Rhode Island 2026 Session Status: In Committee Bipartisan · 7 D · 1 R · 1 I cosponsors

HB 7703 — AN ACT RELATING TO TAXATION -- PUBLIC SERVICE CORPORATION TAX

Last action — 06/02/2026 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 is in committee in the House. Introduced February 11, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Prognosis

Advancing 42% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 10 sponsors

    10 primary, 0 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 3 parties (7 D · 1 R · 1 I) — cross-party backing.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

Suspends the gross earnings tax on electric and gas companies until 2036.

This bill pauses the gross earnings tax for electric and gas companies for a specific period until 2036. This change could affect revenue from taxes on these utilities.

What this means for you
  • Consumers: This may affect utility rates, as companies might adjust pricing due to tax changes.

Summary

Suspends the gross earnings tax on electric and gas companies until January 1, 2036.

Bill Text

Action History

  1. 06/02/2026 Committee recommended measure be held for further study

  2. 05/30/2026 Scheduled for hearing and/or consideration (06/02/2026)

  3. 02/11/2026 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.

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 energy
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 7703 do?
Suspends the gross earnings tax on electric and gas companies until January 1, 2036.
Who sponsors HB 7703?
HB 7703 is sponsored by O'Brien, Evan P. Shanley (Democratic), Marie A. Hopkins (Republican), Thomas E. Noret (Democratic), Stephen M. Casey (Democratic), Jon D. Brien (Independent), Patricia A. Serpa (Democratic), Deborah A. Fellela (Democratic), Gregory J. Costantino (Democratic), and Charlene M. Lima (Democratic).
What is the current status of HB 7703?
This bill is in committee in the House. Introduced February 11, 2026. It must pass committee before a floor vote.
Where can I track HB 7703?
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Last checked for changes 2 months ago · updated continuously

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