Bill Commons

RI HB 8450

dead

AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS -- RHODE ISLAND BUSINESS CORPORATION ACT -- THE RHODE ISLAND BUSINESS CLIMATE REFORM ACT

Rhode Island · 2026 Regular Session · lower

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Quick answers

Did RI HB 8450 pass?

No. RI HB 8450 did not pass — it was defeated or died in the legislative process. Latest recorded action (2026-04-28): 04/28/2026 Committee recommended measure be held for further study

What is RI HB 8450 about?

Adopts several concepts from other jurisdictions with the goal of promoting a stronger climate for business growth in Rhode Island, including a "Franchise Fee" in lieu of the corporation tax.

Who sponsors RI HB 8450?

Solomon, Santucci, Brien and 7 others are the primary sponsors of RI HB 8450.

Description

Adopts several concepts from other jurisdictions with the goal of promoting a stronger climate for business growth in Rhode Island, including a "Franchise Fee" in lieu of the corporation tax.

Introduced
2026-04-15
Latest action
2026-04-28 — 04/28/2026 Committee recommended measure be held for further study
Bill type
bill
Last updated
—

Sponsors

  • Solomonprimary
  • Santucciprimary
  • Brienprimary
  • Phillipsprimary
  • Slaterprimary
  • Marszalkowskiprimary
  • Chippendaleprimary
  • Finkelmanprimary
  • Shekarchiprimary
  • Newberryprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-04-28

    04/28/2026 Committee recommended measure be held for further study

    committee-failure

  2. 2026-04-24

    04/24/2026 Scheduled for hearing and/or consideration (04/28/2026)

  3. 2026-04-15

    04/15/2026 Introduced, referred to House Corporations

    introduction,referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://status.rilegislature.gov/

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:31:46.990152Z

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  • Committee referrals are not yet captured.

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