Comments: RI S2372 | 2024 | Regular Session

Bill Title: Increases conveyance tax for residential properties sold above $2,000,000 to a rate of $3.30 per $500, to be collected for RI housing for elderly affordable housing development. Provides and exemption to any entity developing elderly affordable housing.

Spectrum: Partisan Bill (Democrat 8-0)

Status: (Introduced) 2024-04-30 - Committee recommended measure be held for further study [S2372 Detail]

Text: Latest bill text (Introduced) [PDF]

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