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5/2/2022
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MEDIA ADVISORY: House Finance Committee meets three times this week to hear a variety of legislation
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STATE HOUSE – The House Finance Committee will be meeting three times this week to hear testimony on a variety of legislation.
On Tuesday, May 3 at the RISE of the House (approximately 5 p.m.) in Room 35 of the State House, the committee will be meeting to hear testimony on several bills.
Among the legislation being heard are the following bills:
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2022-H 7236, sponsored by Rep. Julie A. Casimiro (D-Dist. 31, North Kingstown, Exeter), allows for a tax credit of $500 for certain nurse practitioners or physicians.
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2022-H 7391, sponsored by Rep. Gregg Amore (D-Dist. 65, East Providence), exempts from taxation the retail sale of cloth or disposable face masks and facial coverings.
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2022-H 7494, sponsored by Rep. William W. O’Brien (D-Dist. 54, North Providence), raises the earned-income tax credit from 15 percent to 50 percent for the tax years 2023 and beyond.
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2022-H 7984, sponsored by Rep. Jacquelyn Baginski (D-Dist. 17, Cranston), exempts beer and malt beverage from the sales tax.
On Wednesday, May 4 at the RISE of the House (approximately 5 p.m.) in Room 35 of the State House, the committee will hear testimony on a variety of bills, including:
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2022-H 7176, sponsored by Rep. David J. Place (R-Dist. 47, Burrillville, Glocester), provides a scholarship allowing a student in the care and custody of the DCYF to attend RIC without the payment of tuition and room and board as long as they meet the eligibility requirements of the program and the admission criteria of RIC.
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2022-H 7240, sponsored by Rep. June S. Speakman (D-Dist. 68, Warren, Bristol), exempts reusable bags, not including paper or plastic bags, from the state sales tax.
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2022-H 7381, sponsored by House Majority Whip Katherine S. Kazarian (D-Dist. 63, East Providence), allows a deduction from federal adjusted gross income for interest payments on outstanding student loans.
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2022-H 7636, sponsored by Representative Amore, establishes the Rhode Island Hope Scholarship Act to provide up to the cost of two years of tuition costs and mandatory fees for eligible students in hopes to increase the numbers for enrollment and graduation.
On Thursday, May 5 at the RISE of the House (approximately 5 p.m.) in Room 35 of the State House, the committee will hear testimony on a variety of bills, including:
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2022-H 7099, sponsored by Rep. Evan P. Shanley (D-Dist. 24, Warwick), reduces the fee to acquire an emailed duplicate motor vehicle registration certificate from $17 to $5.
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2022-H 7343, sponsored by Rep. Leonela Felix (D-Dist. 61, Pawtucket), requires fiscal notes regarding legislation creating a new crime or increasing the period of incarceration or modifying sentences.
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2022-H 7534, sponsored by Rep. Jean Philippe Barros (D-Dist. 59, Pawtucket), repeals the provisions of the General Laws allowing deferred deposit providers, also known as "payday lenders."
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2022-H 7798, sponsored by Rep. Robert E. Craven (D-Dist. 32, North Kingstown), increases the motion picture production company tax credit to $10 million and cap the available total of credits to $40 million. This act would also eliminate the sunset provision.
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2022-H 8006, sponsored by Rep. James N. McLaughlin (D-Dist. 57, Cumberland, Central Falls), imposes a moratorium on the payment of the fuel tax until December 31, 2022.
Individuals may testify in person before the committee at the State House. Sign-up sheets are available in/outside the hearing room.
Written testimony is strongly encouraged and may be submitted via HouseFinance@rilegislature.gov.
Testimony will be posted on the General Assembly website: http://www.rilegislature.gov/Special/comdoc/Pages/HFIN.aspx.
The meetings will be televised live on Capitol Television, which can be seen on Cox on Channels 15 and 61, on i3Broadband on Channel 15 and on Channel 34 by Verizon subscribers.
They will also be live streamed at http://rilegislature.gov/CapTV/Pages/default.aspx.
For more information, contact:
Andrew Caruolo, Publicist
State House Room 20
Providence, RI 02903
(401)222-6124
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