Rhode Island 2026 Session Status: In Committee Bipartisan · 4 R · 3 D cosponsors

SB 2022 — AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX

Last action — 05/28/2026 Committee recommended measure be held for further study

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

This bill is in committee in the Senate. Introduced January 09, 2026. It must pass committee before a floor vote.

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

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

Advancing 42% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 7 sponsors

    7 primary, 0 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (4 R · 3 D) — cross-party backing.

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 repeals the corporation minimum tax.

The bill seeks to eliminate the minimum tax that corporations are required to pay. If passed, it would remove a financial obligation for companies operating in the jurisdiction.

What this means for you
  • Workers: Workers might experience indirect effects if companies decide to reinvest savings from the tax repeal into job creation or wages.
  • Small Business: This means smaller businesses may no longer have to pay a fixed minimum tax, potentially improving their financial flexibility.

Summary

Repeals the corporation minimum tax.

Bill Text

Action History

  1. 05/28/2026 Committee recommended measure be held for further study

  2. 05/22/2026 Scheduled for hearing and/or consideration (05/28/2026)

  3. 01/09/2026 Introduced, referred to Senate Finance

Sponsors

Sponsorship breakdown

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7 sponsors · 0 co-sponsors · 107 not signed on

Sponsors (7)

Co-sponsors (0)

None.

Not signed on (107)

107 members have not signed on to this bill.

Show all 107 →

"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 SB 2022 do?
Repeals the corporation minimum tax.
Who sponsors SB 2022?
SB 2022 is sponsored by Thomas J. Paolino (Republican), Elaine J. Morgan (Republican), John P. Burke (Democratic), David P. Tikoian (Democratic), Frank A. Ciccone III (Democratic), Gordon E. Rogers (Republican), and Jessica de la Cruz (Republican).
What is the current status of SB 2022?
This bill is in committee in the Senate. Introduced January 09, 2026. It must pass committee before a floor vote.
Where can I track SB 2022?
Track SB 2022 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes about 2 months ago · updated continuously

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