Rhode Island legislation · 2026 Regular Session
Rhode Island H8189: AN ACT RELATING TO TAXATION -- EMPLOYER TAX CREDITS FOR RETIREMENT PLAN ESTABLISHMENT, PARTICIPATION AND AUTO-ENROLLMENT (Establ
Status: Failed, April 16, 2026
AN ACT RELATING TO TAXATION -- EMPLOYER TAX CREDITS FOR RETIREMENT PLAN ESTABLISHMENT, PARTICIPATION AND AUTO-ENROLLMENT (Establishes employer tax credits for establishing a retirement plan for employee participation with auto-enrollment.)
What the bill says
From the introduced text, February 27, 2026:
2026 -- H 8189 ======== LC005303 ======== STATEOFRHODEISLAND IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 2026 ____________ ANACT RELATING TO TAXATION -- EMPLOYER TAX CREDITS FOR RETIREMENT PLAN ESTABLISHMENT, PARTICIPATION AND AUTO-ENROLLMENT Introduced By: Representative Alex S. Finkelman Date Introduced: February 27, 2026 Referred To: House Finance It is enacted by the General Assembly as follows: SECTION 1. Legislative Findings and Purpose The General Assembly finds that: (1) A substantial number of Rhode Island workers lack access to employer-sponsored retirement plans; (2) Small employers face disproportionate financial and administrative barriers in establishing and maintaining retirement plans; (3) The federal Setting Every Community Up for Retirement Enhancement Act of 2019, as amended ("SECURE Act"), established tax incentives to encourage small employers to adopt retirement plans, increase employee participation, and implement automatic enrollment features; and (4) Aligning state tax incentives with federal retirement policy will expand coverage, increase savings rates, and strengthen the long-term financial security of Rhode Island workers. It is therefore the purpose of this act to encourage the establishment and maintenance of employer-sponsored retirement plans by providing tax credits tied to employee participation and automatic enrollment, consistent with federal law. SECTION 2. Title 44 of the General Laws entitled "TAXATION" is hereby amended by adding thereto the following chapter: CHAPTER 55.1 EMPLOYER TAX CREDITS FOR RETIREMENT PLAN ESTABLISHMENT, PARTICIPATION, AND …
Sponsors
- Alex Finkelman (D) · primary sponsor
Latest actions
- : Committee recommended measure be held for further study
- : Scheduled for hearing and/or consideration
- : Introduced, referred to House Finance
Subjects: TAXATION
Common questions
- What is H8189?
- H8189 is a bill in the Rhode Island Legislature (2026 Regular Session): AN ACT RELATING TO TAXATION -- EMPLOYER TAX CREDITS FOR RETIREMENT PLAN ESTABLISHMENT, PARTICIPATION AND AUTO-ENROLLMENT (Establ.
- What does H8189 do?
- AN ACT RELATING TO TAXATION -- EMPLOYER TAX CREDITS FOR RETIREMENT PLAN ESTABLISHMENT, PARTICIPATION AND AUTO-ENROLLMENT (Establishes employer tax credits for establishing a retirement plan for employee participation with auto-enrollment.)
- What is the status of H8189?
- Failed as of April 16, 2026. Latest action: Committee recommended measure be held for further study (April 16, 2026).
- Who sponsored H8189?
- Alex Finkelman (D).
- Where is the official record for H8189?
- On the Rhode Island Legislature website: http://webserver.rilegislature.gov/BillText/BillText26/HouseText26/H8189.pdf
Source: official Rhode Island record. Tracked by Delilah, AI for legislation across all 50 states and Congress.