SB 425 Rhode Island Senate · 2025 Regular Session

AN ACT RELATING TO TAXATION - AGREEMENT TO PHASE OUT CORPORATE INCENTIVES COMPACT ACT

Summary

Establishes a compact agreement among at least two (2) states to prohibit the use of subsidies to selectively retain industry or company entice relocation from one state to another state or to open a new facility.

Issues: ✗ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 26, 2025 Last action Feb 26, 2025

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Full legislative history

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Committee

Feb 26, 2025

Introduced

02/26/2025 Introduced, referred to Senate Finance

upper

5 primary · 0 co-sponsors