Rhode Island 2025 Regular Session

Rhode Island Senate Bill S0419 Compare Versions

Only one version of the bill is available at this time.

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5	5	2025 -- S 0419
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7	7	LC001791
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9	9	S T A T E O F R H O D E I S L A N D
10	10	IN GENERAL ASSEMBLY
11	11	JANUARY SESSION, A.D. 2025
12	12	____________
13	13
14	14	A N A C T
15	15	RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND
16	16	COMPUTATION
17	17	Introduced By: Senators Britto, McKenney, Bissaillon, Gu, Tikoian, Urso, Kallman,
18	18	Vargas, Dimitri, and Patalano
19	19	Date Introduced: February 26, 2025
20	20	Referred To: Senate Finance
21	21
22	22
23	23	It is enacted by the General Assembly as follows:
24	24	SECTION 1. Chapter 44-18 of the General Laws entitled "Sales and Use Taxes — Liability 1
25	25	and Computation" is hereby amended by adding thereto the following section: 2
26	26	44-18-18.2. Rhode Island public transit authority operations allocation. 3
27	27	(a) All sales and use tax revenue collected from transportation network companies, as 4
28	28	defined in § 44-18-7.3, shall be deposited in a restricted receipt account for the benefit of the Rhode 5
29	29	Island public transit authority. 6
30	30	(b) There is created within the general fund a restricted receipt account known as the 7
31	31	“Rhode Island public transit authority account”. Revenue collected from transportation network 8
32	32	companies pursuant to subsection (a) of this section shall be deposited into this account and used 9
33	33	to fund operations related to the Rhode Island public transit authority. 10
34	34	(c) The account created under this section shall be exempt from the indirect cost recovery 11
35	35	provision set forth in § 35-4-27. 12
36	36	SECTION 2. Section 35-4-27 of the General Laws in Chapter 35-4 entitled "State Funds" 13
37	37	is hereby amended to read as follows: 14
38	38	35-4-27. Indirect cost recoveries on restricted receipt accounts. 15
39	39	Indirect cost recoveries of ten percent (10%) of cash receipts shall be transferred from all 16
40	40	restricted receipt accounts, to be recorded as general revenues in the general fund. However, there 17
41	41	shall be no transfer from cash receipts with restrictions received exclusively: (1) From contributions 18
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44	44	LC001791 - Page 2 of 6
45	45	from nonprofit charitable organizations; (2) From the assessment of indirect cost-recovery rates on 1
46	46	federal grant funds; or (3) Through transfers from state agencies to the department of administration 2
47	47	for the payment of debt service. These indirect cost recoveries shall be applied to all accounts, 3
48	48	unless prohibited by federal law or regulation, court order, or court settlement. The following 4
49	49	restricted receipt accounts shall not be subject to the provisions of this section: 5
50	50	Executive Office of Health and Human Services 6
51	51	Organ Transplant Fund 7
52	52	HIV Care Grant Drug Rebates 8
53	53	Health System Transformation Project 9
54	54	Rhode Island Statewide Opioid Abatement Account 10
55	55	HCBS Support-ARPA 11
56	56	HCBS Admin Support-ARPA 12
57	57	Department of Human Services 13
58	58	Veterans’ home — Restricted account 14
59	59	Veterans’ home — Resident benefits 15
60	60	Pharmaceutical Rebates Account 16
61	61	Demand Side Management Grants 17
62	62	Veteran’s Cemetery Memorial Fund 18
63	63	Donations — New Veterans’ Home Construction 19
64	64	Commodity Supplemental Food Program-Claims 20
65	65	Department of Health 21
66	66	Pandemic medications and equipment account 22
67	67	Miscellaneous Donations/Grants from Non-Profits 23
68	68	State Loan Repayment Match 24
69	69	Healthcare Information Technology 25
70	70	Department of Behavioral Healthcare, Developmental Disabilities and Hospitals 26
71	71	Eleanor Slater non-Medicaid third-party payor account 27
72	72	Hospital Medicare Part D Receipts 28
73	73	RICLAS Group Home Operations 29
74	74	Group Home Facility Improvement Fund 30
75	75	Commission on the Deaf and Hard of Hearing 31
76	76	Emergency and public communication access account 32
77	77	Department of Environmental Management 33
78	78	National heritage revolving fund 34
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82	82	Environmental response fund II 1
83	83	Underground storage tanks registration fees 2
84	84	De Coppet Estate Fund 3
85	85	Rhode Island Historical Preservation and Heritage Commission 4
