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HB 8450

Rhode Island House bill in Session 2026.

Status: passed_lower. Latest action: June 9, 2026.

AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS -- RHODE ISLAND BUSINESS CORPORATION ACT -- THE RHODE ISLAND BUSINESS CLIMATE REFORM ACT.

Bill ID RI-2026-HB-8450
Session 2026
Status passed_lower
House passed_lower 2026-06-09
Business / Commerce Environment / Climate Tax / Budget / Appropriations
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."

Sponsor
Newberry
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-04-15 Introduced Bill introduced
2026-06-09 Status passed_lower
2026-06-09 Latest Action House passed Sub A
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