2018 -- H 7657

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LC004704

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2018

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A N   A C T

RELATING TO TAXATION - PERSONAL INCOME TAX - TAX CREDIT WHERE RIPTA

SERVICE NOT PROVIDED

     Introduced By: Representatives Chippendale, and Canario

     Date Introduced: February 15, 2018

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

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

hereby amended by adding thereto the following section:

     44-30-27.1. Tax credit where RIPTA service not provided. (a) Any resident of a city

or town to which the Rhode Island public transit authority (RIPTA) does not provide bus service

shall be entitled to a credit against the taxes imposed on such person pursuant to chapters 11, 12,

13, 14, 17, or 30 of this title in an amount equal to three cents ($.03) per gallon of gasoline

purchased in this state.

     (b) The administrator of the division of taxation shall promulgate such rules and

regulations as are necessary to carry out the intent and purpose of this chapter.

     SECTION 2. This act shall take effect upon passage.

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LC004704

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO TAXATION - PERSONAL INCOME TAX - TAX CREDIT WHERE RIPTA

SERVICE NOT PROVIDED

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     This act would give any resident of a city or town lacking RIPTA bus service a credit on

such resident's Rhode Island income tax of three cents ($.03) per gallon of gas purchased in this

state. The division of taxation would be directed to promulgate rules and regulations relative to

the credit.

     This act would take effect upon passage.

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LC004704

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