Requires homeowner’s insurance providers to provide two months’ notice before increasing any policy more that 20%. Also caps rate increases for policy holders that are 65 years of age or older and meet certain income limits.
Effective July 1, 2025, provides that, the profit margin of any electric distribution company or gas distribution company, would not exceed 4%, in any calendar year and defines a "profit margin" as the return on equity that is allowed by the commission.
Reduces the time, from three (3) years to one year, required for a nonimmigrant foreign national student, who has resided in Rhode Island, to be eligible to pay the same in-state tuition as any other Rhode Island student.
Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $900,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.
Extends allocation of motor fuel tax to the Intermodal Surface Transportation Fund through 2025. Changes the allocation to 30% total proceeds, including 30% from the one cent per gallon environmental protection fee through 2026 and thereafter.
Establishes Children's Catastrophic Illness in Children Relief Fund to provide finance assistance to families for medical expenses not covered by state or federal programs or insurance contract.
Permits a tenant, at the tenant’s expense, to implement energy conservation measures to any dwelling or dwelling unit such as removable weather-stripping around doors and windows.
Establishes a digital electronics right to repair, which allows for digital electronic equipment and parts that are sold in this state on or after January 1, 2026, to be repaired at an independent repair provider.
Removes the requirement that families consent to, and cooperate with the department of human services in establishing paternity and enforcing child and medical support orders as a condition of eligibility for child care assistance.
Clarifies the role of a corporation electing to be governed as a workers' cooperative to allow it to operate as a hiring hall under certain circumstances.
Reduces the number of times the director of the lottery has to confer with the permanent joint committee on state lottery from nine (9) times per year to four (4) times per year or at the call of the chair and vice chair of the committee.
Requires employer, at the start of employment, furnish to their employees a written notice containing employment information relative to wages, rates of pay, allowances, benefits, deductions from pay, and identifying information relative to the employer.
Provides employees with civil administrative remedies against contractors, subcontractors involved in the contract with joint/severable liability imposed on contractors or subcontractors. Effective 9/1/2025.