NEW: Chafee Signs Law to Allow Bryant to Be Taxed
Thursday, July 11, 2013
Governor Chafee signed into law today legislation requiring Bryant University and the Town of Smithfield to negotiate a memorandum of agreement regarding payment for police, fire, and rescue services. In the absence of an agreement by March 1, 2014, Bryant University would begin reimbursing the town for such services.
The bills, House Bill 5083 Aaa and Senate Bill 0026 Aaa, were strongly opposed by Bryant University.
Statement from Governor Chafee:
"I believe that the Town of Smithfield and the University have an opportunity to collaborate and work out an agreement that is beneficial to both entities. Fostering a strong relationship takes a lot of work and requires both parties to participate wholeheartedly.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTI support the bills, sponsored by Representative Thomas Winfield and by Senator Stephen Archambault, and passed by the General Assembly, that focuses on improving the relationship through good faith negotiations. This legislation is not about taxing a non-profit or undermining its IRS protections, but it is about bringing both partners to the table to strike a balanced and fair relationship.
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