RI S2892 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on April 26 2022 - 25% progression, died in committee
Action: 2022-04-26 - Introduced, referred to Senate Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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. Increases estate tax exemption to $2,225,000.

Tracking Information

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Title

Personal Income Tax--capital Gains

Sponsors


History

DateChamberAction
2022-04-26SenateIntroduced, referred to Senate Finance

Rhode Island State Sources


Bill Comments

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