Rhode Island Tax Incentives

Rhode Island Governor Allows Budget to Become Law Amid Tax Concerns

News Summary Rhode Island Governor Daniel J. McKee has permitted the approved $14.3 billion state budget to become law without…

2 days ago

Rhode Island Proposes ‘Taylor Swift Tax’ for Luxury Homes

News Summary Rhode Island lawmakers are introducing a proposed tax dubbed the 'Taylor Swift Tax,' targeting luxury second homeowners with…

3 days ago

Rhode Island Introduces New Tax for Non-Owner-Occupied Properties

News Summary Rhode Island has enacted the Non-Owner-Occupied Property Tax Act, imposing a tax on properties valued over $1 million.…

4 days ago

Rhode Island House Approves $14.3 Billion Budget with Tax Increases

News Summary Rhode Island's House of Representatives has passed a proposed $14.3 billion budget for fiscal year 2026, awaiting Governor…

5 days ago

Providence Mayor Proposes $624 Million Budget with Tax Increases

News Summary Mayor Brett Smiley of Providence has proposed a budget of $624 million to address financial challenges, including a…

1 week ago

Rhode Island’s $14.3 Billion State Budget Unveiled with Tax Changes

News Summary Rhode Island lawmakers have proposed a $14.3 billion budget for the fiscal year 2025-26, which includes various tax…

2 weeks ago

Rhode Island Proposes New Tax on High-End Properties

News Summary Rhode Island is considering a new tax targeting non-owner-occupied vacation homes valued over $1 million, dubbed the 'Taylor…

2 weeks ago

Rhode Island House Democrats Propose $14.3 Billion Budget

News Summary Rhode Island House Democrats have introduced a $14.3 billion state budget focusing on healthcare funding and transit services,…

2 weeks ago

Rhode Island House Finance Committee Approves $14.3 Billion Budget

News Summary The Rhode Island House Finance Committee has approved a $14.3 billion budget proposal for the 2025-2026 fiscal year,…

2 weeks ago

Rhode Island Proposes Wealthy Surtax Amid Low Income Rankings

News Summary Rhode Island, grappling with a $223 million budget deficit for 2026, is considering a 3% surtax on the…

3 weeks ago