000 b. State Preservation Grants Program - $5,000,000
Your vote to “Approve” means that you support the State issuing $50,000,000 in general obligation bonds for cultural economy efforts.
Your vote to “Reject” means that you are against the State issuing $50,000,000 in general obligation bonds for cultural economy efforts.
a) State History Center - $45,000,000 Approval of this bond will provide forty-five million dollars ($45,000,000) to construct a cultural and educational destination within the State government complex in Providence. The State History Center will have exhibit space for some of Rhode Island’s most treasured historic documents, as well as a state-of-the-art space for storage of the most valuable documents and objects currently being held at the State Archives. To promote civic education and engagement, the State History Center will have a multi-purpose space ideal for interactive learning. b) State Preservation Grants Program - $5,000,000 Approval of this bond will provide five million dollars ($5,000,000) for the Rhode Island Historical Preservation and Heritage Commission to continue to administer multiple annual cycles of the State Preservation Grants Program. These grants provide funding to cities, towns, and nonprofit organizations to preserve, renovate, and improve public and nonprofit historic sites, museums, and cultural art centers located in historic structures and heritage museums throughout the state of Rhode Island.
How much money will be borrowed? $50,000,000; Total Costs $80,242,500. * Cost of issuance estimated at 0.4% of principal issued. ** Assumes an interest rate of 5%, with bonds amortized with level payments over 20 years.
Not published by the state
Not published by the state
Both columns use the same layout. Text is quoted from the official state guide. Views expressed belong to the argument authors.