Tag: Senate Finance Committee
Bipartisan coalition rallies against ‘millionaires tax,’ ‘death tax’
PROVIDENCE – The Senate Lounge on Thursday became a rare venue for Smith Hill bipartisanship spurred by the growing opposition against proposals such as...
Is RIC’s tuition-free scholarship worth the price tag?
As lawmakers consider legislation that would make Rhode Island College’s Hope Scholarship permanent, state and college officials argue that the school’s rebounding enrollment and...
McKee’s cruise ship fee proposal creating a storm in Newport
A proposal by Gov. Daniel J. McKee to increase cruise ship passenger fees in Newport has ignited a firestorm among elected officials and business...
Bank of America settles claims over lawsuits by Jeffrey Epstein victims
NEW YORK (AP) – Bank of America has tentatively settled a lawsuit claiming it ignored suspicious financial transactions involving Jeffrey Epstein while he was...
Crypto tax implications are often a costly surprise
Rhode Islanders who own cryptocurrency may be sitting on a tax surprise waiting to surface.
That’s because the IRS treats digital assets not as cash...
House approves $14.3B budget plan for FY 2026
PROVIDENCE – The R.I. House of Representatives on Tuesday approved a $14.3 billion state budget plan for fiscal year 2026 by a 66-9 vote,...
‘Superman’ developer seeks ‘last piece of the puzzle’
PROVIDENCE – Supporters behind the effort to transform the long-vacant Industrial Trust Co. Building into a mixed-use space with retail and more than 300...
Report: Providence’s proposed tax levy increase clears House; cuts loom if...
PROVIDENCE – A bill that would allow for a one-year increase to the city’s property tax cap levy – or the total amount of...
R.I. Senate President Ruggerio dies at 76
PROVIDENCE – Senate President Dominick J. Ruggerio, D-North Providence, the most senior member of the Statehouse, died Monday morning at the age of 76,...
State gives Bally’s helping hand, too
While so-called “high rollers” account for a fraction of total gambling revenue, they are among the most coveted customers for casinos. This same dynamic...
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