Rhode Island Question 4: Cultural economy
Rhode Island · General obligation bond · Bonds · Statewide decision
Explanation reviewed 2026-10-27. AI-written and checked against linked official evidence; not an election-office summary.
AI-written summary
Would allocate $45 million to a State History Center in Providence and $5 million to historic-preservation grants for public and nonprofit facilities.
What applies now
The state has not yet received voter authorization for this specific bond package.
If yes / for
Approve the proposed borrowing.
If no / against
Reject this borrowing authorization.
Costs and funding
Principal: $50,000,000. The guide estimates $30,242,500 in interest and $80,242,500 total cost, including issuance costs, assuming 20-year repayment at 5%. Actual costs may differ.
Timing
Borrowing provisions take effect after certification of voter approval. Guide targets fall 2030 for the history center. Grants would start in 2027 and continue for three to five years.
Passage rule
A majority of votes cast on the individual bond question.