Creates new tax on gains from sale or exchange of real property held for short periods of time, 6 years or less, establishes a comprehensive framework to calculate and implement enforcement and provides imprisonment and/or fines for those who evade taxes.
Establishes a revolving fund to assist first-time home buyers and veterans to purchase a home in Rhode Island by issuing grants of up to forty thousand dollars ($40,000).
Raises the amount of life insurance the state would provide at no charge to Rhode Island National Guard members called up for federal duty to five hundred thousand dollars ($500,000).
Creates an additional Rhode Island personal income surtax of 3% on taxable income over $1,000,000, with the existing three-bracket personal income tax structure remaining in place.
Requires a review by the department of elementary and secondary education of the formula components used to compute the aid needed to support high need students.
Restructures professional development investment fund to assume duties of dissemination of curriculum materials/frameworks/assessments/development plans with annual allocation of $200 per student.
Increases the taxable wage base upon which employees make contributions to the TDI and TCI funds, increases individual benefit rates, and creates an opt-in option for self-employed workers.
Specifies the requirements and procedures for licensing lactation counselors as well as the renewal, expiration, termination, refusal, revocation and suspension of licenses.
Mandates insurance policies, provides coverage to diagnose & treat infertility for women between 25 & 42 years, including pre-implantation genetic diagnosis (PGD) in conjunction with in vitro fertilization (IVF).
Provides the state would cover dialysis for the treatment of end stage renal disease ("ESRD") and kidney transplants for persons who do not qualify for full Medicaid due to their immigration status.