| RI | S2322 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION -- LIFE ESTATE - Entitles holders of a life estate to real property to use any veteran's tax exemptions available to them.
[Detail][Text][Discuss] | 2024-05-03
[Hearing: May 7]
To Senate Finance Committee |
| RI | S2575 | Intro
25% | TAXATION -- PERSONAL INCOME TAX -- CHILD TAX CREDIT - Establishes a child tax credit of one thousand dollars ($1,000) per dependent.
[Detail][Text][Discuss] | 2024-05-03
[Hearing: May 7]
To Senate Finance Committee |
| RI | S2966 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Provides a tax exemption to residents of the Town of Bristol who are over the age of sixty-five (65) years and who have continuously owned and resided in their primary residence in the town for at least twen...
[Detail][Text][Discuss] | 2024-05-03
[Hearing: May 9]
To Senate Housing and Municipal Government Committee |
| RI | S2986 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Increases the real property exemptions of veterans and the elderly residing in the Town of West Warwick.
[Detail][Text][Discuss] | 2024-05-03
Placed on Senate Calendar (05/07/2024) |
| RI | S3037 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Exempts the Center for Mediation and Collaboration Rhode Island from taxation of the real property and tangible personal property located at 831 Bald Hill Road in the city of Warwick.
[Detail][Text][Discuss] | 2024-05-03
[Hearing: May 9]
To Senate Housing and Municipal Government Committee |
| RI | S3033 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Imposes an additional local hotel tax in the city of Newport, at a rate of two and one-half percent (2.5%) to be retained and used for its public infrastructure and resiliency purposes.
[Detail][Text][Discuss] | 2024-05-03
[Hearing: May 9]
To Senate Finance Committee |
| RI | S2328 | Enroll
75% | TAXATION -- PROPERTY SUBJECT TO TAXATION -- TAX EXEMPTIONS -- JAMESTOWN - Grants the town of Jamestown the legal authority to grant a tax dollar reduction to gold star parents and to visually impaired persons.
[Detail][Text][Discuss] | 2024-05-02
Transmitted to Governor |
| RI | S2319 | Enroll
75% | TAXATION -- PROPERTY SUBJECT TO TAXATION -- TOWN OF JOHNSTON - Authorizes the town of Johnston to grant a tax credit to any person over the age of sixty-five (65) years.
[Detail][Text][Discuss] | 2024-05-02
Transmitted to Governor |
| RI | S2598 | Enroll
75% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Allows the town council of Portsmouth, by ordinance or resolution, to exempt Quaker Manor from valuation for taxation or to enter into tax abatement or payment in lieu of taxes agreements.
[Detail][Text][Discuss] | 2024-05-02
Transmitted to Governor |
| RI | S3024 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Exempts 30% of the lessor’s assessed real property tax expense over $19,500 for each calendar year remaining on the 10 year lease dated July 27, 2021, of Rhode Island Coalition Against Domestic Violence.
[Detail][Text][Discuss] | 2024-05-02
To Senate Finance Committee |
| RI | S3027 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Reduces the sales tax from seven percent (7%) to six and one-half percent (6 ½%).
[Detail][Text][Discuss] | 2024-05-02
To Senate Finance Committee |
| RI | S3031 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Removes the exemption from taxation granted to Bryant University located in Smithfield, RI subjecting the university to full taxation unless, the university and the town of Smithfield reach an agreement on p...
[Detail][Text][Discuss] | 2024-05-02
To Senate Finance Committee |
| RI | S3028 | Intro
25% | TAXATION -- LOW-INCOME HOUSING IMPROVEMENT TAX CREDIT - Establishes the Rhode Island low-income housing improvement tax credit program providing tax credits for a period of five (5) years to applicants that are competitively selected and that meet th...
[Detail][Text][Discuss] | 2024-05-02
To Senate Finance Committee |
| RI | S3032 | Intro
25% | TAXATION -- PERSONAL INCOME TAX - Authorizes a retroactive tax credit for tax yr 2022/thereafter/allowing investment tax credits to be passed through to the personal income tax returns of eligible Sub-S corporation shareholders/limited liability comp...
[Detail][Text][Discuss] | 2024-05-02
To Senate Finance Committee |
| RI | S2967 | Engross
50% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Exempts from taxation the real and tangible personal property of Wildlife Rehabilitators Association of Rhode Island (Wildlife Clinic of Rhode Island), a Rhode Island domestic nonprofit corporation, located ...
[Detail][Text][Discuss] | 2024-05-01
To House Municipal Government & Housing Committee |
| RI | S2372 | Intro
25% | TAXATION -- REAL ESTATE CONVEYANCE TAX - Increases conveyance tax for residential properties sold above $2,000,000 to a rate of $3.30 per $500, to be collected for RI housing for elderly affordable housing development. Provides and exemption to any e...
