SB 2494 Rhode Island Senate · 2020 Regular Session

AN ACT RELATING TO TAXATION - PERSONAL INCOME TAX (Creates a new income tax bracket of 6.99% on taxable income over five hundred thousand dollars. Any tax collected on this income deposited into restricted receipt account and expended on education for grades kindergarten through twelfth grade.)

Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 25, 2020 Last action Nov 18, 2020
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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
1
Nov 18, 2020
Legislature · Passed
11/18/2020 Committee heard
legislature
Feb 25, 2020
Introduced
02/25/2020 Introduced, referred to Senate Finance
legislature
5 primary · 0 co-sponsors

Sponsors