HB 8133 imposes a new fee of $0.01 for every 10,000 gallons of treated wastewater discharged by facilities. It directly affects municipal and industrial wastewater treatment plants that release effluent into waterways. The bill establishes this specific fee structure to generate revenue for fish and wildlife conservation programs. This is a direct financial obligation on wastewater operators, not a regulatory change to discharge standards. The fee applies to all eligible discharges under the bill's definition.
HB 7697 exempts prescribed scalp hair prosthetics and wigs from sales tax when medically necessary to treat hair loss from a health condition. This directly affects individuals with medical conditions like alopecia or cancer treatment side effects who require these items. The bill amends tax code sections to explicitly include "prosthetic devices" (defined as items necessary for medical treatment) under existing sales tax exemptions, alongside items like durable medical equipment. The policy change applies only to sales tax on qualifying products purchased by consumers.
Gradually phases in modifications to federal adjusted gross income over a four (4) year period for social security income, from twenty-five percent (25%) up to one hundred percent (100%), beginning on or after January 1, 2027.
HB 7703 suspends the 4% gross earnings tax on electric and gas utility companies until January 1, 2036. This directly affects corporations primarily engaged in electricity generation/sale or gas distribution, reducing their tax burden during this period. The bill amends tax law to temporarily halt this specific 4% tax rate (previously applied to electricity/gas companies) starting January 1, 2027. The suspension covers all gross earnings from these core utility services, excluding related deductions for wholesale sales. The policy change provides a fixed tax relief period without altering other tax rates for telecommunications or other sectors.
SB 2551 revises how the state calculates education funding for school districts, using a new formula that considers both a district's revenue capacity and the percentage of students in poverty (specifically for districts with over 50% poverty). It creates a "poverty loss stabilization fund" to support districts experiencing a significant drop (more than 2%) in their state funding share, and requires the state to publish an annual report identifying unfunded district costs. The bill also allocates new state funds for special education, career and technical education programs, pre-kindergarten access, and specific stabilization support for Central Falls, Davies, and the Met Center school districts. Additionally, it provides direct state funding for transportation costs for students attending non-public schools and within regional school districts.
This bill proposes allocating $150,000 in funding to the Main Street Rhode Island Program, which supports local businesses and community revitalization efforts across the state. The appropriation would provide financial resources to the program's existing initiatives aimed at strengthening main street areas and small businesses. The legislation is currently in its early stages, having been introduced and referred to the Senate Finance Committee for review. No specific details about how the funds will be distributed or managed are included in the current text.
HB 7505 ends Rhode Island's Jobs Development Act tax incentive program by July 1, 2026. It stops all new rate reductions for companies after June 30, 2026, and requires existing beneficiaries who qualified before July 1, 2015, to maintain their current tax rate until the program's end date. The bill does not affect companies that already secured benefits before the 2015 cutoff date, but no new companies can qualify for the tax rate reductions after 2026. This is a straightforward sunset provision for the state's job creation tax incentive program.
SB 2444 exempts scalp hair prosthetics or wigs necessary due to medical hair loss from state sales tax. This directly affects individuals with medical conditions requiring such prosthetics, making them more affordable. The bill amends the sales tax code to explicitly include "prosthetic devices" under tax-exempt medical items, aligning with existing exemptions for similar durable medical equipment. The change creates a clear policy update to reduce financial burden for this specific medical need.
HB 8146 requires state agencies managing capital projects and budgets to submit additional performance and audit reports to the legislature. It directly affects state departments overseeing infrastructure spending and public projects by mandating more detailed tracking of how funds are used. Key provisions include new requirements for agencies to measure program outcomes and report audit findings more frequently. This bill aims to improve transparency in how state funds are spent on large projects without changing funding levels or creating new programs. The bill is currently in the House Finance committee after its February 27, 2026, introduction.
Submits the state's 2026 capital development program relating to green bonds requesting the issuance of general obligation bonds totaling $60,000,000 for approval of the electorate at the general election to be held in November, 2026.