[Detail][Text][Discuss] | 2024-04-30
To Senate Finance Committee |
| RI | S2361 | Intro
25% | TAXATION -- REAL ESTATE CONVEYANCE TAX - Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $800,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within ...
[Detail][Text][Discuss] | 2024-04-30
To Senate Finance Committee |
| RI | S2092 | Pass | TAXATION -- PROPERTY SUBJECT TO TAXATION - Exempts from taxation the real and tangible personal property of the Johnnycake Center Realty Corporation, a domestic nonprofit corporation, located in South Kingstown.
[Detail][Text][Discuss] | 2024-04-29
Signed by Governor |
| RI | S2018 | Intro
25% | TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Includes non-owner-occupied residential properties used for short-term rentals for tourist or transient use to be assessed as Class 2 properties on or after the assessment date of December 31, 2024.
[Detail][Text][Discuss] | 2024-04-25
To Senate Housing and Municipal Government Committee |
| RI | S2327 | Intro
25% | TAXATION -- MOTION PICTURE PRODUCTION TAX CREDITS - Eliminates the sunset provision for the motion picture production tax credit.
[Detail][Text][Discuss] | 2024-04-25
To Senate Finance Committee |
| RI | S2959 | Intro
25% | TAXATION -- MOTION PICTURE PRODUCTION TAX CREDITS - Increase the motion picture tax credit to $10,000,000 and then to $15,000,000 for 2026 and the total available credits to $40,000,000 for 2025 and $50,000,000 for 2026 and eliminates the sunset prov...
[Detail][Text][Discuss] | 2024-04-25
To Senate Finance Committee |
| RI | S3004 | Intro
25% | TAXATION -- MOTION PICTURE PRODUCTION TAX CREDITS - Clarifies that all costs of goods used and services performed in Rhode Island shall qualify as state-certified production costs.
[Detail][Text][Discuss] | 2024-04-25
To Senate Finance Committee |
| RI | S2857 | Intro
25% | TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Amends provisions relative to the levy and assessment of local taxes and would provide that the city of Providence may adopt a tax classification with unrestricted tax rates for certain classes of prop...
[Detail][Text][Discuss] | 2024-04-24
To House Municipal Government & Housing Committee |
| RI | S2889 | Intro
25% | TAXATION -- TAX SALES - Defines who is eligible to bid at tax sales; Authorizes Rhode Island housing and mortgage finance corporation to use excess funds collected under § 34-27-3.2 to purchase at tax sale owner-occupied residences.
[Detail][Text][Discuss] | 2024-04-23
To Senate Judiciary Committee |
| RI | S2602 | Intro
25% | TAXATION -- NURSING FACILITIES PROVIDER ASSESSMENT ACT - Provides a definition for intermediate care facility for individuals with intellectual disabilities, includes the facilities under the nursing facility assessment, and includes a Medicaid Secti...
[Detail][Text][Discuss] | 2024-04-10
To Senate Finance Committee |
| RI | S2762 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION -- EXEMPTIONS - Exempts from taxation the real and tangible personal property of St. Elizabeth's Home, a Rhode Island domestic nonprofit corporation, located in East Greenwich, Warwick, and Providence, Rhode I...
[Detail][Text][Discuss] | 2024-04-10
To Senate Housing and Municipal Government Committee |
| RI | S2960 | Intro
25% | TAXATION -- PERSONAL INCOME TAX - Allows a modification to federal adjusted gross income of fifty thousand dollars ($50,000) of taxable pension and/or annuity income for tax years beginning on or after January 1, 2025.
[Detail][Text][Discuss] | 2024-04-05
To Senate Finance Committee |
| RI | S2961 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Exempts battery energy storage system equipment, solar thermal collectors for commercial applications and solar storage tanks that are part of a commercial solar hot water system from the...
[Detail][Text][Discuss] | 2024-04-05
To Senate Finance Committee |
| RI | S2335 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Exempts urban and small farmers from sales taxes, real, tangible and personal property taxes and income taxes. It also defines urban and small farmers and urban farmland.
[Detail][Text][Discuss] | 2024-04-04
To Senate Finance Committee |
| RI | S2350 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Exempts from taxation real and tangible personal property classified as industrial and would extend the exemption period from ten (10) years to twenty (20) years.
[Detail][Text][Discuss] | 2024-04-04
To Senate Finance Committee |
| RI | S2854 | Intro
25% | TAXATION -- MOTOR VEHICLE AND TRAILER EXCISE TAX ELIMINATION ACT OF 1998 - Repeals the provision setting a different timeline for reimbursement of East Providence for the FY 2025, and would bring East Providence in line with other municipalities in t...
[Detail][Text][Discuss] | 2024-04-04
To Senate Finance Committee |
| RI | S2191 | Intro
25% | TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Provides that the city of Warwick, no separate class or zoning district would be assigned/designated based solely on a scenic view, and no property in a particular class or zoning district would be ass...
