Loading chat...
RI S2366
Bill
Status
1/30/2026
Primary Sponsor
Walter Felag
Click for details
AI Summary
-
Allows Rhode Island residents to subtract $25,000 of Social Security income from their federal adjusted gross income for state tax purposes, effective for tax years beginning January 1, 2026
-
Replaces the existing income-based Social Security exemption (which expires December 31, 2025) that limited the deduction to those under $80,000 individual/$100,000 joint income thresholds
-
The new $25,000 deduction appears to apply regardless of the taxpayer's total income level, removing the previous means-testing requirements
-
Takes effect upon passage of the legislation
Legislative Description
Allows a modification to federal adjusted gross income of $25,000 of social security income for tax years beginning on or after January 1, 2026.
Taxation
Last Action
Withdrawn at sponsor's request
2/10/2026