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SB 33

AN ACT RELATING TO TAXATION -- PERSONAL INCOME TAX

2025 Regular Session Introduced by Bob Britto and 5 co-sponsors

Rhode Island personal income tax bill introduced but held for further study by Senate Finance Committee without advancing to a vote.

06/03/2025 Committee recommended measure be held for further study
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Bill Summary · SB 33

Legislative bill overview

SB 33 is a Rhode Island bill relating to personal income tax that was introduced in January 2025 and referred to the Senate Finance Committee. As of June 2025, the committee recommended the measure be held for further study rather than advancing it for a vote, suggesting the proposal requires additional deliberation before proceeding.

Why is this important

Personal income tax changes directly affect state revenue and individual taxpayer finances. Rhode Island's tax structure significantly influences both resident finances and the state's ability to fund public services, making any modification to income tax policy consequential for both households and state budgeting.

Potential points of contention

  • Specific tax rate or structure changes: Without the bill's text available, the exact modifications (whether raising/lowering rates, adjusting brackets, or changing deductions) cannot be evaluated, but these are typically contentious among taxpayers, businesses, and policymakers
  • Revenue impact and budget implications: Changes to personal income tax affect state revenue projections and the ability to fund existing programs or reduce deficits
  • Economic competitiveness concerns: Tax increases may prompt debate about Rhode Island's competitiveness versus neighboring states, while decreases raise questions about funding adequacy for state services

Compiled from official sources — confirm details with the bill’s official record.

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