Rhode Island · 2025 Regular Session · Bill
HB 5753: 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 5753 is a bill introduced in the Rhode Island House on February 26, 2025. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX. Primary sponsor: Brandon Potter (Democratic), Stephen Casey (Democratic), Marie Hopkins (Republican), George Nardone (Republican), Jon Brien (Independent), Jackie Baginski (Democratic), Mike Chippendale (Republican), Joseph Solomon (Democratic), Charlene Lima (Democratic), Greg Costantino (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.
Exempts subchapter S corporations in the first year of existence from paying the minimum tax.
Sponsors
Sponsors by party (alphabetical): Democratic 6 · Independent 1 · Republican 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Brandon Potter | Primary sponsor | Democratic | House | 16 |
| Stephen Casey | Primary sponsor | Democratic | House | 50 |
| Marie Hopkins | Primary sponsor | Republican | House | 21 |
| George Nardone | Primary sponsor | Republican | House | 28 |
| Jon Brien | Primary sponsor | Independent | House | 49 |
| Jackie Baginski | Primary sponsor | Democratic | House | 17 |
| Mike Chippendale | Primary sponsor | Republican | House | 40 |
| Joseph Solomon | Primary sponsor | Democratic | House | 22 |
| Charlene Lima | Primary sponsor | Democratic | House | 14 |
| Greg Costantino | Primary sponsor | Democratic | House | 44 |
“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)
- 02/26/2025 Introduced, referred to House Finance