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.
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.
Provides that in local educational agencies when over 45% of the children have a family income that is at or below 185% of federal poverty guidelines then the student success factor will be 50% by the core instruction per-pupil amount.
Directs the executive office of health and human services to increase Medicaid rates for the Early Intervention and First Connections programs allowing for payment of competitive wages for qualified professionals.
Makes the Medicaid rate increase permanent for the first connections family home-visiting program and requires additional information to be added to the annual family home-visiting report.
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.
Directs the general assembly to fund ten full time equivalent positions in FY 2025 to support DEM's efforts in the areas of forestry and forestry projects.
Increases conveyance tax for residential properties sold above $2,000,000 to a rate of $3.30 per $500, to be collected for RI housing for elderly affordable housing development. Provides and exemption to any entity developing elderly affordable housing.
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.
Requires the department of health to amend its rules and regulations that allow for DEA-registered pharmacies to transfer electronic prescriptions at a patient's request.
Specifies the requirements and procedures for licensing lactation counselors as well as the renewal, expiration, termination, refusal, revocation and suspension of licenses.
Repeals the authority of the health insurance commissioner to enforce any act of Congress/decision of federal court invalidating or repealing the prohibition of annual lifetime limits on health insurance in this state.