Budget & Taxes

passed · Rhode Island · Senate Jun 5, 2026

SB 2847: 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 & TaxesBill caps interest rates and limits audit periods, reducing excessive state revenue collection and protecting taxpayers from prolonged financial burdens.85% confidence

Sub-Topics Audits & Accountability Business Taxes Sales Tax

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in committee · Rhode Island · Senate May 12, 2026

SB 2809: AN ACT RELATING TO TAXATION -- EMPLOYEE OWNERSHIP TAX CREDIT

This bill creates a tax credit for businesses in Rhode Island that transition to employee ownership models, such as employee stock ownership plans, worker cooperatives, or employee ownership trusts. The credit covers up to 50% of conversion costs, with a maximum of $100,000 for full employee ownership transitions or $25,000 for partial equity structures, and allows an additional $25,000 credit for expanding existing employee ownership programs. To qualify, businesses must grant at least 20% ownership rights to eligible workers and provide them with decision-making rights comparable to current shareholders. The tax credit applies to income tax years between January 1, 2026, and January 1, 2029, and requires businesses to apply through the state Department of Revenue for certification.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credits for businesses transitioning to employee ownership, providing fiscal incentives that promote economic development and workforce stability while generating revenue through tax credits.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill provides tax incentives for businesses transitioning to employee ownership models, strengthening worker equity and ownership rights.85% confidence

Sub-Topics Income Tax Tax Credits Professional Licensing

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died · Rhode Island · Senate Apr 28, 2026

SB 2820: AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- DEPARTMENT OF ENVIRONMENTAL MANAGEMENT

Establishes an agricultural restricted receipt account within the department of environmental management. An advisory committee to be established to determine suggested uses of the funds in said account.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a new restricted receipt account within state department, creating additional funding mechanism for environmental management activities.75% confidence

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died · Rhode Island · Senate May 7, 2026

SB 3126: AN ACT RELATING TO TAXATION -- SALES AND USE TAXES--LIABILITY AND COMPUTATION

This bill exempts parking fees for municipally operated beach parking in Middletown from Rhode Island sales tax. It amends existing state tax laws to clarify how various services, including transportation, pet care, and parking, are defined and taxed. The legislation specifically removes Middletown beach parking from the general definition of taxable parking services while maintaining tax liability for other parking facilities.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill exempts parking fees from sales tax, providing tax relief to residents and businesses, which aligns with fiscal support for taxpayers.75% confidence

Sub-Topics Sales Tax

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died · Rhode Island · Senate May 5, 2026

SB 2845: AN ACT RELATING TO HEALTH AND SAFETY -- THE RHODE ISLAND FAMILY HOME--VISITING ACT

Changes annual reporting requirements for the state’s family home-visiting program and also impacts appropriation and spending of funds in order to access maximum federal funding for these programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill adjusts reporting to secure maximum federal funding for family home-visiting programs, indicating support for funding essential services75% confidence

Sub-Topics Appropriations

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died · Rhode Island · House Apr 14, 2026

HR 8317: JOINT RESOLUTION MAKING AN APPROPRIATION OF $5,000,000 TO THE RHODE ISLAND PUBLIC TRANSIT AUTHORITY

Authorizes the appropriation of the sum of five million dollars ($5,000,000) to the Rhode Island Public Transit Authority to continue services, fills the budget deficit and restore service cuts, and implements the State's Act on Climate.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates $5M to Rhode Island Public Transit Authority to fund services, fill budget deficit, and restore service cuts, directly advancing budget and fiscal management.95% confidence ✓ EnergySupports EnergyBill funds Rhode Island Public Transit Authority to implement State's Act on Climate, indirectly supporting energy transition through public transit infrastructure.75% confidence ✓ EnvironmentSupports EnvironmentBill explicitly states it implements the State's Act on Climate, indicating environmental protection intent through transit funding.85% confidence ✓ TransportationSupports TransportationBill appropriates $5M to Rhode Island Public Transit Authority to continue services, fill budget deficit, restore service cuts, and implement climate act, directly supporting public transportation.95% confidence

Sub-Topics Appropriations State Budget Public Transit

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died · Rhode Island · Senate May 28, 2026

SB 2833: AN ACT RELATING TO TAXATION -- RHODE ISLAND LOCAL INVESTMENT TAX CREDIT ACT

This bill creates a tax credit program to encourage investments in small Rhode Island businesses with 99 or fewer employees. Under the new Rhode Island Local Investment Tax Credit Act, eligible taxpayers who invest in qualifying local businesses could receive a 50% tax credit, up to a maximum of $3,000 per business and $3,000 total per year. To qualify, the business must be headquartered in Rhode Island, derive at least 80% of its revenue from state operations, and hold at least 80% of its assets within the state. The state would annually appropriate funds from the general fund to offset any revenue loss from the tax credits, and the Rhode Island Commerce Corporation Strategic Fund would manage the certification process for eligible investments.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credits for small business investments, promoting economic growth and providing tax relief while encouraging local business development.85% confidence

Sub-Topics State Budget Tax Credits Tax Incentives

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died · Rhode Island · Senate May 5, 2026

SB 2831: AN ACT RELATING TO HEALTH AND SAFETY -- PRIMARY CARE TRAINING SITES PROGRAM

Appropriates two million seven hundred thousand dollars ($2,700,000) to fund the primary care training sites program to provide training for physicians, nurse practitioners and physician assistants within the department of health.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates $2.7M to fund primary care training sites program, directly increasing government spending for public health services95% confidence ✓ HealthcareSupports HealthcareBill allocates $2.7M to fund primary care training sites for physicians and nurse practitioners, directly strengthening healthcare workforce development.95% confidence

Sub-Topics Healthcare Workforce Primary Care

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died · Rhode Island · House May 7, 2026

HB 8338: AN ACT RELATING TO TAXATION -- PERSONAL INCOME TAX

Establishes a child tax credit in the amount of six hundred fifty dollars ($650) for eligible taxpayers adjusted for inflation annually commencing January 1, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a child tax credit providing tax relief to eligible taxpayers, which aligns with supporting budget and tax policies by offering financial assistance to families.90% confidence

Sub-Topics Income Tax Tax Credits Tags Children

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in committee · Rhode Island · Senate Mar 30, 2026

SB 3133: AN ACT RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION

Establishes a restricted receipt account for the benefit of the Rhode Island public transit authority, funded by sales taxes collected from ride-share companies, which said sales taxes would be exempt from indirect cost recovery provisions.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes a dedicated funding source for public transit through sales taxes, increasing government revenue for essential public services.90% confidence ✓ TransportationSupports TransportationBill creates dedicated funding for public transit through ride-share sales taxes, directly supporting transportation infrastructure and public transit services.90% confidence

Sub-Topics Sales Tax Public Transit Transportation Funding

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