JOINT RESOLUTION TO AMEND THE MEDICAID SECTION 1115 DEMONSTRATION WAIVER REQUESTS AND RENEWALS -- RHODE ISLAND MEDICAID REFORM ACT OF 2008 (Joint resolution to approve an amendment to the Medicaid section 1115 demonstration waiver requests and renewals.)
Increases the LLC organization fee to $500. Exempts the LLC from filing an annual tax return, paying the minimum tax and obtaining a letter of good standing from the division of taxation in order to dissolve.
Reduces the cigarette tax imposed by 75% for any modified risk tobacco product as defined in § 21 U.S.C. 387 k as a tobacco product sold/distributed to reduce the harm/risk of tobacco-related disease associated with commercially marketed tobacco products.
Establishes a restricted receipt account for the benefit of the Rhode Island public transit authority, funded by sales taxes collected from ride-share companies, which said sales taxes would be exempt from indirect cost recovery provisions.
Allows any peace officer working in a Rhode Island school as a full or part-time resource officer to work in excess of the seventy-five (75) working days in a calendar year, and not have an interruption in their benefits.
Exempts the trade-in value of pickup trucks under eight thousand eight hundred pounds (8,800 lbs.) gross weight, used exclusively for personal use, from sales tax.
Exempts from the sales tax eligible school supplies, costing less than $30.00, purchased within one week prior to the commencement of the academic year.
Allows members of the retirement system who served in the national guard or reserves and qualify as veterans, to purchase retirement service credits based on their years of service in the National guard or reserves.
Allows an individual, who is a first-time homebuyer, to contribute funds to a first- time homebuyers saving account with Rhode Island Housing to pay for eligible costs to purchase a home.
Allows teachers, state and municipal employees to retire upon the earlier of reaching age sixty (60) with thirty (30) years of service or the employee's retirement eligibility date under present state statutes.
Gives teachers who takes an unpaid parental or medical leave during the year credit for a year of service for that school year if they served a minimum of 135 days.
Increases the net taxable estate exemption to $3,600,000 on January 1, 2026 and increases the exemption by $1,000,000 on January 1, 2027, and every year thereafter.
Makes the provisions of §§ 45-19.1-3 and 45-19.1-4, benefits for firefighters with cancer, effective regardless of any general, special or specific law, or any charter and/or municipal ordinance to the contrary.