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 laws and fiscal procedures governing the general fund of the state. The fund will consist of contributions collected through a taxpayer check-off on personal income tax returns, as outlined in the newly added Chapter 23 of Title 40. The general treasurer is authorized to accept grants, donations, and other forms of contributions for the fund. The funds will be made available annually by September 30 to the Rhode Island Meals on Wheels Inc. Fund and will be used exclusively for eligible individuals and families. The director of the department of health is authorized to promulgate rules and regulations necessary to facilitate the provisions of this chapter.

Additionally, the bill amends Chapter 44-30 of the General Laws to include a new section that allows taxpayers to deduct contributions to the Meals on Wheels Inc. Fund from their personal income tax refunds, starting with the tax year ending December 31, 2025. Taxpayers will have the option to indicate their contribution on their tax returns, and the tax administrator will forward these contributions to the general treasurer for deposit in the fund. The act will take effect upon passage.