Rhode Island 2025 Regular Session Status: In Committee Bipartisan · 6 D · 3 R · 1 I cosponsors

HB 5753 — AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX

Last action — 05/06/2025 Committee recommended measure be held for further study

  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 2025 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

Exempts subchapter S corporations in the first year of existence from paying the minimum tax.

Bill Text

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

Read HB 5753 on the official Rhode Island source →

Action History

  1. 05/06/2025 Committee recommended measure be held for further study

  2. 05/02/2025 Scheduled for hearing and/or consideration (05/06/2025)

  3. 02/26/2025 Introduced, referred to House Finance

Sponsors

Sponsorship breakdown

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10 sponsors · 0 co-sponsors · 104 not signed on

Sponsors (10)

Co-sponsors (0)

None.

Not signed on (104)

104 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
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Frequently asked questions

What does HB 5753 do?
Exempts subchapter S corporations in the first year of existence from paying the minimum tax.
Who sponsors HB 5753?
HB 5753 is sponsored by Brandon C. Potter (Democratic), Stephen M. Casey (Democratic), Marie A. Hopkins (Republican), George A Nardone (Republican), Jon D. Brien (Independent), Jacquelyn M. Baginski (Democratic), Michael W. Chippendale (Republican), Joseph J. Solomon, Jr. (Democratic), Charlene M. Lima (Democratic), and Gregory J. Costantino (Democratic).
What is the current status of HB 5753?
This bill died with 2025 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 5753?
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Last checked for changes 3 months ago · updated continuously

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