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SB 2672

AN ACT RELATING TO TAXATION -- PERSONAL INCOME TAX

2026 Regular Session Introduced by John Burke and 7 co-sponsors

Rhode Island's SB 2672 modifies personal income tax policy through bipartisan effort. The bill directly impacts state revenue and taxpayer obligations, potentially affecting res...

04/30/2026 Committee recommended measure be held for further study
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WeVote Research Nonpartisan
Bill Summary · SB 2672

Legislative bill overview

SB 2672 is a Rhode Island personal income tax bill introduced in the 2026 legislative session. The bill was referred to the Senate Finance Committee on February 27, 2026. Without access to the full text of the legislation, the specific provisions—whether they involve tax rate changes, credits, deductions, exemptions, or structural reforms—cannot be detailed. The bill involves five bipartisan sponsors from the Rhode Island Senate.

Why is this important

Personal income tax legislation directly affects state revenue generation and taxpayer obligations. Rhode Island relies heavily on income tax as a primary revenue source for state operations and services. Any modifications to the income tax code can influence the state's fiscal health, affect residents' disposable income, and potentially impact economic competitiveness. Given the bipartisan sponsorship, this may represent an attempt to address broad concerns about tax policy.

Potential points of contention

Without the bill's specific language available, common contentious areas in personal income tax legislation typically include:

  • Revenue impact and fiscal implications for the state budget
  • Whether changes are perceived as tax increases or decreases for different income brackets
  • Effects on middle-class versus high-income earners
  • Business and individual taxpayer compliance burdens
  • Whether provisions address tax avoidance strategies
  • Competition with neighboring states' tax policies
  • Implementation costs and administrative complexity
  • Concerns about fairness and progressivity in the tax structure

The bill's full details would clarify which of these issues apply and their specific treatment.

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

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