H  O  U  S  E     R  E  S  O  L  U  T  I  O  N

CREATING A SPECIAL HOUSE COMMISSION TO STUDY PERSONAL INCOME TAX CREDITS FOR RETIRED MILITARY VETERANS

RESOLVED, That a special house commission be and the same is hereby created consisting of seven (7) members; not more than five (5) from the same political party, to be appointed by the speaker.

The purpose of the commission shall be to study the feasibility and fiscal impact upon the state by granting a personal income tax credit not to exceed five hundred dollars ($500) to any individual who has served in the armed forces of the United States for twenty (20) years, and who receives a pension from the federal government or who is receiving a pension as a disabled veteran, for each tax year in which he or she files an income tax return in Rhode Island.

Forthwith upon passage of this resolution, the members of the commission shall meet at the call of the speaker of the house and organize and shall select from among the legislators a chairperson. Vacancies in said commission shall be filled in like manner as the original appointment.

The membership of said commission shall receive no compensation for their services.

All departments and agencies of the state shall furnish such advice and information, documentary and otherwise, to said commission and its agents as is deemed necessary or desirable by the commission to facilitate the purposes of this resolution.

The speaker of the house is hereby authorized and directed to provide suitable quarters for said commission; and be it further

RESOLVED, That the commission shall report its findings and recommendations to the house of representatives no later than one (1) year following the passage of this resolution, and whose life would expire one (1) month thereafter.