HB 7703·RI·house
AN ACT RELATING TO TAXATION -- PUBLIC SERVICE CORPORATION TAX
FailedFiled Feb 11, 2026
Sponsor: Lima
Latest Action
Committee recommended measure be held for further study
Jun 2, 2026
Summary
The bill revises the percentages that Rhode Island levies on the gross earnings of various public‑service companies, including steamboat and ferry operators, railroads, water distributors, toll bridges, electricity utilities, telecom and cable firms, and gas manufacturers. It also places a temporary suspension on the electricity (and related gas) utility tax from Jan. 1 2027 through Jan. 1 2036. The changes become effective on Jan. 1 2027.
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