Increases the Rhode Island earned-income credit to twenty percent (20%) on January 1, 2026. Such credit would not exceed the amount of state income tax.
Removes the requirement that the public utilities commission allocate five million dollars ($5,000,000) annually to the Rhode Island infrastructure bank for use with energy efficient programs.
Removes the requirement that the public utilities commission allocate five million dollars ($5,000,000) annually to the Rhode Island infrastructure bank for use with energy efficient programs.
Creates a new commercial fishing license for invasive green crabs for Rhode Island residents for twenty-five dollars ($25) annually.
Raises the earned-income tax credit from twenty percent (20%) to thirty percent (30%) for the tax years 2026 and beyond.
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.
Extends allocation of motor fuel tax to the Intermodal Surface Transportation Fund through 2025. Changes the allocation to 30% total proceeds, including 30% from the one cent per gallon environmental protection fee through 2026 and thereafter.
Extends allocation of motor fuel tax to the Intermodal Surface Transportation Fund through 2025. Changes the allocation to 30% total proceeds, including 30% from the one cent per gallon environmental protection fee through 2026 and thereafter.
HOUSE RESOLUTION RECOGNIZING FEBRUARY 11TH, 2025, AS "211 DAY" IN THE STATE OF RHODE ISLAND AND HONORING UNITED WAY 211 FOR ITS SERVICE TO RHODE ISLANDERS
Restructures the Rhode Island Housing and Conservation Trust Fund, increases its membership to 15 members, 11 of whom are to be from the general public and reallocates the percentage of the funds for housing, conservation and other goals.