RI S2596 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on March 1 2024 - 25% progression, died in committee
Action: 2024-03-01 - Introduced, referred to Senate Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 1 2024 - 25% progression, died in committee
Action: 2024-03-01 - Introduced, referred to Senate Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
TAXATION -- PERSONAL INCOME TAX -- CAPITAL GAINS - Amends the capital gains tax rates and holding period from 5 years to 1 year. Imposes a non-owner occupied tax on homes assessed at more than $1,000,000.
Title
Amends the capital gains tax rates and holding period from 5 years to 1 year. Imposes a non-owner occupied tax on homes assessed at more than $1,000,000.
Sponsors
Sen. Meghan Kallman [D] | Sen. Jonathon Acosta [D] | Sen. Alana DiMario [D] | Sen. Joshua Miller [D] |
Sen. Victoria Gu [D] | Sen. Sandra Cano [D] | Sen. Linda Ujifusa [D] |
History
Date | Chamber | Action |
---|---|---|
2024-03-01 | 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/S2596.pdf |