Rhode Island 2026 Session Status: Introduced 10 D cosponsors

H 7504 — RELATING TO TAXATION -- CATASTROPHE SAVINGS ACCOUNTS ACT

Last action — House Finance

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

This bill has been introduced in the House. Introduced February 04, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Not enough signal yet

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

This bill establishes tax provisions for catastrophe savings accounts.

The bill creates a framework for catastrophe savings accounts, allowing individuals to save tax-free for potential disasters. This is intended to help people prepare financially for unexpected calamities.

Summary

RELATING TO TAXATION -- CATASTROPHE SAVINGS ACCOUNTS ACT

Bill Text

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

Read H 7504 on the official Rhode Island source →

Action History

  1. House Finance

Sponsors

Sponsorship breakdown

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1 sponsors · 9 co-sponsors · 104 not signed on

Sponsors (1)

Co-sponsors (9)

Not signed on (104)

104 members have not signed on to this bill.

Show all 104 →

"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 H 7504 do?
RELATING TO TAXATION -- CATASTROPHE SAVINGS ACCOUNTS ACT
Who sponsors H 7504?
H 7504 is sponsored by Brian Patrick Kennedy (Democratic), Samuel A. Azzinaro (Democratic), Kathleen A. Fogarty (Democratic), Teresa Ann Tanzi (Democratic), Lauren H. Carson (Democratic), Terri Cortvriend (Democratic), June Speakman (Democratic), Robert E. Craven, Sr. (Democratic), Carol Hagan McEntee (Democratic), and John G. Edwards (Democratic).
What is the current status of H 7504?
This bill has been introduced in the House. Introduced February 04, 2026. It must pass committee before a floor vote.
Where can I track H 7504?
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Last checked for changes 3 months ago · updated continuously

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