RI H8002 | 2020 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on March 12 2020 - 25% progression, died in committee
Action: 2020-03-12 - Introduced, referred to House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Increases the exemption for estate taxes to two million five hundred thousand dollars ($2,500,000) effective January 1, 2022. There would be a further increased estate tax exemption to five million dollars ($5,000,000) effective January 1, 2024.

Tracking Information

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Title

Estate And Transfer Taxes--liability And Computation

Sponsors


History

DateChamberAction
2020-03-12HouseIntroduced, referred to House Finance

Rhode Island State Sources


Bill Comments

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