House committee to vet McKee proposals to amend bank tax, purchase Citizens Bank property

Updated at 8:50 p.m. on May 16

STATE REP. Teresa A. Tanzi, D-South Kingstown,, D-East Providence, questions McKee administration officials on the proposals to amend the state’s bank excise tax and purchase a building from Citizens Bank to house state agencies. / PBN SCREENSHOT

PROVIDENCE – The House Committee on Finance on Thursday questioned administration officials over two budget amendments proposed by Gov. Daniel J. McKee that if approved would lower tax liabilities for Rhode Island-based financial institutions and authorize the state to purchase a 210,000-square-foot office building in East Providence owned by Citizens Bank. The change to the

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