The bill establishes the "Rhode Island Meals on Wheels Inc. Fund" as a separate fund within the general fund, which will be administered by the general treasurer in accordance with the same laws and fiscal procedures as the general fund of the state. The fund will consist of contributions collected through a taxpayer check-off on personal income tax returns, as well as any grants, donations, or other financial contributions. The general treasurer is authorized to accept these contributions for deposit in the fund.

The treasurer is required to make the funds available annually by September 30 for eligible individuals and families, and the director of the department of health is authorized to promulgate any rules or regulations necessary to facilitate the provisions of this chapter.

Additionally, the bill introduces a new section to the personal income tax law that allows taxpayers to deduct contributions to the Meals on Wheels Inc. Fund from their tax refund, starting with the tax year ending December 31, 2025. The tax administrator will forward these contributions to the general treasurer for deposit in the fund, and the treasurer will distribute the proceeds according to the provisions outlined in the newly established chapter. The act will take effect upon passage.