Rhode Island · 2025 Regular Session · Bill
HB 5403: AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 5403 is a bill introduced in the Rhode Island House on February 7, 2025. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX. Primary sponsor: Jackie Baginski (Democratic), Bob Phillips (Democratic), Paul Santucci (Republican), Alex Finkelman (Democratic), Brian Newberry (Republican), Mike Chippendale (Republican), Jon Brien (Independent), Doc Corvese (Democratic), Joseph Solomon (Democratic), Stephen Casey (Democratic). Most recent recorded action (May 6, 2025): 05/06/2025 Committee recommended measure be held for further study.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Repeals the corporation minimum tax.
Sponsors
Sponsors by party (alphabetical): Democratic 6 · Independent 1 · Republican 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jackie Baginski | Primary sponsor | Democratic | House | 17 |
| Bob Phillips | Primary sponsor | Democratic | House | 51 |
| Paul Santucci | Primary sponsor | Republican | House | 53 |
| Alex Finkelman | Primary sponsor | Democratic | House | 74 |
| Brian Newberry | Primary sponsor | Republican | House | 48 |
| Mike Chippendale | Primary sponsor | Republican | House | 40 |
| Jon Brien | Primary sponsor | Independent | House | 49 |
| Doc Corvese | Primary sponsor | Democratic | House | 55 |
| Joseph Solomon | Primary sponsor | Democratic | House | 22 |
| Stephen Casey | Primary sponsor | Democratic | House | 50 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 05/06/2025 Committee recommended measure be held for further study
- 05/02/2025 Scheduled for hearing and/or consideration (05/06/2025)
- 02/07/2025 Introduced, referred to House Finance