Definitions.

As used in this chapter: (1) €œCollege and university savings bond program€ shall mean the program of encouraging enrollment in institutions of higher education by providing for a method of investment. (2) €œGeneral obligation bond acts€ shall mean: (i) Any future public law which authorizes the state to issue its general obligation bonds, except those acts that expressly provide that this chapter shall not apply thereto; and (ii) The following authorized but unissued bond authorizations of the state: (A) Ten million dollars ($10,000,000) for land acquisition-industrial development under P.L. 1979, ch. 157; (B) Sixty-four million, seven hundred thousand, dollars ($64,700,000) for the Narragansett Bay water quality management district commission under P.L. 1980, ch. 342; (C) One million dollars ($1,000,000) for the purpose of state water supplies under P.L. 1980, ch. 163; (D) Four thousand, six hundred, dollars ($4,600) for behavioral healthcare, developmental disabilities and hospitals under P.L. 1980, ch. 163; (E) One million, three hundred ninety thousand, dollars ($1,390,000) for transportation under P.L. 1982, ch. 344, as amended by P.L. 1982, ch. 455; (F) Two million, one hundred ten thousand, dollars ($2,110,000) for children, youth and families under P.L. 1982, ch. 344; (G) Seven million dollars ($7,000,000) for transportation under P.L. 1983, ch. 332; (H) Seven million, four hundred thousand, dollars ($7,400,000) for a water facilities assistance program under P.L. 1983, ch. 332; (I) Three million, four hundred forty thousand, dollars ($3,440,000) for behavioral healthcare, developmental disabilities and hospitals under P.L. 1984, ch. 156; (J) Five million dollars ($5,000,000) for environmental response fund-hazardous waste under P.L. 1984, ch. 403; (K) Two million, two hundred thousand, dollars ($2,200,000) for higher education under P.L. 1984, ch. 156; (L) Two million, twenty thousand, dollars ($2,020,000) for elementary and secondary education under P.L. 1984, ch. 156; (M) Four million, five hundred fifty-five thousand, dollars ($4,555,000) for sewerage and water supply failure fund under P.L. 1984, ch. 420; (N) Five million dollars ($5,000,000) for the emergency telephone system under P.L. 1984, ch. 144; (O) Five million, five hundred thousand, dollars ($5,500,000) for state house renovations under P.L. 1985, ch. 367; (P) Five million dollars ($5,000,000) for handicapped accessibility improvements under P.L. 1985, ch. 367; (Q) Sixteen million dollars ($16,000,000) for transportation under P.L. 1985, ch. 367; (R) One million, eight hundred fifteen thousand, dollars ($1,815,000) for agricultural land preservation under P.L. 1985, ch. 367; (S) Nine million, six hundred eighty thousand, dollars ($9,680,000) for behavioral healthcare, developmental disabilities and hospitals under P.L. 1985, ch. 367; (T) Sixteen million dollars ($16,000,000) for asbestos abatement under P.L. 1985, ch. 366; (U) Seven million, eight hundred twenty thousand, dollars ($7,820,000) for heritage preservation under P.L. 1985, ch. 369; (V) One million, five hundred thousand, dollars ($1,500,000) for underground storage tank replacement under P.L. 1985, ch. 486; (W) Thirty-five million dollars ($35,000,000) for the Clean Water Act environmental trust fund under P.L. 1986, ch. 289; (X) Eleven million, six hundred ninety thousand, dollars ($11,690,000) for behavioral healthcare, developmental disabilities and hospitals under P.L. 1986, ch. 419; (Y) Fifty-five million, four hundred ninety thousand, dollars ($55,490,000) for transportation under P.L. 1986, ch. 419; (Z) Thirteen million, six hundred thousand, dollars ($13,600,000) for water resources under P.L. 1986, ch. 419; (AA) Fifteen million, twenty-five thousand, dollars ($15,025,000) for environmental management under P.L. 1986, ch. 419; (BB) One million, five hundred eighty thousand, dollars ($1,580,000) for human services under P.L. 1986, ch. 419; (CC) Six million, five hundred thousand, dollars ($6,500,000) for children, youth and families under P.L. 1986, ch. 419; (DD) Two million dollars ($2,000,000) for hazardous waste under P.L. 1986, ch. 419; (EE) Eight million, seven hundred thousand, dollars ($8,700,000) for higher education facilities under P.L. 1986, ch. 419; (FF) Sixty-five million, two hundred thousand, dollars ($65,200,000) for open space and recreational areas under P.L. 1987, ch. 425; and (GG) Twelve million, twenty-five thousand, dollars ($12,025,000) for Blackstone Valley district commission P.L. 1986, ch. 289; (3) €œHousing assistance downpayment savings bond program€ shall mean the program of enhancing the ability of residents of the state to purchase residential dwellings within the state by providing for a method of savings and investment. (4) €œInstitution of higher education€ shall mean an educational institution situated within or without this state which by virtue of law or charter is a public or other nonprofit educational institution empowered to provide a program of education beyond the high school level and which is accredited by a nationally recognized educational accrediting agency or association and awards an associate€™s, bachelor€™s, or advance degree or provides a program of not less than two (2) years€™ duration which is acceptable for full credit toward a bachelor€™s degree. (5) €œRhode Island savings bonds€ shall mean general obligation bonds of the state which are: (i) Designated as general obligation savings bonds by the governor and the general treasurer; and (ii) Are issued under the provisions of the €œgeneral obligation and bonds acts€, as that term is defined in paragraph (2). (6) €œState€ shall mean the state of Rhode Island. (7) €œState of Rhode Island savings plan advisory board€ or €œadvisory board€ shall mean the board created and established in § 35-15-3.