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
- 2025
- May 2905/29/2025 Committee recommended measure be held for further studyLatest
- May 2305/23/2025 Scheduled for hearing and/or consideration (05/29/2025)
- Jan 3101/31/2025 Introduced, referred to Senate FinanceIntroduced