Increases conveyance tax for residential properties sold above $2,000,000 to a rate of $3.30 per $500, to be collected for RI housing for elderly affordable housing development. Provides and exemption to any entity developing elderly affordable housing.
Increases the income range up to fifty thousand dollars ($50,000) and tax credit up to eight hundred fifty dollars ($850), for elderly and disabled persons who own or rent their homes.
Ensures that independent pharmacies are protected from pharmacy benefit discrimination toward non-affiliated pharmacies and helps protect consumers' ability to choose local, independent pharmacies.
Amend the standards for issuing Medicare supplemental insurance policies.
Requires that healthcare entities and network plans, eff. 1/1/25, include provision in every contract with a provider of mental health/substance use disorders that rates paid pursuant to the contract would be subject to a rate increase at least annually.
Restricts audits of pharmacists conducted by insurers and their intermediaries, limiting audits to 1 per year unless fraud or misrepresentation is reasonably suspected. The Rhode Island attorney would have the authority to impose sanctions for violations.
Provides tax credits to any private entity that gives paid time off to an employee who is an organ donor.
Prohibits insurance companies from paying a rate that is less than the approved Medicaid rate set by the executive office of health and human services.
Submits 2024 capital development program requesting the issuance of $100,000,000 in general obligation bonds to the voters for approval at the November 8, 2024, general election.
