S464 adds more opportunities for musicals and productions touring the state of Rhode Island to receive tax credits. It additionally extends the sunset date to July 1, 2027.
The Rhode Island House passed S464 on June 14, 2023, by a vote of 62 to 9. We have assigned pluses to the nays because government should not intervene in the marketplace by selectively granting tax incentives to specific industries. Furthermore, providing tax credits to the theater industry is not appropriate because it largely supports woke Marxist ideology. Taxpayers should not be financially responsible for supporting productions that are associated with leftists. Furthermore, government should not intervene in the marketplace by selectively granting tax incentives to specific industries.