This explainer presents both sides based on the measure's text. It does not recommend a vote.
Plain English Summary
This proposed bond measure would allow Rhode Island to borrow money to fund improvements to state infrastructure and make the state more prepared for climate change impacts. The bond would need to be paid back over time through state finances, likely affecting the state budget for years to come.
If YES
Rhode Island would receive funding to upgrade roads, bridges, water systems, and other critical infrastructure
confidence: high
The state would have money available for climate resilience projects like flood protection and storm preparedness
confidence: high
Infrastructure improvements could create jobs and stimulate economic activity
confidence: medium
The state's infrastructure would be better prepared to handle future climate challenges
confidence: medium
If NO
Rhode Island would not take on additional debt from this bond
confidence: high
Infrastructure and climate resilience projects would need to be funded through other sources or delayed
confidence: high
The state would avoid long-term debt payments and interest costs associated with the bond
confidence: high
Taxpayers would not face potential future tax increases needed to pay back the bond
confidence: medium
Financial impact
Fiscal impact analysis not yet available. The measure would create new state debt that would need to be repaid over time, but the specific amount and repayment terms are not known from the title alone.
TL;DR
Rhode Island voters would decide whether to approve borrowing money for infrastructure improvements and climate resilience projects.
Limitations
Based on measure title only — full text analysis may reveal additional details