Rhode Island § 42-7.2-20.6 § 42-7.2-20.6. Tax-exempt earnings.

Rhode Island Statutes

§ 42-7.2-20.6 — § 42-7.2-20.6. Tax-exempt earnings.

Rhode Island § 42-7.2-20.6

Title 42State Affairs and Government

Ch. 42-7.2Office of Health and Human Services

This text of Rhode Island § 42-7.2-20.6 (§ 42-7.2-20.6. Tax-exempt earnings.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 42-7.2-20.6 (2026).

Text

§ 42-7.2-20.6. Tax-exempt earnings.

(a) For state income tax purposes, annual earnings of the ABLE program shall be exempt from tax, and shall not be included in the Rhode Island income of the designated beneficiary until withdrawn or distributed from it, and then in accordance with chapter 30 of title 44.

(b) The tax administrator may adopt rules and regulations necessary to monitor, implement, and administer the Rhode Island personal income tax provisions referred to in subsection

(a)of this section.

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§ 42-7.2-20.6. Tax-exempt earnings.

(a) For state income tax purposes, annual earnings of the ABLE program shall be exempt from tax, and shall not be included in the Rhode Island income of the designated beneficiary until withdrawn or distributed from it, and then in accordance with chapter 30 of title 44.

(b) The tax administrator may adopt rules and regulations necessary to monitor, implement, and administer the Rhode Island personal income tax provisions referred to in subsection (a) of this section.