SENATE RESOLUTION AMENDING THE RULES OF THE SENATE FOR THE YEARS 2023-2024 (This resolution would amend the rules of the Senate relative to committees and would create a new committee on artificial intelligence and emerging technologies.)
Requires commercial property owners to install vehicle barriers at their retail establishment locations when new construction are being done and permits insurers to consider the installation to provide a discount on the owner's insurance policy.
Increases the income range up to fifty thousand dollars ($50,000) and tax credit up to eight hundred fifty dollars ($850), for elderly and disabled persons who own or rent their homes.
Raises the amount of life insurance the state provides at no charge to Rhode Island National Guard members called up for federal duty to five hundred thousand dollars ($500,000).
Includes municipal detention facility corporations as exempt from taxation, and requires that an amount equal to 27% of all tax that would have been collected if the property was taxable be paid to the municipality annually.
Allows a modification to federal adjusted gross income of twenty thousand dollars ($20,000) of social security income for tax years beginning on or after January 1, 2025.
Amends the Education Equity and Property Tax Relief Act to set the regionalization bonus at 2% of the state's share of foundation education aid for the fiscal year starting July 1, 2025, and for each year thereafter.