[Detail][Text][Discuss] | 2024-03-28
To Senate Housing and Municipal Government Committee |
| RI | S2564 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Provides a tax upon the endowment of a private institution of higher education equal to two percent (2%) upon each dollar over $1,000,000,000.
[Detail][Text][Discuss] | 2024-03-28
To Senate Finance Committee |
| RI | S2639 | Intro
25% | TAXATION -- COLLECTION OF TAXES GENERALLY - Allows municipalities that issue tax bills via mail to develop programs to provide adequate notice through other digital means.
[Detail][Text][Discuss] | 2024-03-28
To Senate Housing and Municipal Government Committee |
| RI | S2931 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Provides a four (4) year expiration period on any certificate of exemption pursuant to this section for writers, composers and artists.
[Detail][Text][Discuss] | 2024-03-28
To Senate Finance Committee |
| RI | S2930 | Intro
25% | TAXATION -- PERSONAL INCOME TAX - Provides a tax credit to individual taxpayers who convert their gas-powered vehicle into a vehicle propelled by an alternative fuel source.
[Detail][Text][Discuss] | 2024-03-28
To Senate Finance Committee |
| RI | S2856 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Exempts from the sales and use tax the sale of beer and malt beverages at retail.
[Detail][Text][Discuss] | 2024-03-22
To Senate Finance Committee |
| RI | S2879 | Intro
25% | TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Provides that only residential properties and new or rehabilitated residential affordable housing units would be subject to the tax under § 44-5-13.1 relating to taxation of low-income housing.
[Detail][Text][Discuss] | 2024-03-22
To Senate Housing and Municipal Government Committee |
| RI | S2588 | Engross
50% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Exempts from taxation the real and tangible personal property of the Little Compton Game Club.
[Detail][Text][Discuss] | 2024-03-20
To House Municipal Government & Housing Committee |
| RI | S2313 | Intro
25% | TAXATION -- PERSONAL INCOME TAX - Allows a modification up to $50,000 of taxable pension and/or annuity income includible in federal adjusted gross income for tax years beginning on or after January 1, 2025.
[Detail][Text][Discuss] | 2024-03-12
To Senate Finance Committee |
| RI | S2362 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Exempts from taxation the real and tangible personal property of the Providence Preservation Society.
[Detail][Text][Discuss] | 2024-03-12
To Senate Finance Committee |
| RI | S2552 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Exempts the tangible personal property of Northwest Community Health Care d/b/a WellOne Primary Medical and Dental Care from taxation.
[Detail][Text][Discuss] | 2024-03-12
To Senate Finance Committee |
| RI | S2593 | Intro
25% | TAXATION -- BUSINESS CORPORATION TAX - Refunds to corporations with annual gross income of less than $400 the difference between the gross annual income and the $400 minimum tax imposed with the amount refunded capped at $400.
[Detail][Text][Discuss] | 2024-03-12
To Senate Finance Committee |
| RI | S2757 | Intro
25% | TAXATION -- TAX CREDIT FOR FOOD DONATION - Provides a tax credit for food donations by qualified taxpayers to nonprofit organizations up to five thousand dollars ($5,000) per year.
[Detail][Text][Discuss] | 2024-03-08
To Senate Finance Committee |
| RI | S2548 | Intro
25% | TAXATION -- RHODE ISLAND NEW QUALIFIED JOBS INCENTIVE ACT 2015 - Sunsets/discontinues the Jobs Development Act rate reduction as of July 1, 2024.
[Detail][Text][Discuss] | 2024-03-01
To Senate Finance Committee |
| RI | S2582 | Intro
25% | TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Authorizes reassessment of taxes on new construction from the date of issuance of the certificate of occupancy or the date it is first used, whichever is the earlier.
[Detail][Text][Discuss] | 2024-03-01
To Senate Finance Committee |
| RI | S2583 | Intro
25% | TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Provides that the city of Woonsocket not be required to accept additional residential properties subject to the alternative tax assessment due to its stock of affordable housing meeting the 10% housing...
[Detail][Text][Discuss] | 2024-03-01
To Senate Finance Committee |
| RI | S2596 | Intro
25% | TAXATION -- PERSONAL INCOME TAX -- CAPITAL GAINS - Amends the capital gains tax rates and holding period from 5 years to 1 year. Imposes a non-owner occupied tax on homes assessed at more than $1,000,000.
[Detail][Text][Discuss] | 2024-03-01
To Senate Finance Committee |
| RI | S2571 | Intro
25% | TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Limits real estate tax assessments for low- and moderate-income housing units to the last current sales price within a 5 year period.
[Detail][Text][Discuss] | 2024-03-01
To Senate Finance Committee |
| RI | S2590 | Intro
25% | TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Establishes a statewide limit of twelve percent (12%) per year on interest charged by cities and towns on delinquent taxes.
[Detail][Text][Discuss] | 2024-03-01
To Senate Finance Committee |
