Establishes the Housing Flexible Spending Account Act of 2025 allowing Rhode Island employers to contribute pre-tax income into a housing flexible spending account (H-FSA), for employees to be used for qualified housing expenses.
Rep. Alex Finkelman
Sponsored bills
Allows the town of Middletown to adopt a tax classification plan for residential real estate which divides the class into non-owner and owner-occupied properties with separate tax rates.
Maddy summaryHR 6310 is a House Resolution that honors and thanks Donna Policastro for her fifty-six years of dedicated service as a registered nurse and administrator in Rhode Island. The resolution acknowledges her contributions to nursing, including her work on legislative improvements and her leadership roles.
Maddy summaryThis bill, HB 5760, proposes to increase the state's earned-income tax credit (EITC). Specifically, it would raise the credit from 20% to 30% of the federal EITC amount. This change would directly affect low-to-moderate income working individuals and families who are eligible for the federal credit, starting with tax year 2026.
Authorizes a retroactive tax credit for tax yr 2026/thereafter/allowing investment tax credits to be passed through to the personal income tax returns of eligible Sub-S corporation shareholders/limited liability company members who meet certain conditions
Generates an estate tax discharge upon the recording of a statement by the executor or other estate representative that the value of the decedent’s gross estate does not require a state or federal tax filing.
Maddy summaryHouse Bill 5403 proposes to repeal the state's corporation minimum tax. This change would directly affect all corporations, including certain small businesses, that are currently required to pay this minimum amount. The bill specifically removes the provision in state law that mandates a minimum tax payment, which is currently set at $400 for tax years beginning on or after January 1, 2017. If enacted, corporations would no longer be subject to this baseline tax.
Maddy summaryHB 6097, titled "Qualified Data Centers Location Incentive," aims to encourage the development and operation of data centers in Rhode Island. The bill amends existing state law to define "qualified data centers" and specify "eligible qualified data center costs" within the Rhode Island Commerce Corporation framework. It establishes tax exemptions for these qualified data centers and their colocation tenants. These incentives apply to expenditures made for developing, acquiring, constructing, or operating such facilities starting July 1, 2025.
Maddy summaryHR 6303 is a House Resolution that officially designates the second week of May 2025 as "Lung Cancer Action Week" in the State of Rhode Island. This resolution aims to increase public awareness regarding lung cancer education, research, screening, and treatment, with a focus on issues affecting minorities and individuals who have never smoked.
Maddy summaryHR 6078 is a joint resolution that appropriates $1,000,000 to 401 Tech Bridge. This funding is designated to study and explore seagliders in Rhode Island, in conjunction with the Rhode Island Seaglider Initiative (RISI). The bill directs 401 Tech Bridge to conduct a feasibility study to understand and assess the use and operation of these all-electric, passenger-carrying vehicles within the state. The aim is to determine how seagliders could benefit Rhode Island's economy and environment.