2016 -- H 7293 | |
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LC003351 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2016 | |
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H O U S E R E S O L U T I O N | |
CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY THE CATEGORIES, | |
METHODS, AND MONETARY IMPLICATIONS OF TAXING VARIOUS PERSONAL | |
RETIREMENT INCOME AND PENSION INCOME PAID TO RHODE ISLANDERS BY | |
OUT-OF-STATE EMPLOYERS | |
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Introduced By: Representatives Canario, Edwards, Newberry, Morin, and Tanzi | |
Date Introduced: January 22, 2016 | |
Referred To: House Finance | |
1 | RESOLVED, That a special legislative commission be and the same is hereby created |
2 | consisting of seven (7) members: two (2) of whom shall be members of the Rhode Island House |
3 | of Representatives, not more than one from the same political party, to be appointed by the |
4 | Speaker of the House; one of whom shall be the Chair of the House Finance Committee, or |
5 | designee; one of whom shall be the Director of the Rhode Island Department of Revenue, or |
6 | designee; one of whom shall be the Auditor General, or designee; one of whom shall be the |
7 | Director of the Department of Administration, or designee; and one of whom shall be the Rhode |
8 | Island General Treasurer, or designee. |
9 | In lieu of any appointment of a member of the legislature to a permanent advisory |
10 | commission, a legislative study commission, or any commission created by a General Assembly |
11 | resolution, the appointing authority may appoint a member of the general public to serve in lieu |
12 | of a legislator, provided that the Majority Leader or the Minority Leader of the political party |
13 | which is entitled to the appointment consents to the appointment of the member of the general |
14 | public. |
15 | The purpose of said commission shall be to make a comprehensive study and analysis of |
16 | the laws of Rhode Island and nearby states, and procedures for taxing various personal retirement |
17 | income and pension income paid by out-of-state employers, including, but not limited to the fiscal |
18 | impact of various exemptions and tax policy on social security income, federal, state, military, |
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1 | and civil service pensions, in order to determine whether to amend, alter, or repeal any applicable |
2 | law, policies, or regulations to better serve the best interest of the citizens of the State of Rhode |
3 | Island. |
4 | Forthwith upon passage of this resolution, the members of the commission shall meet at |
5 | the call of the Speaker of the House and organize and shall select from among the legislators a |
6 | chairperson. Vacancies in said commission shall be filled in like manner as the original |
7 | appointment. |
8 | The membership of said commission shall receive no compensation for their services. |
9 | All departments and agencies of the state shall furnish such advice and information, |
10 | documentary and otherwise, to said commission and its agents as is deemed necessary or |
11 | desirable by the commission to facilitate the purposes of this resolution. |
12 | The Speaker of the House is hereby authorized and directed to provide suitable quarters |
13 | for said commission; and be it further |
14 | RESOLVED, That the commission shall report its findings and recommendations to the |
15 | House of Representatives on or before June 1, 2016, and said commission shall expire on |
16 | September 1, 2016. |
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LC003351 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
H O U S E R E S O L U T I O N | |
CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY THE CATEGORIES, | |
METHODS, AND MONETARY IMPLICATIONS OF TAXING VARIOUS PERSONAL | |
RETIREMENT INCOME AND PENSION INCOME PAID TO RHODE ISLANDERS BY | |
OUT-OF-STATE EMPLOYERS | |
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1 | This resolution would create a seven (7) member special legislative study commission |
2 | whose purpose it would be to study the laws of Rhode Island and nearby states, and procedures |
3 | for taxing various personal retirement income and pension income paid by our-of-state |
4 | employers, and who would report back to the House of Representatives no later than June 1, |
5 | 2016, and whose life would expire on September 1, 2016. |
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LC003351 | |
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