RI H7664 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on February 26 2020 - 25% progression, died in committee
Action: 2020-02-26 - Introduced, referred to House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 26 2020 - 25% progression, died in committee
Action: 2020-02-26 - Introduced, referred to House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Creates a new income tax bracket of 6.99% on taxable income over five hundred thousand dollars. Any tax collected on this income deposited into restricted receipt account and expended on education for grades kindergarten through twelfth grade.
Title
Personal Income Tax
Sponsors
Rep. Gregg Amore [D] | Rep. Kathleen Fogarty [D] | Rep. Christopher Blazejewski [D] | Rep. Jean Barros [D] |
Rep. Katherine Kazarian [D] |
History
Date | Chamber | Action |
---|---|---|
2020-02-26 | House | Introduced, referred to House Finance |
Rhode Island State Sources
Type | Source |
---|---|
Summary | https://status.rilegislature.gov/ |
Text | https://webserver.rilegislature.gov/BillText20/HouseText20/H7664.pdf |