Limits investment tax credit to manufacturers. Requires determination of goals, objectives and effectiveness of the credit. Repeals the specialized investment tax credit.
Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2025.
Reduces the sales tax rate to 5%.
Incorporates ethical energy standards to the 2021 Act on Climate.
Creates the Rhode Island Pain-Capable Unborn Child Protection Act, prohibiting the performance or induction of an abortion of an unborn child capable of feeling pain, unless necessary to prevent serious health risk to the unborn child's mother.
Requires healthcare facilities that perform abortions meet the license requirements of similar healthcare facilities and allows the department of health to conduct unannounced inspections.
Increases the federal adjusted gross income threshold for modification for taxable social security income. Amends references to federal adjusted gross income as pertains to modification of taxable retirement income from certain pension plans or annuities.
