SB 2233 establishes specific new funding categories to support school districts across Rhode Island. It provides state reimbursement for excess costs in special education (above a set threshold), career and technical education programs, pre-kindergarten access, and transportation for students attending out-of-district non-public schools. The bill also creates stabilization funds for Central Falls, Davies, and the Met Center schools, and offers regionalized school districts a temporary bonus (2% then 1% of state funding share) for their first two fiscal years. School districts seeking these funds must meet criteria set by the Department of Education, and funds are prorated if demand exceeds available appropriations.
Authorizes the tax administrator to waive interest and penalties on delinquent taxes paid in full during a one week amnesty period. Also reinstates a suspended driver’s license upon payment in full.
HB 7420 updates how state education funding is calculated to address inequities, primarily affecting school districts with high numbers of students in poverty. It introduces a new formula that factors in a district's revenue capacity and poverty levels to determine state aid, with a poverty loss stabilization fund for districts seeing aid drops over 2%. The bill also creates specific state-funded programs for special education costs, career and technical education, pre-K access, and stabilization for districts like Central Falls, Davies, and the Met Center. It requires the state to publish a report identifying unfunded district costs and share this with lawmakers and the public. These changes aim to adjust funding based on need while adding targeted support for specific educational programs and struggling districts.
SB 2024, the Rhode Island Climate Superfund Act of 2026, creates a fund to recover costs for climate adaptation projects from fossil fuel companies responsible for significant emissions. It targets companies that extracted or refined fossil fuels and caused over 1 billion tons of greenhouse gas emissions between 2000-2025, using a scientific method to calculate their proportional share. The law requires these companies to pay for "climate change response work" like coastal protection, flood infrastructure, heat mitigation, and ecosystem restoration projects already funded by taxpayers. The Department of Environmental Management will manage the fund and identify eligible projects, shifting costs from public budgets to polluters under a "polluter pays" principle.
SB 2022 repeals Rhode Island's minimum business corporation tax, which required corporations to pay at least $400 annually regardless of profits. This change directly affects corporations subject to Rhode Island's business tax, particularly those that would have owed the minimum amount under current law. The bill removes the $400 annual minimum tax provision (previously $450 for 2015-2016 tax years), meaning corporations will only pay tax based on their actual net income. The repeal takes effect upon the bill's passage.
Reinstates general revenue sharing of state aid among the 39 cities and towns in Rhode Island. The initial amount is based upon population, and increased annually thereafter based on the increase in the Consumer Price Index for all Urban Consumers.
Permits every municipality in the state to offer a homestead tax exemption of up to 20% of assessed value on residential properties, and also provides that municipalities that grant greater exemptions not be limited by this section.
Provides that a school district could elect and choose to not spend money on any mandate that is not fully funded through the state education aid formula.
HB 7038 establishes a uniform $70 fee for most routine court documents, including writs, citations, and subpoenas not specifically listed in existing fee schedules. This change directly affects sheriffs, sergeants, and constables who serve these documents, replacing variable fees with a set rate for unspecified cases. The bill standardizes fees to ensure a minimum $70 charge for these services, with all collected fees deposited as general revenue.
Mandates public schools (K-12) have one full-time certified social worker for every 250 students and allocates $2 million in the Fiscal Year 2025 budget for school districts and municipalities to hire additional social workers.
