2023 -- S 0212
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LC001392
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S TATE OF RHODE IS LAND
IN GENERAL ASSEMBLY
JANUARY SESSION, A.D. 2023
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A N A C T
RELATING TO TAXATION -- PERSONAL INCOME TAX
Introduced By: Senators McKenney, Burke, DiPalma, Kallman, LaMountain, and Britto
Date Introduced: February 16, 2023
Referred To: Senate Finance
It is enacted by the General Assembly as follows:
SECTION 1. Chapter 44-30 of the General Laws entitled "Personal Income Tax" is hereby 1
amended by adding thereto the following section: 2
44-30-28. Tax credit for sewer connection cost. 3
(a) An owner of real property upon which a single family or multi-family dwelling is 4
located will be allowed an income tax credit for the installation costs of connecting the single or 5
multi-family dwelling to a municipal sewer system. 6
(b) For the purposes of this section, the owner of real property shall be allowed a non-7
refundable state income tax credit in the amount of the actual cost of connection. This credit shall 8
be claimed only once by the real property owner. This income tax credit shall be allowed as either 9
a personal or a corporate income tax credit, depending on the real property owner's income tax 10
filing status on the last day of the owner's income tax filing period; provided, that if the installation 11
costs were incurred by a corporation, then a non-refundable corporate income tax credit shall be 12
allowed, and if installation costs were not incurred by a corporation, then a non-refundable personal 13
income tax credit shall be allowed. In no event shall both a corporate and personal non-refundable 14
income tax credit be allowed for the installation costs at a single location. 15
SECTION 2. This act shall take effect upon passage. 16
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LC001392
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LC001392 - Page 2 of 2
EXPLANATION
BY THE LEGISLATIVE COUNCIL
OF
A N A C T
RELATING TO TAXATION -- PERSONAL INCOME TAX
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This act would allow a one-time non-refundable tax credit for the actual costs of connecting 1
a single family or multi-family dwelling to a municipal sewer system to the owner of the real 2
property credited to the owner's personal income tax or corporate income tax based on the filing 3
status of the owner. 4
This act would take effect upon passage. 5
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LC001392
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