RI S2347 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on February 12 2024 - 25% progression
Action: 2024-02-12 - Introduced, referred to Senate Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 12 2024 - 25% progression
Action: 2024-02-12 - Introduced, referred to Senate Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
TAXATION -- TAX ON GAINS FROM THE SALE OR EXCHANGE OF REAL PROPERTY - Creates new tax on gains from sale or exchange of real property held for short periods of time, 6 years or less, establishes a comprehensive framework to calculate and implement enforcement and provides imprisonment and/or fines for those who evade taxes.
Title
Creates new tax on gains from sale or exchange of real property held for short periods of time, 6 years or less, establishes a comprehensive framework to calculate and implement enforcement and provides imprisonment and/or fines for those who evade taxes.
Sponsors
| Sen. Dawn Euer [D] | Sen. Jonathon Acosta [D] | Sen. Jacob Bissaillon [D] | Sen. Tiara Mack [D] |
| Sen. Alana DiMario [D] | Sen. Samuel Zurier [D] | Sen. Victoria Gu [D] | Sen. Melissa Murray [D] |
| Sen. Samuel Bell [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-12 | Senate | Introduced, referred to Senate Finance |
Subjects
Rhode Island State Sources
| Type | Source |
|---|---|
| Summary | https://status.rilegislature.gov/ |
| Text | https://webserver.rilegislature.gov/BillText24/SenateText24/S2347.pdf |
