RI S2850 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on April 5 2022 - 25% progression, died in committee
Action: 2022-04-12 - Committee recommended measure be held for further study
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 5 2022 - 25% progression, died in committee
Action: 2022-04-12 - Committee recommended measure be held for further study
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increases the amount each corporation pays on state tax to seven and one half percent (7.5%) of net income beginning on or after January 1, 2023, and reduce the minimum tax to two hundred dollars ($200).
Title
Relation To Taxation -- Business Corporation Tax
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-04-12 | Senate | Committee recommended measure be held for further study |
| 2022-04-08 | Senate | Scheduled for hearing and/or consideration (04/12/2022) |
| 2022-04-05 | Senate | Introduced, referred to Senate Finance |
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText22/SenateText22/S2850.pdf |
