Raises the amount of life insurance the state provides at no charge to Rhode Island National Guard members called up for federal duty to five hundred thousand dollars ($500,000).
Raises the amount of life insurance the state provides at no charge to Rhode Island National Guard members called up for federal duty to five hundred thousand dollars ($500,000).
Increases insurance coverage for hearing aids from one thousand five hundred dollars ($1,500) to one thousand seven hundred fifty dollars ($1,750), per ear, for all people regardless of age effective January 1, 2026.
Increases insurance coverage for hearing aids from one thousand five hundred dollars ($1,500) to one thousand seven hundred fifty dollars ($1,750), per ear, for all people regardless of age effective January 1, 2026.
Provides for an additional real estate conveyance tax for commercial properties sold in excess of one million five hundred thousand dollars ($1,500,000) at a rate of three dollars and thirteen cents ($3.13) for each five hundred dollars.
Increases the threshold limit for charitable organizations with an annual gross income of five hundred thousand dollars ($500,000) to one million dollars ($1,000,000) or more.
Redefines “farm” by reducing the amount of revenue from farm products required to be sold from ten thousand ($10,000) to two thousand five hundred dollars ($2500).
Redefines “farm” by reducing the amount of revenue from farm products required to be sold from ten thousand ($10,000) to two thousand five hundred dollars ($2500).
Establishes a revolving fund to assist first-time home buyers and veterans to purchase a home in Rhode Island by issuing grants of up to forty thousand dollars ($40,000).
Increases the minimum veterans’ exemption from one thousand dollars ($1,000) to six thousand dollars ($6,000) with respect to municipal taxes.