Bill
Bill > S0092
RI S0092
Imposes a seventy-five cent (0.75) surcharge on fares charged by rideshare companies as well as an account to benefit RIPTA from the payment of sales taxes collected from rideshares.
summary
Introduced
01/31/2025
01/31/2025
In Committee
01/31/2025
01/31/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
This act would impose a seventy-five cent ($0.75) surcharge on fares charged by rideshare or transportation network companies. This act would also require that fifty percent (50%) of the surcharge be deposited in a restricted account to be used for street improvements in the municipality where the fare originated, and fifty percent (50%) of the surcharge be deposited in a restricted account to fund Transit Forward RI. The tax administrator would promulgate rules and regulations to implement the provisions of this chapter. The act would also establish a restricted receipt account for the benefit of RIPTA funded by sales tax collected from ride-share companies such as Uber and Lyft. This act would take effect upon passage.
AI Summary
This bill introduces a new $0.75 surcharge on fares for rideshare or transportation network companies (like Uber and Lyft) in Rhode Island, with a specific allocation of those funds. The surcharge would be split equally, with 50% going to street infrastructure improvements in the municipality where the ride originated, and 50% funding Transit Forward RI, a state transportation planning initiative. Additionally, the bill establishes that all sales tax revenue collected from these transportation network companies will be deposited into a dedicated restricted receipt account to benefit RIPTA (Rhode Island Public Transit Authority). The bill defines rideshare companies as app-based platforms that connect drivers with passengers for compensated transportation. The tax administrator will be responsible for creating rules and regulations to implement these provisions, and all fund disbursements will require approval from the state's general assembly. The legislation would go into effect immediately upon its passage.
Committee Categories
Budget and Finance
Sponsors (9)
Meghan Kallman (D)*,
Jonathon Acosta (D),
Peter Appollonio (D),
Bob Britto (D),
Frank Ciccone (D),
Dawn Euer (D),
Tiara Mack (D),
Melissa Murray (D),
Sue Sosnowski (D),
Last Action
Committee recommended measure be held for further study (on 04/08/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://status.rilegislature.gov/ |
BillText | https://webserver.rilegislature.gov/BillText25/SenateText25/S0092.pdf |
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