| RI | S2157 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Creates a sales tax holiday on August 10 and 11, 2024.
[Detail][Text][Discuss] | 2024-01-24
To Senate Finance Committee |
| RI | S2167 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Exempts from the sales tax scalp hair prosthesis or wigs that are necessary due to hair loss from a medical condition.
[Detail][Text][Discuss] | 2024-01-24
To Senate Finance Committee |
| RI | S2171 | Intro
25% | TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Permits municipalities to enact ordinances that provides them the authority to organize local tax amnesty events once every three (3) years.
[Detail][Text][Discuss] | 2024-01-24
To Senate Finance Committee |
| RI | S2159 | Intro
25% | TAXATION -- PERSONAL INCOME TAX - Allows real property owner a one-time non-refundable tax credit for the actual costs of connecting a single family or multi-family dwelling to a municipal sewer system credited to the owner's personal or corporate in...
[Detail][Text][Discuss] | 2024-01-24
To Senate Finance Committee |
| RI | S2172 | Intro
25% | TAXATION -- PROPERTY SUBJECT TO TAXATION - Increases the minimum veterans' exemption from one thousand dollars ($1,000) to six thousand dollars ($6,000) with respect to municipal taxes.
[Detail][Text][Discuss] | 2024-01-24
To Senate Finance Committee |
| RI | S2166 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Exempts machinery and equipment used to provide broadband communications service the from the sales and use tax.
[Detail][Text][Discuss] | 2024-01-24
To Senate Finance Committee |
| RI | S2170 | Intro
25% | TAXATION -- INVESTMENT TAX CREDIT - Limits investment tax credit to manufacturers. Requires determination of goals, objectives and effectiveness of the credit. Repeals the specialized investment tax credit.
[Detail][Text][Discuss] | 2024-01-24
To Senate Finance Committee |
| RI | S2061 | Intro
25% | TAXATION -- PERSONAL INCOME TAX - Allows a modification to federal adjusted gross income for all social security income for tax years beginning on or after January 1, 2025.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2068 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Exempts the trade-in value of pickup trucks weighing fourteen thousand pounds (14,000 lbs.) or less from sales and use tax.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2052 | Intro
25% | TAXATION -- BUSINESS CORPORATION TAX - Repeals the corporation minimum tax.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2063 | Intro
25% | TAXATION -- PROPERTY TAX RELIEF - Increases the income range up to fifty thousand dollars ($50,000) and tax credit up to eight hundred fifty dollars ($850), for elderly and disabled persons who own or rent their homes.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2062 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Removes the exemption from the state hotel tax for residences rented in their entirety. Effective 1/1/2025.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2051 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Exempts reusable bags from the state sales tax.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2049 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Reduces the sales tax rate to 5%.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2134 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Exempts from sales tax the trade-in values of motorcycles as well the proceeds received as a result of an unrecovered stolen or total loss of a motorcycle.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2056 | Intro
25% | TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION - Eliminates the sales tax on taxi services and pet care services.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2064 | Intro
25% | TAXATION -- ESTATE AND TRANSFER TAXES -- LIABILITY AND COMPUTATION - Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2025.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2054 | Intro
25% | TAXATION -- PERSONAL INCOME TAX - Increases the state earned-income credit as of January 1, 2025 to seventeen percent (17%) of the federal earned-income credit, not to exceed the amount of state income tax.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2058 | Intro
25% | TAXATION -- PERSONAL INCOME TAX - Increases the federal adjusted gross income threshold for modification for taxable social security income. Amends references to federal adjusted gross income as pertains to modification of taxable retirement income f...
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2067 | Intro
25% | TAXATION -- PERSONAL INCOME TAX - Amends modifications to income tax for residents to now include an exemption for a foreign service officer's pension.
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2065 | Intro
25% | TAXATION -- ESTATE AND TRANSFER TAXES -- LIABILITY AND COMPUTATION - Increases the net taxable estate exemption to three million six hundred thousand dollars ($3,600,000) on January 1, 2025. Also increases the exemption by one million dollars ($1,000...
[Detail][Text][Discuss] | 2024-01-12
To Senate Finance Committee |
| RI | S2012 | Intro
25% | TAXATION -- SURPLUS FUNDS TAX CREDIT ACT - Mandates that any surplus state tax revenue received in any fiscal year be refunded to the taxpayers of this state on a proportional basis in relation to the personal income tax liability incurred by the tax...
[Detail][Text][Discuss] | 2024-01-10
To Senate Finance Committee |
| RI | H7120 | Intro
25% | TAXATION -- PERSONAL INCOME TAX - Allows a deduction from federal adjusted gross income for interest payments on outstanding student loans.
[Detail][Text][Discuss] | 2024-01-10
To House Finance Committee |
| RI | H7024 | Intro
25% | TAXATION -- BUSINESS CORPORATION TAX - Allows cannabis establishments, as defined pursuant to § 21-28.11-3, to claim any deduction to income that would be allowable under the laws of the United States but for 26 U.S.C. § 280E.
[Detail][Text][Discuss] | 2024-01-05
To House Finance Committee |
