2025 -- S 0656 | |
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LC002253 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2025 | |
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A N A C T | |
RELATING TO TAXATION -- RHODE ISLAND TAX AMNESTY ACT OF 2017 | |
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Introduced By: Senators Thompson, Patalano, Rogers, de la Cruz, Dimitri, Britto, | |
Date Introduced: March 07, 2025 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 44-6.5-4 of the General Laws in Chapter 44-6.5 entitled "Rhode |
2 | Island Tax Amnesty Act of 2017" is hereby amended to read as follows: |
3 | 44-6.5-4. Interest under tax amnesty. |
4 | (a) Notwithstanding any provision of law to the contrary, interest on any taxes paid for |
5 | periods covered under the amnesty provisions of this chapter shall be computed at the rate imposed |
6 | under § 44-1-7, reduced by twenty-five percent (25%). |
7 | (b) Notwithstanding the provisions of subsection (a) of this section, interest and penalties |
8 | shall be waived on unpaid delinquent taxes; provided that, the tax is paid in full during a one week |
9 | tax amnesty period, to be determined by the tax administrator, for each fiscal year. The tax |
10 | administrator shall make available suitable forms with instructions for making tax payments. |
11 | (c) Upon payment in full of all delinquent taxes pursuant to subsection (b) of this section, |
12 | a driver’s license suspended, due to the nonpayment of taxes, shall be reinstated, along with all |
13 | privileges thereto. |
14 | SECTION 2. This act shall take effect upon passage. |
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LC002253 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TAXATION -- RHODE ISLAND TAX AMNESTY ACT OF 2017 | |
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1 | This act would authorize the tax administrator to waive interest and penalties on delinquent |
2 | taxes paid in full during a one week amnesty period. This act would reinstate a suspended driver’s |
3 | license upon payment in full. |
4 | This act would take effect upon passage. |
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