AN ACT RELATING TO TAXATION -- PERSONAL INCOME TAX

SB 2536 modifies Rhode Island's personal income tax code to exclude up to $25,000 of social security income from taxable income for residents. This change applies to tax years beginning on or after January 1, 2027, directly affecting Rhode Island residents receiving social security benefits. The bill amends Section 44-30-12 to add this exclusion as a modification reducing federal adjusted gross income. It does not change other tax provisions but specifically lowers taxable income for qualifying social security recipients. The bill is currently pending in the Senate Finance Committee after introduction on February 13, 2026.