Rhode Island 2025 Regular Session

Rhode Island Senate Bill S0027

Introduced
1/23/25  

Caption

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.

Companion Bills

No companion bills found.

Previously Filed As

RI S2063

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.

RI H7208

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.

RI H7197

Increases insurance coverage for hearing aids from one thousand five hundred dollars to one thousand seven hundred fifty dollars, per ear, for all people regardless of age.

RI S2960

Allows a modification to federal adjusted gross income of fifty thousand dollars ($50,000) of taxable pension and/or annuity income for tax years beginning on or after January 1, 2025.

RI H7489

Reduces the corporate minimum tax to three hundred fifty dollars ($350).

RI S2358

Increases the amount of exemption from sales tax for clothing including footwear from two hundred fifty dollars ($250) to five hundred dollars ($500). Effective July 1, 2023.

RI S2065

Increases the net taxable estate exemption to three million six hundred thousand dollars ($3,600,000) on January 1, 2025. Also increases the exemption by one million dollars ($1,000,000) on January 1 per year thereafter.

RI S2172

Increases the minimum veterans' exemption from one thousand dollars ($1,000) to six thousand dollars ($6,000) with respect to municipal taxes.

RI H7383

Increases the minimum veterans’ exemption from one thousand dollars ($1,000) to five thousand dollars ($5,000) with respect to municipal taxes.

RI S2575

Establishes a child tax credit of one thousand dollars ($1,000) per dependent.

Similar Bills

No similar bills found.