The bill amends Section 44-30-12 of the General Laws in Chapter 44-30, which pertains to personal income tax for Rhode Island residents. It introduces a new modification to income tax that allows taxpayers to subtract their foreign service officer's pension benefits from their federal adjusted gross income, effective for tax years beginning on January 1, 2026. The term "foreign service officer" is defined in accordance with the Foreign Service Act of 1980 and related regulations. The act is set to take effect upon passage.

Statutes affected:
106: 44-30-12