RIPR’s Ian Donnis is staking out the Statehouse this evening on budget watch. According to his interview with House Speaker Nick Mattiello, D-Cranston, there is some good news for taxpayers in the fiscal year 2017 budget that is likely to emerge from the House Finance Commiittee late this evening or early tomorrow morning.
As expected there are no tax or fee increases. The cigarette tax increase proposed by Gov. Gina Raimondo has been scuttled.
State beach fees will be reduced to 2011 levels.
There will be some tax relief for pensions, both public and private.
The proposed school construction bond will not be included in the taxing and spending plan for the fiscal year that begins July 1st.
The corporate minimum tax will be cut from $450 to $400.