RI S2012 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-05-30 - Committee recommended measure be held for further study
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

TAXATION -- SURPLUS FUNDS TAX CREDIT ACT - Mandates that any surplus state tax revenue received in any fiscal year be refunded to the taxpayers of this state on a proportional basis in relation to the personal income tax liability incurred by the taxpayers in that fiscal year.

Tracking Information

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Title

Mandates that any surplus state tax revenue received in any fiscal year be refunded to the taxpayers of this state on a proportional basis in relation to the personal income tax liability incurred by the taxpayers in that fiscal year.

Sponsors


History

DateChamberAction
2024-05-30SenateCommittee recommended measure be held for further study
2024-05-24SenateScheduled for hearing and/or consideration (05/30/2024)
2024-01-10SenateIntroduced, referred to Senate Finance

Subjects


Rhode Island State Sources


Bill Comments

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