Rhode Island · 2025 Regular Session · Bill
SB 413: AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS -- THE RHODE ISLAND LIMITED LIABILITY COMPANY ACT
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 413 is a bill introduced in the Rhode Island Senate on February 26, 2025. According to its official title, it concerns: AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS -- THE RHODE ISLAND LIMITED LIABILITY COMPANY ACT. Primary sponsor: Brian Thompson (Democratic), Gordon Rogers (Republican), Andrew Dimitri (Democratic), Lori Urso (Democratic), Walter Felag (Democratic), John Burke (Democratic), Frank Ciccone (Democratic), Matt LaMountain (Democratic), Todd Patalano (Democratic), David Tikoian (Democratic). Most recent recorded action (May 13, 2025): 05/13/2025 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.
Increases the LLC organization fee to $500. Exempts the LLC from filing an annual tax return, paying the minimum tax and obtaining a letter of good standing from the division of taxation in order to dissolve.
Sponsors
Sponsors by party (alphabetical): Democratic 9 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Brian Thompson | Primary sponsor | Democratic | Senate | 20 |
| Gordon Rogers | Primary sponsor | Republican | Senate | 21 |
| Andrew Dimitri | Primary sponsor | Democratic | Senate | 25 |
| Lori Urso | Primary sponsor | Democratic | Senate | 8 |
| Walter Felag | Primary sponsor | Democratic | Senate | 10 |
| John Burke | Primary sponsor | Democratic | Senate | 9 |
| Frank Ciccone | Primary sponsor | Democratic | Senate | 7 |
| Matt LaMountain | Primary sponsor | Democratic | Senate | 31 |
| Todd Patalano | Primary sponsor | Democratic | Senate | 26 |
| David Tikoian | Primary sponsor | Democratic | Senate | 22 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 05/13/2025 Committee recommended measure be held for further study
- 05/09/2025 Scheduled for hearing and/or consideration (05/13/2025)
- 02/26/2025 Introduced, referred to Senate Finance