February 14, 2011
Bills Introduced to the Rhode Island House (Finance Committee), February 8-10
Carroll Andrew Morse
Starting with this set of posts, I will post the bills introduced to the legislature each week in separate postings, according to the initial committees that a bill gets referred to. This will help make the the posts more readable (with the exception of one committee, which I will mention in the near future...)
The "significant rewrite" versus "targeted change" distinction remains within each post, with "targeted changes" referring to cases where the intent of a bill is pretty clear, while "significant rewrites" refers to cases where the scope of the change needs to be fully understood, before a discussion can begin.
Significant Rewrites with Statewide Impact
| H5280 | Creates an annual sales-tax holiday on the 3rd Saturday in August (With lots of exemptions to the usual sales tax exemptions). |
| H5281 | Removes from the law the specific amounts that electric and gas companies are to charge their customers for "demand side management programs". |
Targeted Changes with Statewide Impact
| H5282 | Increases the estate tax exemption to $5,000,000 starting in 2011, to be increased annually according to the consumer price index. |
| H5283 | Increases the estate tax exemption to $850,000 starting in 2011, to be increased annually according to the consumer price index. (And sponsored by the same folks who sponsored the previous bill?) |