Allows police and firefighters to retire with 20 years of service and attained 57 years of age based on their highest 3 years consecutive compensation.
Maddy summarySenate Resolution 1025 proclaims April 24, 2025, as "Armenian Genocide Remembrance Day" in the State of Rhode Island. It also requests the U.S. President and Congress to urge Turkey to acknowledge the Armenian Genocide and make restitution, and expresses sympathy to the Armenian-American community of Rhode Island.
Establishes the office of inspector general as an independent administrative agency charged with the responsibility to investigate, detect, and prevent fraud, waste, abuse, and mismanagement in the expenditure of public funds.
Maddy summaryThis bill, SB 111, proposes to discontinue the tax rate reductions provided under the "Jobs Development Act." It would sunset all existing rate reductions from this program by July 1, 2025. Companies that qualified for a rate reduction before July 1, 2015, would be allowed to maintain their existing reduction until the 2025 deadline, provided they continue to meet their obligations. No new credits or additional rate reductions would be authorized under the Jobs Development Act after June 30, 2025.
Maddy summaryThis bill, SB 101, proposes to repeal the state's corporation minimum tax. It directly affects all corporations, including small business corporations (S-corps), that are currently subject to the state's business corporation tax. Specifically, it eliminates the requirement for these businesses to pay a minimum tax amount, which is currently $400 for tax years beginning on or after January 1, 2017. If enacted, corporations would no longer be subject to this minimum payment, regardless of their net income tax calculation.
Maddy summarySB 886 amends Rhode Island's Renewable Energy Standard, which sets requirements for electricity providers (obligated entities) to source power from renewable resources for their Rhode Island customers. The bill extends the target year for achieving 100% of Rhode Island's electricity demand from renewable energy from 2033 to 2043. It revises the annual percentage increases for renewable energy procurement to align with this new timeline. The bill also details methods for compliance, including the use of NE-GIS certificates or alternative compliance payments, and provides specific exemptions for certain existing power supply contracts.
Prohibits employers from seeking/using credit reports in making hiring decisions concerning prospective employees, asking questions about the applicant's financial past during interviews or including credit history questions in their job applications.
Adds a provision that allows a tenant to pay the last month's rent or any other prepaid rent. It also increases the amount that a security deposit can be requested from one to two (2) months of rent.
Includes municipal detention facility corporations as exempt from taxation, and requires that an amount equal to 27% of all tax that would have been collected if the property was taxable be paid to the municipality annually.
Maddy summarySB 503, "AN ACT RELATING TO TOWNS AND CITIES -- LOW AND MODERATE INCOME HOUSING," seeks to amend existing definitions related to low and moderate-income housing. The bill modifies criteria for what qualifies as "low- or moderate-income housing" and how units are counted towards a municipality's affordable housing inventory. It specifies that certain mobile or manufactured homes can count as one-half of a unit, and rental properties secured with federal assistance vouchers can count as one whole unit, provided specific conditions are met. This legislation aims to refine the framework for establishing and tracking affordable housing in cities and towns.
