IntroducedFiled Jan 9, 2026
Sponsor: Pete Appollonio (D)
Latest Action
06/08/2026 Committee recommended measure be held for further study
Jun 8, 2026
Summary
The bill lets Rhode Island residents and businesses exclude small‑scale Bitcoin sales from state income and capital gains tax if the total does not exceed $5,000 per month or $20,000 per year. Taxpayers can self‑certify the exemption on their annual return and keep simple records. The measure aims to simplify tax reporting for modest cryptocurrency activity.
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