Home Economy Shekarchi: Big R.I. employers Amica and FM eye relief from state’s investment...

Shekarchi: Big R.I. employers Amica and FM eye relief from state’s investment cap

Updated at 6:50 p.m. on May 1.

HOUSE SPEAKER K. JOSEPH SHEKARCHI on May 1 told attendees during the Rhode Island Manufacturers Assocation’s annual breakfast meeting that he couldn’t rule out the prospect of tax hikes to balance the fiscal 2026 state budget. To his right is RIMA Executive Director, Dave Chenevert. PBN PHOTO/CHRIS ALLEN

PROVIDENCE – House Speaker K. Joseph Shekarchi on Thursday said two major employers are seeking regulatory relief on investments as lawmakers wrestle with proposals to increase taxes and cut spending to curb a budget deficit now estimated to be $300 million.   A year after state leaders successfully negotiated with Citizens Bank to keep the company headquartered

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