Rhode Island HB 5229: AN ACT RELATING TO TAXATION -- PERSONAL INCOME TAX (Creates a new income tax bracket of 6.99% on taxable income over five hundred thousand dollars. Any tax collected on this income deposited into restricted receipt account and expended on education for grades kindergarten through twelfth grade.)

Status: 05/06/2021 Committee recommended measure be held for further study (as of 2021-05-06)

State: Rhode Island · Session: 2021 · Bill: HB 5229

Subjects: Education, Finance, Human Services, Restricted Receipts, Taxation

Sponsors: Alzate, Amore, Kislak, Tanzi

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