Establishes the first time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.
Imposes a conveyance tax on purchasers, of single-family residential properties, who are for- profit entities with over $15,000,000 in assets, at a rate of $6.90/$500, to be collected for housing production fund established in § 42-128-2.1.
Creates business tax credit for, eliminates sale tax on, eliminates income tax on the sale of, and creates a 10 year tax valuation freeze on newly renovated affordable housing.
Provides, for the tax year 2023 and thereafter, that any tax overpayment would be refunded with interest calculated at twelve percent (12%) compounded daily if not received by the thirtieth day of June in the subsequent year.
Amends the definition of "small employer" for purposes of the small employer health insurance availability act to mean a business employing less than one hundred (100) employees rather than fifty (50) employees.
Phases in an annual increase of the net taxable estate exemption by ten percent (10%) per year until the state exemption equals the federal exemption.
Requires that all inspections, cleaning and maintenance and repairs of sidewalks along state highway and municipal roads, with the exception of snow and ice removal, be the responsibility of the state.
This resolution would authorize the appropriation of the sum of $180,000 to the RI State Conservation Committee and its three Conservation Districts.
Requires an official declaration of war or an action to call forth the state militia by the United States Congress before members of the National Guard may be released from state control to participate in active duty combat.
Limits the governor to one thirty (30) day renewal of a declaration of emergency without a joint resolution of the general assembly.
