SB 107

  • Rhode Island Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 31, 2025
  • Senate
  • House
  • Governor

An Act Relating To Taxation -- Surplus Funds Tax Credit Act

Abstract

Mandates that any surplus state tax revenue received in any fiscal year would 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.

Bill Sponsors (5)

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May 29, 2025

Rhode Island General Assembly

05/29/2025 Committee recommended measure be held for further study

May 23, 2025

Rhode Island General Assembly

05/23/2025 Scheduled for hearing and/or consideration (05/29/2025)

Jan 31, 2025

Senate

01/31/2025 Introduced, referred to Senate Finance

Bill Text

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Sources

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