Bill Text: RI H7257 | 2024 | Regular Session | Introduced


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 10-0)

Status: (Introduced) 2024-04-23 - Committee recommended measure be held for further study [H7257 Detail]

Download: Rhode_Island-2024-H7257-Introduced.pdf
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