This resolution would authorize the appropriation of the sum of $100,000 to each public school in Rhode Island for school safety and security improvements.
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.
Amend the standards for issuing Medicare supplemental insurance policies.
Requires carriers offering dental benefit plans to annually submit information which includes the current and projected medical loss ratio for claims for their plans. The medical loss ratio would be eighty-five percent (85%).
Phases out the local meals and beverage tax by January 1, 2028.
Allows a minor between the ages of 14 - 17 without a permanent residence/in custody of the DCYF to get state identification card without a signature from parent, guardian or foster parent as well as a certified copy of minor's birth certificate at no cost
Provides a definition for "agricultural land" and removes the definition of "farmer" within the chapter on agricultural functions of the department of environmental management.
