Budget & Taxes

died · Rhode Island · House Apr 8, 2026

HB 7810: AN ACT RELATING TO TAXATION -- STATE TAX OFFICIALS

Caps delinquent tax interest rate at 12%. Prohibits audits beyond 3 years from date of tax filing, 7 years for fraudulent filings, and in no event beyond 10 years from date of filing or required filing date, whichever is later.

Topics ✓ Budget & TaxesSupports Budget & TaxesCaps delinquent tax interest at 12%, providing tax relief to taxpayers by limiting penalties on overdue payments.90% confidence

Sub-Topics Audits & Accountability Business Taxes Sales Tax

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died · Rhode Island · House Mar 3, 2026

HB 7663: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

Provides a totally and permanently disabled veteran with a one hundred percent (100%) exemption from local taxation on real or personal property including real property located in any fire or lighting district.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for disabled veterans, reducing their tax burden per bill's explicit language on property taxation.95% confidence ✓ VeteransSupports VeteransProvides 100% property tax exemption for totally disabled veterans, directly expanding their benefits and reducing financial burden.95% confidence

Sub-Topics Property Tax

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died · Rhode Island · House May 26, 2026

HB 8152: AN ACT RELATING TO AGRICULTURE AND FORESTRY -- FORESTRY AND FOREST PARITY ACT

Establishes sales and use tax exemptions for commercial forest product operations and creates a new motor vehicle registration for "forestry vehicles".

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax exemptions for forestry operations, providing targeted tax relief to the industry.90% confidence

Sub-Topics Sales Tax

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died · Rhode Island · Senate May 19, 2026

SB 2548: AN ACT RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX RELIEF ACT

Amends State funding calculations for special education, revising extraordinary cost calculations for FY 2028-2029, and providing additional funds for excess costs when special education students move into a district after the budget is approved.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides property tax relief and increases special education funding, aligning with tax relief and public service investment indicators.95% confidence ✓ EducationSupports EducationProvides additional funds for special education student cost coverage, directly increasing educational funding for districts.95% confidence

Sub-Topics Property Tax State Budget School Funding Special Education

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died · Rhode Island · Senate May 28, 2026

SB 2673: AN ACT RELATING TO TAXATION -- PERSONAL INCOME TAX

Provides modifications for payments of interest on student loans shall be subtracted from federal adjusted gross income to an amount equal to the payments of interest for the satisfaction of outstanding student loans.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllows subtraction of student loan interest from taxable income, providing direct tax relief for individuals, aligning with tax relief indicators for middle/lower income.95% confidence

Sub-Topics Income Tax

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died · Rhode Island · House Apr 29, 2026

HB 8193: AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX

Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $900,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates targeted real estate tax on high-value properties, directing revenue to affordable housing - a dedicated funding mechanism for public service.95% confidence ✓ HousingSupports HousingBill mandates conveyance tax revenue from high-value sales be used exclusively for affordable housing programs within 2 years, directly funding housing initiatives.95% confidence

Sub-Topics Affordable Housing Property Taxes

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died · Rhode Island · House Apr 14, 2026

HB 8197: AN ACT RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION

HB 8197 exempts the purchase of new or used bicycles and bicycle parts from state sales and use taxes. This directly affects consumers buying bikes or parts, as well as retailers selling them, by removing a tax burden on these items. The bill’s key mechanism is amending the tax code to specifically exclude bicycles and parts from taxable sales, simplifying the tax treatment for these goods. The bill was introduced on February 27, 2026, and referred to the House Finance Committee.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts bicycles from sales tax, providing tax relief for consumers and retailers, aligning with support indicators for middle-income tax reduction.90% confidence ✓ TransportationSupports TransportationExempts bicycle purchases from sales tax, promoting sustainable transportation use per policy indicators.85% confidence

Sub-Topics Sales Tax Bicycle Infrastructure

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died · Rhode Island · House Apr 14, 2026

HB 7698: AN ACT RELATING TO TAXATION -- TAX CREDIT FOR FOOD DONATION

HB 7698 creates a tax credit for businesses that donate "apparently wholesome food" (food safe for consumption meeting basic safety standards) to qualifying nonprofits. Businesses like restaurants, grocers, farms, and hospitals can claim a credit equal to 75% of the donated food's fair market value, capped at $5,000 annually per business. Nonprofits receiving donations must verify the food meets safety standards and is used to serve the needy, providing a certificate to the donor. The credit applies to taxes under specific chapters of the tax code and takes effect January 1, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit (75% of food value, capped at $5k) for businesses donating to nonprofits, providing tax relief while supporting food distribution programs.90% confidence

Sub-Topics Business Taxes Tax Credits

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died · Rhode Island · House Apr 8, 2026

HB 8187: AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX

HB 8187 makes tax credits for pass-through entities refundable, meaning businesses structured as pass-through entities (like S-corps or LLCs) can receive cash refunds if their credits exceed their tax liability. This directly affects qualifying businesses that currently can only use credits to reduce their tax bill, not receive payments. The bill changes the mechanism under Section 44-11-2.3 by allowing unused credits to be paid as cash refunds instead of being carried forward. It does not alter tax rates or create new obligations, only modifying how existing credits are applied.

Topics ✓ Budget & TaxesSupports Budget & TaxesMakes tax credits refundable for pass-through businesses, providing cash refunds instead of carry-forwards, directly reducing tax liability for qualifying entities.85% confidence

Sub-Topics Business Taxes Tax Credits

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in committee · Rhode Island · House Feb 12, 2026

HR 7812: JOINT RESOLUTION MAKING AN APPROPRIATION OF $3,500,000 FOR THE MESHANTICUT LAKE PAVED WALKING PATH IN CRANSTON

HR 7812 is a joint resolution appropriating $3.5 million from the state treasury for the restoration and enhancement of the paved walking path around Meshanticut Lake in Cranston, Rhode Island. The funds will address safety hazards like cracks and uneven terrain caused by wear and weather, with specific focus on resurfacing and structural improvements to ensure safe, accessible access for all users. This directly benefits Cranston residents - over 82,000 people - including park visitors of all ages, local youth athletes from schools like Cranston High School, and individuals with mobility impairments. The resolution authorizes the state controller to release the funds upon proper documentation, aiming to preserve the park as a key recreational resource.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $3.5M from state treasury for public infrastructure project, directly funding a community safety enhancement through budget allocation.95% confidence

Sub-Topics Appropriations

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