This bill creates a property tax deferral program for senior citizens aged 62 and older, disabled citizens, and disabled veterans in Rhode Island. It allows eligible homeowners to postpone paying property taxes on their single-family dwellings until they sell the property, pass away, or transfer ownership, with the unpaid taxes becoming a lien on the property that accrues 6% annual interest. The program excludes homes with reverse mortgages or less than 20% equity, requires applicants to file claims in good faith, and allocates $2 million annually starting in 2027 to fund the deferred tax payments.
Increases and reallocates the fees collected for motor vehicle inspections, including motorcycle inspections, with an allocation of ten dollars ($10.00) to the Rhode Island Public Transit Authority (RIPTA).
Reinstates, for all teachers and state employees who retired after July 1, 2012, their annual cost of living adjustment for retirement plan year 2026.
Authorizes the appropriation of the sum of $300,000 to the Rhode Island Office of the Postsecondary Commissioner for the Rhode Island School for Progressive Education for the fiscal year ending June 30, 2027.
Includes individuals as contributors. Increases annual credit cap by percentage amount of unused credits. Increases the tax credit rate percentage. Establishes scholarships of $750,000 to disadvantaged students and $250,000 to pre-K students.
Authorizes the appropriation of the sum of $500,000 to Sojourner House to support its permanent housing development program that provides safe, secure housing to individuals and families fleeing from dangerous situations.
This bill directs the Rhode Island Cannabis Control Commission to allocate $200,000 annually to the Substance Use Mental Health Leadership Council for programs addressing hazardous and underage cannabis use, including education and environmental strategies. It also requires an additional $500,000 yearly appropriation to fund public-facing websites, social media platforms, and ongoing media campaigns related to cannabis safety. The Substance Use Mental Health Leadership Council must submit annual reports on how these funds are used to the Senate president and House speaker by October 1 each year. The legislation applies to the state's cannabis regulatory framework and affects the funding and oversight of public health initiatives related to cannabis consumption.
Allows a modification to federal adjusted gross income for personal income tax for qualified tips and overtime income consistent with the federal tax treatment.
Extends the timeframe for the division of taxation to review nonresident contractor cases and provide a specific penalty for noncompliance with the statute's withholding requirements.
Creates a state program and fund to finance adaptive reuse and mixed-use housing projects, requires affordable units and labor standards, and provides oversight to expand housing until 2035.
