Rhode Island H8349 establishes a special legislative commission to study and recommend changes to tax exemptions for nonprofits.

Rhode Island H8349 creates a nine-member special legislative commission to study and provide recommendations for amending Rhode Island General Laws § 44-3-3. The commission includes representatives from the House of Representatives, the Tax Administrator, the Director of the Rhode Island Department of Revenue, and others. The commission will review current nonprofit tax exemptions, examine criteria for tax exemptions, and determine if exemptions should be limited in time or amount. The commission will report back to the General Assembly by January 5, 2027, and will expire on March 5, 2027.

Rhode Island H8349 establishes a special legislative commission to study and recommend changes to tax exemptions for nonprofits.

Rhode Island H8349 creates a nine-member special legislative commission to study and provide recommendations for amending Rhode Island General Laws § 44-3-3. The commission includes representatives from the House of Representatives, the Tax Administrator, the Director of the Rhode Island Department of Revenue, and others. The commission will review current nonprofit tax exemptions, examine criteria for tax exemptions, and determine if exemptions should be limited in time or amount. The commission will report back to the General Assembly by January 5, 2027, and will expire on March 5, 2027.