Imposes a tax equal to four percent (4%) on net investment income, such as interest, dividends, annuities, royalties, capital gains and rental income, of high-income households, estates and trusts, based upon federal guidelines.
Sen. Bridget Valverde
Sponsored bills
Creates the child-serving provider liability joint underwriting association to provide a joint underwriting association to provide liability insurance coverage for eligible child serving providers.
Makes sexual contact or penetration between any law enforcement officer that is on duty and a person that is a detainee, arrestee, in custody or a suspect a felony.
Expands the deinstitutionalization subsidy aid program in the department of behavioral healthcare, developmental disabilities and hospitals to include adoptive parent(s) or siblings(s).
Caps amount payable for 30 day supply of equipment/supplies for insulin administration/glucose monitoring at $25 or equipment designed to last more than 30 days with no deductible commencing January 1, 2027.
Caps the total amount that a covered person is required to pay for a covered prescription inhaler, prescription device, or prescription equipment to twenty-five dollars ($25.00) per thirty (30) day supply.
Updates the description of the early intervention program and the agency responsible for the program under Part C of the federal Individuals with disabilities education act.
Restricts application of pesticides and rodenticides at schools and childcare centers and requires schools to provide copies of notice to parents and guardians.
Maddy summarySB 2531 prohibits the construction and operation of new plastic waste conversion facilities in Rhode Island by banning permits for such projects. The bill specifically targets facilities marketed as "chemical," "advanced," or "molecular" recycling (including those using gasification, pyrolysis, or depolymerization) that process plastic waste into fuels or chemicals. It defines these facilities broadly, regardless of their marketing claims or claimed efficiency, and states they disproportionately impact low-income communities and communities of color due to toxic emissions and environmental risks. The law applies immediately upon passage, preventing new facilities from obtaining state approvals while acknowledging existing operations.
Maddy summarySB 2624 discontinues Rhode Island's Jobs Development Act tax rate reductions by July 1, 2026. It ensures companies that qualified for rate reductions under the program before July 1, 2015, can maintain their existing rates through June 30, 2026, but no new rate reductions or credits will be authorized after June 30, 2026. The bill directly affects businesses participating in the state's qualified jobs tax incentive program. It ends future eligibility for the tax rate reductions while preserving existing benefits for qualifying companies. The law takes effect upon passage.