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Bill > S2364


RI S2364

RI S2364
Raises the earned-income tax credit to thirty percent (30%) for the tax years 2027 and beyond.


summary

Introduced
01/30/2026
In Committee
01/30/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

This act would raise the earned-income tax credit to thirty percent (30%) for the tax years 2027 and beyond. This act would take effect upon passage.

AI Summary

This bill proposes to increase the Rhode Island earned-income tax credit, which is a tax credit for low-to-moderate income working individuals and families, to thirty percent (30%) of the federal earned-income credit for tax years beginning on or after January 1, 2027. The earned-income tax credit is designed to supplement the income of eligible taxpayers. This change will take effect immediately upon the bill's passage.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

Introduced, referred to Senate Finance (on 01/30/2026)

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