States / Rhode Island / HB 7548
HB 7548 Failed
AN ACT RELATING TO TAXATION -- SURPLUS FUNDS TAX CREDIT ACT
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Mandates that any surplus state tax revenue received in any fiscal year be refunded to the taxpayers of this state on a proportional basis in relation to the personal income tax liability incurred by the taxpayers in that fiscal year.
- Chamber
- House
- Introduced
- Feb 7, 2024
- Last action
- Apr 11, 2024 — 04/11/2024 Committee recommended measure be held for further study
- Sponsor
- Bob Quattrocchi R
- Session
- 2024
- Momentum
- 5 · Stalled