Bill
Bill > S2544
RI S2544
RI S2544Suspends the gross earnings tax on electric and gas companies until January 1, 2036.
summary
Introduced
02/13/2026
02/13/2026
In Committee
02/13/2026
02/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
This act would suspend the gross earnings tax on electric and gas companies until January 1, 2036. This act would take effect on January 1, 2027.
AI Summary
This bill suspends the gross earnings tax, which is a tax levied on the total revenue of certain companies, specifically electric and gas companies, from January 1, 2027, until January 1, 2036. This suspension aims to provide financial relief or incentives to these public utility corporations during this period.
Committee Categories
Budget and Finance
Sponsors (10)
Todd Patalano (D)*,
Peter Appollonio (D),
John Burke (D),
Andrew Dimitri (D),
Stefano Famiglietti (D),
Elaine Morgan (R),
Ana Quezada (D),
Lou Raptakis (D),
Brian Thompson (D),
David Tikoian (D),
Last Action
Introduced, referred to Senate Finance (on 02/13/2026)
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/S2544.pdf |
Loading...