Generates an estate tax discharge upon the recording of a statement by the executor or other estate representative that the value of the decedent’s gross estate does not require a state or federal tax filing.
Expands the duties of the small business ombudsman, by also having the ombudsman serve as the Rhode Island commerce corporation's small business advocate.
Requires a municipality or quasi-public agency to file a report with the department of municipal finance if it has not made its payment to its other post-employment benefits trust fund or if it is less than thirty-five percent (35%) funded.
Requires the department of environmental management to develop, identify, maintain and update a list of projects that qualify for forest and open space land conservation funding pursuant to federal laws.
Establishes the office of inspector general as an independent administrative agency charged with the responsibility to investigate, detect, and prevent fraud, waste, abuse, and mismanagement in the expenditure of public funds.
Allows an income tax credit for employer contributions to an eligible employee's ABLE account, for a maximum credit of two thousand dollars ($2,000) per employee, per year.
Establishes the first time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.
Allows a minor between the ages of 14 -17 without a permanent residence/in custody of the DCYF to get state identification card without a signature from parent, guardian or foster parent as well as a certified copy of minor's birth certificate at no cost.