Rhode Island · 2026 Regular Session · Bill
SB 2809: AN ACT RELATING TO TAXATION -- EMPLOYEE OWNERSHIP TAX CREDIT
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 2809 is a bill introduced in the Rhode Island Senate on March 4, 2026. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- EMPLOYEE OWNERSHIP TAX CREDIT. Primary sponsor: Lou DiPalma (Democratic), Frank Ciccone (Democratic). Most recent recorded action (May 12, 2026): 05/12/2026 Committee heard.
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.
Establishes a tax credit for businesses transitioning to employee ownership.
Sponsors
Sponsors by party (alphabetical): Democratic 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Lou DiPalma | Primary sponsor | Democratic | Senate | 12 |
| Frank Ciccone | Primary sponsor | Democratic | Senate | 7 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 05/12/2026 Committee heard
- 05/08/2026 Scheduled for hearing and/or consideration (05/12/2026)
- 03/04/2026 Introduced, referred to Senate Finance