86	86	Historic preservation revolving loan fund 5
87	87	Historic Preservation loan fund — Interest revenue 6
88	88	Department of Public Safety 7
89	89	E-911 Uniform Emergency Telephone System 8
90	90	Forfeited property — Retained 9
91	91	Forfeitures — Federal 10
92	92	Forfeited property — Gambling 11
93	93	Donation — Polygraph and Law Enforcement Training 12
94	94	Rhode Island State Firefighter’s League Training Account 13
95	95	Fire Academy Training Fees Account 14
96	96	Attorney General 15
97	97	Forfeiture of property 16
98	98	Federal forfeitures 17
99	99	Attorney General multi-state account 18
100	100	Forfeited property — Gambling 19
101	101	Department of Administration 20
102	102	OER Reconciliation Funding 21
103	103	Health Insurance Market Integrity Fund 22
104	104	RI Health Benefits Exchange 23
105	105	Information Technology restricted receipt account 24
106	106	Restore and replacement — Insurance coverage 25
107	107	Convention Center Authority rental payments 26
108	108	Investment Receipts — TANS 27
109	109	OPEB System Restricted Receipt Account 28
110	110	Car Rental Tax/Surcharge-Warwick Share 29
111	111	Grants Management Administration 30
112	112	RGGI-Executive Climate Change Coordinating Council Projects 31
113	113	Electric Vehicle Charging Stations Operating and Maintenance Account 32
114	114	Department of Housing 33
115	115	Housing Resources and Homelessness Restricted Receipt Account 34
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119	119	Housing Production Fund 1
120	120	Low-Income Housing Tax Credit Fund 2
121	121	Department of Revenue 3
122	122	DMV Modernization Project 4
123	123	Jobs Tax Credit Redemption Fund 5
124	124	Legislature 6
125	125	Audit of federal assisted programs 7
126	126	Department of Children, Youth and Families 8
127	127	Children’s Trust Accounts — SSI 9
128	128	Military Staff 10
129	129	RI Military Family Relief Fund 11
130	130	RI National Guard Counterdrug Program 12
131	131	Treasury 13
132	132	Admin. Expenses — State Retirement System 14
133	133	Retirement — Treasury Investment Options 15
134	134	Defined Contribution — Administration - RR 16
135	135	Violent Crimes Compensation — Refunds 17
136	136	Treasury Research Fellowship 18
137	137	Business Regulation 19
138	138	Banking Division Reimbursement Account 20
139	139	Office of the Health Insurance Commissioner Reimbursement Account 21
140	140	Securities Division Reimbursement Account 22
141	141	Commercial Licensing and Racing and Athletics Division Reimbursement Account 23
142	142	Insurance Division Reimbursement Account 24
143	143	Historic Preservation Tax Credit Account 25
144	144	Marijuana Trust Fund 26
145	145	Social Equity Assistance Fund 27
146	146	Judiciary 28
147	147	Arbitration Fund Restricted Receipt Account 29
148	148	Third-Party Grants 30
149	149	RI Judiciary Technology Surcharge Account 31
150	150	Department of Elementary and Secondary Education 32
151	151	Statewide Student Transportation Services Account 33
152	152	School for the Deaf Fee-for-Service Account 34
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156	156	School for the Deaf — School Breakfast and Lunch Program 1
157	157	Davies Career and Technical School Local Education Aid Account 2
158	158	Davies — National School Breakfast & Lunch Program 3
159	159	School Construction Services 4
160	160	Office of the Postsecondary Commissioner 5
161	161	Higher Education and Industry Center 6
162	162	IGT STEM Scholarships 7
163	163	Department of Labor and Training 8
164	164	Job Development Fund 9
165	165	Contractor Training Restricted Receipt Account 10
166	166	Rhode Island Council on the Arts 11
167	167	Governors’ Portrait Donation Fund 12
168	168	Statewide records management system account 13
169	169	Rhode Island public transit authority account 14
170	170	SECTION 3. This act shall take effect on July 1, 2025. 15
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177	177	EXPLANATION
178	178	BY THE LEGISLATIVE COUNCIL
179	179	OF
180	180	A N A C T
181	181	RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND
182	182	COMPUTATION
183	183	***
184	184	This act would establish a restricted receipt account for the benefit of the Rhode Island 1
185	185	public transit authority for use to fund its operations, funded by sales taxes collected from ride-2
186	186	share companies, which account would be exempt from indirect cost recovery provisions. 3
187	187	This act would take effect on July 1, 2025. 4
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189	189	LC001791
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