RI H5473 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on February 12 2025 - 25% progression
Action: 2025-02-12 - Introduced, referred to House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 12 2025 - 25% progression
Action: 2025-02-12 - Introduced, referred to House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
TAXATION -- PERSONAL INCOME TAX - Creates an additional tax rate of 3% on taxable income over $625,000 in 2025 dollars. Applies to tax years 2026 and thereafter and not retroactively.
Title
Creates an additional tax rate of 3% on taxable income over $625,000 in 2025 dollars. Applies to tax years 2026 and thereafter and not retroactively.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-12 | House | Introduced, referred to House Finance |
Subjects
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText25/HouseText25/H5473.pdf |
