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RI H8145

Bill

Official Source

Status

Introduced

2/27/2026

Primary Sponsor

Jennifer Stewart

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Creates a new "Rhode Island public transit authority account" within the general fund as a restricted receipt account
  • Dedicates all sales and use tax revenue collected from transportation network companies (ride-share services) to this account
  • Funds must be used specifically to support paratransit transportation and RIDE Anywhere programs operated by the Rhode Island Public Transit Authority
  • Exempts this new account from the state's 15% indirect cost recovery provision that typically transfers funds from restricted accounts to general revenues
  • Effective date: July 1, 2026

Legislative Description

Establishes a restricted receipt account for the benefit of the Rhode Island public transit authority funded by sales taxes collected from ride-share companies; and provided further, the account would be exempt from indirect cost recovery provisions.

Public Finance

Last Action

Introduced, referred to House Finance

2/27/2026

Committee Referrals

Finance2/27/2026

Full Bill Text

No bill text available