2025 Regular Session • Rhode Island Legislature
H5562: Provides that charitable organizations with a gross income of one million dollars ($1,000,000) or less can meet the required reporting and records requirements by providing either an IRS Form 900 or other approved financial statements.
Legislative Summary
BUSINESSES AND PROFESSIONS -- SOLICITATION BY CHARITABLE ORGANIZATIONS - Provides that charitable organizations with a gross income of one million dollars ($1,000,000) or less can meet the required reporting and records requirements by providing either an IRS Form 900 or other approved financial statements.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
2/26/2025
Introduced, referred to House Corporations
House of Representatives
2/28/2025
Scheduled for hearing and/or consideration (03/04/2025)
House of Representatives
3/4/2025
Committee recommended measure be held for further study
House of Representatives
3/14/2025
Scheduled for consideration (03/20/2025)
House of Representatives
3/20/2025
Committee recommends passage
House of Representatives
3/28/2025
Placed on House Calendar (04/01/2025)
House of Representatives
4/1/2025
House read and passed
House of Representatives
5/2/2025
Referred to Senate Finance
Senate
Roll Call Votes
Passage
4/1/2025
69
Yea
0
Nay
6
Not Voting
0
Absent
Result: PASSED
House Committee on Corporations: Passage
3/20/2025
13
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
Status Information
Current Status
Engrossed(4/1/2025)
Chamber
Senate
Committee
Finance(Senate)
Sponsors
Democrat: 1
Primary Sponsor
Justine Caldwell
Democrat