Rhode IslandAN ACT RELATING TO TAXATION -- SURPLUS FUNDS TAX CREDIT ACT
What it does
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.
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 2605/26/2026 Committee recommended measure be held for further studyLatest
- May 2205/22/2026 Scheduled for hearing and/or consideration (05/26/2026)
- Jan 1601/16/2026 Introduced, referred to Senate FinanceIntroduced