Determines reimbursement rate for lost tax revenue base upon the 2023 assessment and rate. Allows for an estimate to be calculate based upon 2022 if 2023 information unavailable. Allows municipality to audit calculation.
Maddy summaryThis bill, known as the Rhode Island New Qualified Jobs Incentive Act 2015, sets a final end date for tax rate reductions provided under the state's Jobs Development Act. Specifically, it mandates that no new tax credits will be reserved for companies after June 30, 2024, and all existing rate reductions must stop by July 1, 2024. While the bill stops future incentives, it allows companies that qualified for these tax breaks before July 1, 2015, to keep their current rates as long as they continue to meet the original requirements. Essentially, the legislation ensures that the special tax benefits for job creation in Rhode Island will not extend beyond the year 2024.
Creates new tax on gains from sale or exchange of real property held for short periods of time, 6 years or less, establishes a comprehensive framework to calculate and implement enforcement and provides imprisonment and/or fines for those who evade taxes.
Amends several sections of chapter 24 of title 45, entitled "zoning ordinances," also known as the "Rhode Island zoning enabling act of 1991," with the intent of preserving neighborhood character and promoting smart growth.
Establishes a new article in the state building code that provides that certain new housing construction contain at least one floor that meets the requirements for a Type C "ANSI'' Standards for Accessible and Usable Buildings and Facilities.
Maddy summarySB 2237 proposes to increase the minimum cash wage for employees who receive tips, such as those in restaurants and hotels, from $3.89 to $6.75 per hour starting January 1, 2025. Under this bill, employers must pay this higher base rate to workers in industries where gratuities are customary, while still allowing them to count tips toward the overall minimum wage requirement. The legislation also updates the rules for calculating these wages and establishes a process for employers to provide proof that their tip-based wage systems comply with the new standards. Additionally, the bill maintains existing provisions for student workers in nonprofit organizations, who would continue to be paid at least 90% of the standard minimum wage.
Maddy summaryThis bill proposes to give $450,000 to Higher Ground International, a nonprofit in Rhode Island, to help finish renovations on its new headquarters in Providence. The funds are intended as a one-time contribution to complete the initial phase of building improvements at the location on Ninigret Avenue. While the bill notes that the facility plans to offer community services like food assistance and cultural events, the legislation itself only authorizes the specific payment for construction costs.
Establishes a program within the adult correctional institution to permit medication assisted treatment approved by the FDA to be provided for the treatment of opioid use disorder to any incarcerated individual.
This resolution would authorize the appropriation of the sum of $500,000 to the Rhode Island Black Business Association.
Prohibits a landlord from inquiring about the immigration status of a tenant subject to any federal laws or regulations, but may request financial information or proof of identity.
