2012 -- S 2104

=======

LC00569

=======

STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2012

____________

A N A C T

RELATING TO TAXATION -- THE PERSONAL INCOME TAX

     

     

     Introduced By: Senators Sosnowski, Felag, DiPalma, Bates, and Tassoni

     Date Introduced: January 18, 2012

     Referred To: Senate Finance

It is enacted by the General Assembly as follows:

1-1

     SECTION 1. Chapter 44-30 of the General Laws entitled "Personal Income Tax" is

1-2

hereby amended by adding thereto the following section:

1-3

     44-30-2.11. Refund deduction for contribution to the Rhode Island Agricultural

1-4

Lands Preservation Commission. – (a) There shall be provided as a tax deduction from any

1-5

refund from the Rhode Island personal income tax otherwise due to a taxpayer, for a taxable year,

1-6

a contribution to the Rhode Island Agricultural Lands Preservation Commission. The provision

1-7

for the contribution shall appear on the state personal income tax return as follows:

1-8

     Rhode Island Agricultural Lands Preservation Commission. Check as you wish to

1-9

contribute [ ] $1, [ ] $5, [ ] $10, or [ ] $ (write in amount of your tax refund portion for this

1-10

program).

1-11

     (b) The tax administrator shall forward all contributions made to the Rhode Island

1-12

Agricultural Lands Preservation Commission to the general treasurer who shall deposit them into

1-13

the Rhode Island Agricultural Lands Preservation Commission Fund created under section 42-82-

1-14

8.

1-15

     SECTION 2. This act shall take effect upon passage.

     

=======

LC00569

========

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO TAXATION -- THE PERSONAL INCOME TAX

***

2-1

     This act would add to Rhode Island personal income tax return forms a refund deduction

2-2

for a contribution to the Rhode Island Agricultural Lands Preservation Commission. This act

2-3

would further make the contribution tax deductible.

2-4

     This act would take effect upon passage.

     

=======

LC00569

=======

S2104