Bill Text: RI S0037 | 2025 | Regular Session | Introduced
Bill Title: Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $900,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.
Sponsorship: Partisan Bill (Democrat 7)
Status: (Introduced - Dead) 2025-03-04 - Committee recommended measure be held for further study [S0037 Detail]
Download: Rhode_Island-2025-S0037-Introduced.pdf
