AN ACT RELATING TO MAKING REVISED APPROPRIATIONS IN SUPPORT OF FY 2026 RELATING TO ROGER WILLIAMS MEDICAL CENTER AND OUR LADY OF FATIMA HOSPITAL

Summary

The bill lets Rhode Island fund a debt‑service reserve of no more than $18 million to support revenue bonds that will finance the purchase of Roger Williams Medical Center and Our Lady of Fatima Hospital by CharterCARE Health. The money comes from the state’s supplemental budget reserve and does not create new state debt. The goal is to keep the hospitals financially viable and protect roughly 2,700 jobs.

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