1. H5365: Eliminates the sales, meals and beverage, and use tax in Rhode Island, beginning on October 1, 2013. (H Finance; Wed, May 15)
2. H6060: Tax-credits for the “qualified rehabilitation expenditures for the substantial rehabilitation of a certified historic structure”, with at least two notable limitations: “the credit allowed pursuant to this chapter shall not exceed five million dollars ($5,000,000) for any certified rehabilitation project under this chapter” and “the aggregate credits authorized to be reserved pursuant to this chapter shall not exceed thirty million dollars ($30,000,000) annually”. (H Finance; Tue, May 14)
3. H5019: Repeals the banking laws that allow pay-day lending. Also, H5128 reduces the maximum “deferred deposit transaction” fee from 10% to 5% “of the funds advanced” (probably as an alternative to the full repeal of payday lending) (H Finance; Wed, May 15)
4. H6059: The General Treasurer’s plan (sponsored by Speaker Fox) to use the Rhode Island Clean Water Finance Agency to create and administer a state-funded “revolving loan” program “to make and enter into binding commitments to provide financial assistance to local cities and towns from amounts on deposit in the revolving fund” and “to enter into binding commitments to provide subsidy assistance for loans and city and town obligations from amounts on deposit in the revolving fund”, amongst other objectives. (H Finance; Tue, May 14)
5. S0826: Authorizes cities and towns to enact separate tax rates for owner versus non-owner occupied residential properties. (S Finance; Wed, May 15)