Rhode Island bills · 2026 Regular Session
Rhode Island HB 8450
AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS -- RHODE ISLAND BUSINESS CORPORATION ACT -- THE RHODE ISLAND BUSINESS CLIMATE REFORM ACT
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Solomon (Democratic)
- Santucci (Republican)
- Brien (Independent)
- Phillips (Democratic)
- Slater (Democratic)
- Marszalkowski (Democratic)
- Chippendale (Republican)
- Finkelman (Democratic)
- Shekarchi (Democratic)
- Newberry (Republican)
Summary
Official abstract published by the Rhode Island legislature· summary
Adopts several concepts from other jurisdictions with the goal of promoting a stronger climate for business growth in Rhode Island, including a "Franchise Fee" in lieu of the corporation tax.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Apr 28, 2026 · Legislature
04/28/2026 Committee recommended measure be held for further study - Apr 24, 2026 · Legislature
04/24/2026 Scheduled for hearing and/or consideration (04/28/2026) - Apr 15, 2026 · House
04/15/2026 Introduced, referred to House Corporations