2025 Regular Session • Rhode Island Legislature
S0040: Increases the state earned-income credit as of January 1, 2026 to seventeen percent (17%) of the federal earned-income credit, not to exceed the amount of state income tax.
Legislative Summary
TAXATION -- PERSONAL INCOME TAX - Increases the state earned-income credit as of January 1, 2026 to seventeen percent (17%) of the federal earned-income credit, not to exceed the amount of state income tax.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
1/23/2025
Introduced, referred to Senate Finance
Senate
4/18/2025
Scheduled for hearing and/or consideration
Senate
4/21/2025
Meeting postponed (04/22/2025)
Senate
Status Information
Current Status
Introduced(1/23/2025)
Chamber
Senate
Committee
Finance(Senate)
Sponsors
Democrat: 6
Primary Sponsor
Walter Felag
Democrat