RI S0788 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on March 23 2023 - 25% progression, died in committee
Action: 2023-03-23 - Introduced, referred to Senate Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 23 2023 - 25% progression, died in committee
Action: 2023-03-23 - Introduced, referred to Senate Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $800,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.
Title
Real Estate Conveyance Tax
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-03-23 | Senate | Introduced, referred to Senate Finance |
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText23/SenateText23/S0788.pdf |
