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Picard named chairman of Senate Corporations Committee

January 4, 2013

PROVIDENCE — Woonsocket Sen. Roger A. Picard has been named chairman of the powerful Senate Corporations Committee after serving on that body for only four years, starting the year after he arrived in the Senate from the House of Representatives.
Formerly the vice chairman of the panel, Picard succeeds Cranston Sen. Joshua Miller, who was named chairman of the Committee on Health and Human Services.
The Corporations Committee considers legislation and matters relating to financial institutions, business regulation, property and casualty insurance, technology and telecommunications.
In his time on the panel, Picard sponsored legislation to require security cameras trained on night
deposit areas at all financial institutions. The need for such legislation came to his attention after a gas station manager was robbed and fatally shot at a bank in his district in 2010. Last year, in the interest of supporting charity fundraising and encouraging more merchants to donate, he sponsored legislation, later signed into law, exempting gift cards or gift certificates given to a nonprofit corporation or association for fundraising purposes from a law that prohibits expiration dates on gift cards and certificates.
“It's an honor to be chosen to lead the Corporations Committee,” Picard said in a written statement. “Our work has a significant impact on Rhode Islanders' everyday lives and the bills we review are often very complex, so we have a responsibility to be diligent and careful to protect the interests of the people of our state.”
In addition to serving on the Corporations Committee, Chairman Picard has also served on the Senate Labor Committee since 2008.
Besides Picard and Miller, new committee chairs appointed Wednesday include Sen. James Sheehan of North Kingstown to the Government Oversight Committee, Sen. Juan Pichardo of Providence to lead the Housing and Municipal Government Committee and Sen. Erin Lynch of Warwick, who will chair the Senate Rules Committee.

Read more in our print edition.

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