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Bill

SB 245

AN ACT RELATING TO TAXATION -- PERSONAL INCOME TAX

2025 Regular Session Introduced by Andrew Dimitri and 6 co-sponsors

SB 245 modifies Rhode Island's personal income tax structure, currently in committee review with real-world impact on resident tax obligations and state revenues.

05/15/2025 Committee heard
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WeVote Research Nonpartisan
Bill Summary · SB 245

Legislative bill overview

SB 245 is a Rhode Island bill relating to personal income tax that was introduced in February 2025 and referred to the Senate Finance Committee. The bill received a committee hearing in May 2025, but the specific text detailing what tax changes it proposes is not provided in the available information.

Why is this important

Personal income tax legislation directly affects Rhode Island residents' tax obligations and state revenue. Changes to income tax rates, brackets, deductions, or credits can significantly impact household budgets and the state's ability to fund services like education, infrastructure, and social programs.

Potential points of contention

  • Tax burden distribution — Whether proposed changes increase taxes on lower-, middle-, or higher-income earners, creating questions about fairness and economic impact
  • State revenue implications — Whether the bill increases or decreases state revenue, affecting budget availability for public services
  • Economic competitiveness — Concerns that tax changes could influence business investment and worker retention in Rhode Island relative to neighboring states

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

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