RI S2021 | 2026 | Regular Session

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 9 2026 - 25% progression, died in committee
Action: 2026-06-08 - Committee recommended measure be held for further study
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

TAXATION -- PERSONAL INCOME TAX - Establishes a simplified exemption from state income tax for small-scale Bitcoin transactions up to $5,000 per month, or $20,000 per taxable year.

Tracking Information

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Title

Establishes a simplified exemption from state income tax for small-scale Bitcoin transactions up to $5,000 per month, or $20,000 per taxable year.

Sponsors


Roll Calls

2026-06-08 - Senate - Senate Committee on Finance: Be held for further study (Y: 9 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2026-06-08SenateCommittee recommended measure be held for further study
2026-06-05SenateScheduled for hearing and/or consideration (06/08/2026)
2026-01-09SenateIntroduced, referred to Senate Finance

Subjects


Rhode Island State Sources


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