States / Rhode Island / HB 8450
HB 8450 Failed
AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS -- RHODE ISLAND BUSINESS CORPORATION ACT -- THE RHODE ISLAND BUSINESS CLIMATE REFORM ACT
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Adopts several concepts from other jurisdictions with the goal of promoting a stronger climate for business growth in Rhode Island, including a "Franchise Fee" in lieu of the corporation tax.
- Chamber
- House
- Introduced
- Apr 15, 2026
- Last action
- Apr 28, 2026 — 04/28/2026 Committee recommended measure be held for further study
- Sponsor
- Joseph Solomon D
- Session
- 2026
- Momentum
- 5 · Stalled