RI S2012 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-05-30 - Committee recommended measure be held for further study
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-05-30 - Committee recommended measure be held for further study
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
TAXATION -- SURPLUS FUNDS TAX CREDIT ACT - Mandates that any surplus state tax revenue received in any fiscal year 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.
Title
Mandates that any surplus state tax revenue received in any fiscal year 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.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-30 | Senate | Committee recommended measure be held for further study |
| 2024-05-24 | Senate | Scheduled for hearing and/or consideration (05/30/2024) |
| 2024-01-10 | Senate | Introduced, referred to Senate Finance |
Subjects
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText24/SenateText24/S2012.pdf |
