Bill Title: Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $900,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Introduced) 2025-01-23 - Introduced, referred to Senate Finance [S0037 Detail]

Text: Latest bill text (Introduced) [PDF]

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Sponsors

Name	Type	Contact	Phone	District	Sponsorship	State Profile	Financial	Encyclopedia	Biography
Senator Victoria Gu [D]	Primary	Email	401-388-0696	SD-038	Sponsored Bills	State Profile	FollowTheMoney	Ballotpedia	VoteSmart
Senator Alana DiMario [D]	Primary	Email	401-276-5568	SD-036	Sponsored Bills	State Profile	FollowTheMoney	Ballotpedia	VoteSmart
Senator Melissa Murray [D]	Primary	Email	401-276-5568	SD-024	Sponsored Bills	State Profile	FollowTheMoney	Ballotpedia	VoteSmart
Senator Tiara Mack [D]	Primary	Email	401-288-1288	SD-006	Sponsored Bills	State Profile	FollowTheMoney	Ballotpedia	VoteSmart
Senator Meghan Kallman [D]	Primary	Email	401-648-9422	SD-015	Sponsored Bills	State Profile	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jacob Bissaillon [D]	Primary	Email	401-442-6973	SD-001	Sponsored Bills	State Profile	FollowTheMoney	Ballotpedia	VoteSmart
Senator Louis Dipalma [D]	Primary	Email	401-847-8540	SD-012	Sponsored Bills	State Profile	FollowTheMoney	Ballotpedia	VoteSmart

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