# Rhode Island S3086: AN ACT RELATING TO PUBLIC FINANCE -- RHODE ISLAND SECURE CHOICE RETIREMENT SAVINGS PROGRAM ACT . Rhode Island S3086, AN ACT RELATING TO PUBLIC FINANCE -- RHODE ISLAND SECURE CHOICE RETIREMENT SAVINGS PROGRAM ACT ., is a 2026 Regular Session Senate bill sponsored by Meghan E. Kallman (Democratic); status signed, last action 2026-06-23 (Signed by Governor — Chapter 397); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/RI-S3086-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Rhode Island S3086 - State: Rhode Island - Session: 2026 Regular Session - Title: AN ACT RELATING TO PUBLIC FINANCE -- RHODE ISLAND SECURE CHOICE RETIREMENT SAVINGS PROGRAM ACT . - Status: signed - Chamber: Senate - Introduced: 2026-03-13 - Last action: 2026-06-23, Signed by Governor — Chapter 397 - Sponsor: Meghan E. Kallman (Democratic) - Cosponsors: 2 - Touches household money: yes - Roll calls: 2 (106 yes, 0 no in all) - Economic provisions PRIA read: 4 ## Summary No summary available. ## Bill overview: provisions PRIA read - RI taxes deferred on RISavers earnings: benefit, high. Earnings inside RISavers are not taxed by Rhode Island until you withdraw the money. This covers interest, dividends, and capital gains on investments managed by the State Investment Commission for RISavers. Federal tax rules are unchanged by this law. - Investment options, oversight, and guidance for RISavers: benefit, low. RISavers offers a small menu of choices, including conservative, moderate, aggressive, or age‑based options. The menu includes an option that favors companies with good governance, efficient environmental use, and social impact. The State Investment Commission reviews offerings at least every three… - Workers auto-enrolled in retirement savings: mixed, medium. Eligible employees age 18+ with at least 120 days on the job are enrolled in RISavers unless they opt out. Excluded workers include those under the Railway Labor Act, certain interstate commerce jobs not under state power, and those with Taft‑Hartley pension contributions. You can opt out anytime b… - New deadlines for employer retirement payroll setup: mixed, medium. Most Rhode Island businesses with 5 or more employees must enable payroll deductions for RISavers unless they already offer a qualifying plan. Large employers (over 100 employees) must comply within 12 months, those with over 50 within 24 months, and all others within 36 months after enrollment ope… ## Sponsors and cosponsors - Sponsor: Meghan E. Kallman (Democratic), Senate - Cosponsor: Alana M. DiMario (Democratic), Senate - Cosponsor: Louis P. DiPalma (Democratic), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-06-08 | House | RETIREMENT SAVINGS PROGRAM ACT PASSAGE IN CONCURRENCE | pass | 69 | 0 | | | 2026-06-04 | Senate | RETIREMENT SAVINGS PROGRAM ACT Passage | pass | 37 | 0 | | ## Actions (11) - 2026-06-23: Signed by Governor — Chapter 397 (Governor) - 2026-06-18: Transmitted to Governor (Governor) - 2026-06-08: House passed in concurrence (House) - 2026-06-05: Placed on the House Consent Calendar (06/08/2026) (House) - 2026-06-04: Senate read and passed (Senate) - 2026-06-02: Placed on Senate Calendar (06/04/2026) (Senate) - 2026-06-02: Committee recommends passage - 2026-05-29: Scheduled for consideration (06/02/2026) - 2026-05-26: Committee recommended measure be held for further study - 2026-05-22: Scheduled for hearing and/or consideration (05/26/2026) - 2026-03-13: Introduced, referred to Senate Finance (Senate) ## Bill text - S3086 - As Introduced, 2026-03-13: [HTML](https://webserver.rilegislature.gov/BillText26/SenateText26/S3086.htm), [PDF](https://webserver.rilegislature.gov/BillText26/SenateText26/S3086.pdf) ## Related bills - S3073: AN ACT RELATING TO PROPERTY -- MORTGAGES OF REAL PROPERTY . (became law) - S3047: AN ACT RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY -- DISTRICT COURT PRACTICE . (became law) - H8605: JOINT RESOLUTION MAKING AN APPROPRIATION TO PAY CERTAIN CLAIMS . (became law) - H8580: AN ACT RELATING TO THE NORTH TIVERTON FIRE DISTRICT . (became law) - H8586: AN ACT RELATING TO HIGHWAYS -- RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY . (became law) - H8525: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES . (became law) ## Sources - [S3086 - As Introduced (HTML)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3086.htm) - [S3086 - As Introduced (PDF)](https://webserver.rilegislature.gov/BillText26/SenateText26/S3086.pdf) ## Related - [S3073: AN ACT RELATING TO PROPERTY -- MORTGAGES OF REAL PROPERTY .](https://policyrisk.com/state-bill/RI-S3073-2026) - [S3047: AN ACT RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY -- DISTRIC…](https://policyrisk.com/state-bill/RI-S3047-2026) - [H8605: JOINT RESOLUTION MAKING AN APPROPRIATION TO PAY CERTAIN CLAIMS .](https://policyrisk.com/state-bill/RI-H8605-2026) - [H8580: AN ACT RELATING TO THE NORTH TIVERTON FIRE DISTRICT .](https://policyrisk.com/state-bill/RI-H8580-2026) - [H8586: AN ACT RELATING TO HIGHWAYS -- RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY .](https://policyrisk.com/state-bill/RI-H8586-2026) - [H8525: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES .](https://policyrisk.com/state-bill/RI-H8525-2026) - [Rhode Island bills](https://policyrisk.com/states/rhode-island/bills) - [Rhode Island state hub](https://policyrisk.com/states/rhode-island) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/RI-S3086-2026 (as of 2026-11-01).