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.
Requires that all inspections, cleaning and maintenance and repairs of sidewalks along state highway and municipal roads, with the exception of snow and ice removal, be the responsibility of the state.
Creates business tax credit for, eliminates sale tax on, eliminates income tax on the sale of, and creates a 10 year tax valuation freeze on newly renovated affordable housing.
Imposes a conveyance tax on purchasers, of single-family residential properties, who are for- profit entities with over $15,000,000 in assets, at a rate of $6.90/$500, to be collected for housing production fund established in § 42-128-2.1.
Allows an individual school district that can utilize its own buses or vendors at a lower cost than the statewide system, to obtain reimbursement for these costs from state funds.
HOUSE RESOLUTION THANKING AND RECOGNIZING DALE J. VENTURINI ON THE OCCASION OF HER RETIREMENT AS PRESIDENT & CEO OF THE RI HOSPITALITY ASSOCIATION (RIHA)