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RI S3133
Bill
Status
3/20/2026
Primary Sponsor
Robert Britto
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AI Summary
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All sales and use tax revenue collected from transportation network companies (rideshare services like Uber and Lyft) would be deposited into a new restricted receipt account dedicated to the Rhode Island Public Transit Authority
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Creates the "Rhode Island public transit authority account" within the general fund to receive these revenues and fund RIPTA operations
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Exempts this new account from the standard 15% indirect cost recovery transfer that typically applies to restricted receipt accounts, meaning 100% of collected funds go to transit operations
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Adds the RIPTA account to the existing list of approximately 80 restricted receipt accounts exempt from indirect cost recovery provisions
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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, which said sales taxes would be exempt from indirect cost recovery provisions.
Taxation
Last Action
Meeting postponed (04/02/2026)
3/30/2026