Rep Santucci: 2026 S3127 - Municipal OPEB Funding Requirements - Senate Finance (52626)

Representative Paul Santucci (R District 53 - Smithfield, Glocester) and Auditor General David Bergentino testify before the Senate Finance Committee in support of 2026 Senate Bill 3127. This legislation amends audit compliance requirements, giving the Auditor General the authority to oversee municipal contributions to Other Post-Employment Benefits (OPEB) and requiring municipalities to fund these benefits at an actuarially determined rate to address long-term liabilities.

Senate Bill No. 3127
BY Raptakis, Burke, Quezada, LaMountain, Thompson
ENTITLED, AN ACT RELATING TO TOWNS AND CITIES -- AUDIT OF ACCOUNTS AND INSTALLATION OF SYSTEMS (Amends the audit compliance requirements for municipalities' contributions to pension plans under the budget of accounts and installation of systems chapter.)
{LC4503/1}
» http://webserver.rilegislature.gov/BillText/BillText26/SenateText26/S3127.pdf

State Representative Paul M. Santucci
» https://www.rihousegop.org/repsantucci.html

Rhode Island House Republicans
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