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Rhode Island · 2025 Regular Session · Bill

SB 1045: AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 1045 is a bill introduced in the Rhode Island Senate on May 9, 2025. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX. Primary sponsor: Pete Appollonio (Democratic), John Burke (Democratic), Todd Patalano (Democratic), Lou DiPalma (Democratic), Hanna Gallo (Democratic), Sue Sosnowski (Democratic), Matt LaMountain (Democratic), Walter Felag (Democratic), Frank Ciccone (Democratic), David Tikoian (Democratic). Most recent recorded action (June 3, 2025): 06/03/2025 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 10

NameRolePartyChamberDistrict
Pete AppollonioPrimary sponsorDemocraticSenate29
John BurkePrimary sponsorDemocraticSenate9
Todd PatalanoPrimary sponsorDemocraticSenate26
Lou DiPalmaPrimary sponsorDemocraticSenate12
Hanna GalloPrimary sponsorDemocraticSenate27
Sue SosnowskiPrimary sponsorDemocraticSenate37
Matt LaMountainPrimary sponsorDemocraticSenate31
Walter FelagPrimary sponsorDemocraticSenate10
Frank CicconePrimary sponsorDemocraticSenate7
David TikoianPrimary sponsorDemocraticSenate22

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. 06/03/2025 Committee recommended measure be held for further study
  2. 05/30/2025 Scheduled for hearing and/or consideration (06/03/2025)
  3. 05/09/2025 Introduced, referred to Senate Finance

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source