S 2757Administration & Compliance

To Vacate the Forfeiture or Revocation of the Charter of Roberts and Rocha, Inc.

This bill allows Roberts and Rocha, Inc. to restore its corporate charter by paying back taxes and fees by 2026.

Signed into law63 Yea0 Nay12 Not voting

Population
Affected

Introduced Feb 27, 2026Committee Placed on the Senate Consent Calendar

Plain-English Summary

This legislation provides a specific opportunity for a company named Roberts and Rocha, Inc. to regain its official corporate status. The company's charter had previously been revoked. To be reinstated, the company must file all required tax returns, pay all back taxes owed to the state, and submit necessary reports and fees to the Secretary of State by December 31, 2026. If the company meets these requirements, the revocation will be cancelled, and the company will be treated as if it had remained in good standing throughout the period.

For younger readers

Imagine a business that had to close down because it didn't follow the rules or pay the money it owed to the state. This law gives one specific business, called Roberts and Rocha, Inc., a second chance to open back up. To do this, the business must finish all its paperwork and pay all the taxes it owes the government by the end of 2026. If they do all that, the government will let them be a business again, just like nothing bad ever happened.

Who & Where It Applies

Impacted groups

Roberts and Rocha Inc.Rhode Island Division of TaxationSecretary of StateCreditors of the corporationEmployees of the corporation

Impacted communities

All

Constitutional & Fiscal Check

None Likely

Estimated cost

None

Estimated revenue

Amount unknown

Bill Analysis

Both viewpoints

For Progressives

Ensures the collection of unpaid taxes and fees from a private entity, thereby increasing revenue available for state public services and social programs.
Provides a pathway for a business to become compliant and operational again, potentially preserving local jobs and supporting the economic stability of the community.
Maintains regulatory accountability by mandating that all legal and financial obligations to the state are fully met before corporate privileges are restored.
Utilizes legislative time and resources to assist a single private corporation, which may be seen as prioritizing corporate interests over broader social reforms or the needs of individuals.
Grants specific relief to a business that failed to meet its civic duties, potentially signaling that corporations can bypass standard consequences for non-compliance.
Lacks transparency regarding why this specific entity merits a legislative intervention compared to other struggling small businesses that might not have political access.

For Conservatives

Facilitates the restoration of a private business, supporting free enterprise and allowing the owners to resume economic activity without excessive bureaucratic hurdles.
Ensures the enforcement of financial responsibility by requiring the payment of all back taxes and fees, upholding the rule of law regarding contractual and state obligations.
Reduces the permanent destruction of a corporate entity, preserving private sector assets and preventing unnecessary business closure due to administrative lapses.
Wastes legislative time and taxpayer-funded resources on a private administrative matter that arguably should be handled through standard bureaucratic channels rather than special legislation.
Could be viewed as the government picking winners and losers by granting special legislative exceptions to a specific entity that failed to follow the rules.
Sets a precedent of leniency for tax delinquency, potentially undermining the strict enforcement of laws and encouraging other businesses to delay payments hoping for similar reprieves.

Votes

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Full Bill Text

SECTION 1. If, on or before December 31, 2026, Roberts and Rocha, Inc., incorporated on April 1, 1988, shall file any corporation tax returns as may be required, and shall pay all taxes which were due or should have been due to the state, and shall file with the secretary of state a certificate signed by the tax administrator that such tax returns and such taxes have been paid; and shall also file all reports and pay all fees which may be required by the secretary of state, then the revocation of the charter of said corporation shall thereupon to wit, upon the filing of said certificate, said reports and the payment of said fees, be vacated and said corporation shall thereupon be entitled to all privileges, benefits and powers and subject to all of the same duties and liabilities as though no revocation of its charter had taken place.

SECTION 2. This act shall take effect upon passage.