Rhode Island 2024 Regular Session Status: In Committee Bipartisan · 3 D · 1 R cosponsors

HB 7405 — AN ACT RELATING TO TAXATION - AGREEMENT TO PHASE OUT CORPORATE INCENTIVES COMPACT ACT

Last action — 05/14/2024 Committee recommended measure be held for further study

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Establishes a compact agreement among at least two (2) states to prohibit the use of subsidies to selectively retain industry or company entice relocation from one state to another state or to open a new facility.

Bill Text

We don't have the full text on file for this bill yet.

Read HB 7405 on the official Rhode Island source →

Action History

  1. 05/14/2024 Committee recommended measure be held for further study

  2. 05/10/2024 Scheduled for hearing (05/14/2024)

  3. 01/31/2024 Introduced, referred to House Finance

Sponsors

Sponsorship breakdown

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4 sponsors · 0 co-sponsors · 110 not signed on

Sponsors (4)

Co-sponsors (0)

None.

Not signed on (110)

110 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 7405 do?
Establishes a compact agreement among at least two (2) states to prohibit the use of subsidies to selectively retain industry or company entice relocation from one state to another state or to open a new facility.
Who sponsors HB 7405?
HB 7405 is sponsored by Cherie L. Cruz (Democratic), Enrique George Sanchez (Democratic), David Morales (Democratic), and David J. Place (Republican).
What is the current status of HB 7405?
This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 7405?
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Last checked for changes 3 months ago · updated continuously

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