Bill Text: RI S2361 | 2024 | Regular Session | Introduced
Bill Title: Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $800,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.
Spectrum: Partisan Bill (Democrat 8-0)
Status: (Introduced) 2024-04-30 - Committee recommended measure be held for further study [S2361 Detail]
Download: Rhode_Island-2024-S2361-Introduced.pdf