Loading chat...
RI S3084
Bill
Status
3/13/2026
Primary Sponsor
Robert Britto
Click for details
AI Summary
-
All sales and use tax revenue collected from transportation network companies (ride-share companies) would be deposited into a new "Rhode Island public transit authority account" within the general fund
-
Funds in the account are restricted to funding paratransit transportation and RIDE Anywhere services operated by the Rhode Island Public Transit Authority (RIPTA)
-
The new RIPTA account would be exempt from the state's indirect cost recovery provisions, meaning no portion would be transferred to general revenues
-
Reduces the indirect cost recovery rate on all other restricted receipt accounts from 15% to 10% of cash receipts
-
Effective date: July 1, 2026
Legislative Description
Establishes a restricted receipt account for RIPTA to fund it operations from sales tax collected from ride-share companies. Exempts the account from indirect cost recovery provisions.
Taxation
Last Action
Introduced, referred to Senate Finance
3/13/2026