Bill
Bill > S2031
RI S2031
RI S2031Increases the income range up to fifty thousand dollars ($50,000) and tax credit up to eight hundred fifty dollars ($850), for elderly and disabled persons who own or rent their homes.
summary
Introduced
01/09/2026
01/09/2026
In Committee
01/09/2026
01/09/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
This act would increase the income range up to fifty thousand dollars ($50,000) and tax credit up to eight hundred fifty dollars ($850), for elderly and disabled persons who own or rent their homes. This act would take effect upon passage.
AI Summary
This bill, aimed at providing property tax relief for elderly and disabled homeowners and renters, proposes to increase the income threshold for eligibility and the maximum tax credit available. Specifically, it expands the income range considered for this relief up to $50,000, meaning individuals earning up to this amount may qualify. Additionally, the bill raises the maximum tax credit a person can receive to $850. The term "homestead" refers to the claimant's primary residence, and "rent constituting property taxes" is a portion of rent that is considered to cover property taxes. These changes are intended to offer greater financial assistance to eligible individuals who own or rent their homes, and the bill will become effective immediately upon its passage.
Committee Categories
Budget and Finance
Sponsors (10)
Linda Ujifusa (D)*,
Frank Ciccone (D),
Alana DiMario (D),
Lou DiPalma (D),
Stefano Famiglietti (D),
Victoria Gu (D),
Pam Lauria (D),
Mark McKenney (D),
Melissa Murray (D),
Bridget Valverde (D),
Last Action
Introduced, referred to Senate Finance (on 01/09/2026)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://status.rilegislature.gov/ |
| BillText | https://webserver.rilegislature.gov/BillText26/SenateText26/S2031.pdf |
Loading...