PROVIDENCE, R.I. (AP) —
It does not include any broad-based tax increases. You will see a brand new tax on medicinal marijuana, but scaly away from one initially suggested by Raimondo.
Rhode Island Gov. Gina Raimondo has signed into law the state’s $8.94 billion budget, saying it cuts down on a structural deficit and makes record investments in education and workforce development.
The budget that can take impact on This summer 1 will cut business taxes, expand economic development tools, provide tax relief to retired people, combat the opioid overdose crisis and lift the gained tax credit for low-earnings families.
The Democrat was became a member of by legislative leaders for any Friday signing ceremony.
Your budget plan also cuts the price of parking at condition beaches.
She states your budget authorized by the state’s Democrat-controlled General Set up will spur economic growth.