Rhode Island 2026 Regular Session

Rhode Island Senate Bill S2640

Introduced
2/27/26  

Caption

Establishes the catastrophe savings account act.

Companion Bills

No companion bills found.

Previously Filed As

RI S0050

Establishes Children's Catastrophic Illness in Children Relief Fund to provide finance assistance to families for medical expenses not covered by state or federal programs or insurance contract.

RI H5778

Establishes the first time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.

RI S0415

Establishes the first time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.

RI S0445

Allows an individual, who is a first-time homebuyer, to contribute funds to a first- time homebuyers saving account with Rhode Island Housing to pay for eligible costs to purchase a home.

RI H5316

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.

RI H5077

Requires DCYF to establish segregated savings account for foster care child receiving SS, SSI, veterans benefits or railroad retirement benefits to manage the accounts and keep child eligible for future benefits.

RI H5332

Establishes the Rhode Island Special Deposits Act to be governed by an account agreement between the bank and the depositor or its beneficiary.

RI S0384

Establishes the Rhode Island Special Deposits Act to be governed by an account agreement between the bank and the depositor or its beneficiary.

RI H5342

Establishes an agricultural restricted receipt account within the department of environmental management. An advisory committee would be established to determine suggested uses of the funds in said account.

RI S0436

Establishes an agricultural restricted receipt account within the department of environmental management. An advisory committee would be established to determine suggested uses of the funds in said account.

Similar Bills

RI H7504

Establishes the catastrophe savings account act.

AL HB27

Relating to Catastrophe Savings Accounts; expands allowable expenses

CA AB1726

Natural disasters: catastrophe savings accounts: personal income tax.

AL SB73

Relating to Catastrophe Savings Accounts; expands allowable expenses

AL HB106

Relating to Catastrophe Savings Accounts; expands allowable expenses

GA HB511

Insurance; deductions from taxable income for contributions by taxpayers to catastrophe savings accounts and interest earned on such accounts; provide

CA AB232

Natural disasters: catastrophe savings accounts: personal income tax.

HI SB514

Relating To Wildfires.