Rhode Island Senate President M. Teresa Paiva Weed has filed legislation to overhaul the state Economic Development Corporation, after a review panel criticized the agency as ineffective and in need of fresh leadership.

The bill, submitted Wednesday, would expand the agency’s board from 8 members to 13 and allow Governor Carcieri to dismiss current members in February.

Carcieri, chairman of the EDC board, would have the power to appoint the additional five members immediately.

The bill is scheduled to be heard by the Senate Finance Committee at 3 p.m. Tuesday.

Full Story: R.I. Senate president seeks EDC overhaul Source: Providence Journal, June 2nd, 2009 Author: Benjamin N. Gedan Added on June 2nd, 2009 at 9:00 am, by Matt Mikula