RI H7929 | 2024 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on March 4 2024 - 25% progression, died in committee
Action: 2024-05-02 - Committee recommended measure be held for further study
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 4 2024 - 25% progression, died in committee
Action: 2024-05-02 - Committee recommended measure be held for further study
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
TAXATION -- PERSONAL INCOME TAX - Authorizes a retroactive tax credit for tax yr 2022/thereafter/allowing investment tax credits to be passed through to the personal income tax returns of eligible Sub-S corporation shareholders/limited liability company members who meet certain conditions
Title
Authorizes a retroactive tax credit for tax yr 2022/thereafter/allowing investment tax credits to be passed through to the personal income tax returns of eligible Sub-S corporation shareholders/limited liability company members who meet certain conditions
Sponsors
| Rep. Stephen Casey [D] | Rep. Alex Finkelman [D] | Rep. Joseph Solomon [D] | Rep. Robert Phillips [D] |
| Rep. Jon Brien [D] | Rep. Michael Chippendale [R] | Rep. Matthew Dawson [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-02 | House | Committee recommended measure be held for further study |
| 2024-04-26 | House | Scheduled for hearing (05/02/2024) |
| 2024-03-04 | House | Introduced, referred to House Finance |
Subjects
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText24/HouseText24/H7929.pdf |
