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Bill > S2536


RI S2536

RI S2536
Allows a modification to federal adjusted gross income of $25,000 of social security income for tax years beginning on or after January 1, 2027.


summary

Introduced
02/13/2026
In Committee
02/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

This act would allow a modification to federal adjusted gross income of twenty-five thousand dollars ($25,000) of social security income for tax years beginning on or after January 1, 2027. This act would take effect upon passage.

AI Summary

This bill proposes to amend Rhode Island's personal income tax law to allow eligible Social Security recipients to subtract $25,000 of their Social Security income from their federal adjusted gross income when calculating their state income tax. This modification will be effective for tax years beginning on or after January 1, 2027, and will apply to all eligible Social Security recipients, regardless of their filing status or income level, unlike previous provisions that had income limitations. The bill also states that it will take effect upon passage.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

Introduced, referred to Senate Finance (on 02/13/2026)

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