RI H7486 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on February 2 2024 - 25% progression, died in committee
Action: 2024-05-14 - Committee recommended measure be held for further study
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2024 - 25% progression, died in committee
Action: 2024-05-14 - Committee recommended measure be held for further study
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
TAXATION -- PERSONAL INCOME TAX -- CAPITAL GAINS - Amends the capital gains tax rates and holding period from 5 years to 1 year. Imposes a non-owner occupied tax on homes assessed at more than $1,000,000.
Title
Amends the capital gains tax rates and holding period from 5 years to 1 year. Imposes a non-owner occupied tax on homes assessed at more than $1,000,000.
Sponsors
| Rep. Edith Ajello [D] | Rep. Rebecca Kislak [D] | Rep. June Speakman [D] | Rep. Brandon Potter [D] |
| Rep. Arthur Handy [D] | Rep. John Lombardi [D] | Rep. Karen Alzate [D] | Rep. Teresa Tanzi [D] |
| Rep. Tina Spears [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-14 | House | Committee recommended measure be held for further study |
| 2024-05-10 | House | Scheduled for hearing (05/14/2024) |
| 2024-02-02 | House | Introduced, referred to House Finance |
Subjects
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText24/HouseText24/H7486.pdf |
