States / Rhode Island / HB 5778

HB 5778 Failed

AN ACT RELATING TO PROPERTY -- FIRST TIME HOME BUYER SAVINGS PROGRAM ACT

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Establishes the first time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.

Chamber
House
Introduced
Feb 26, 2025
Last action
May 13, 2025 — 05/13/2025 Committee recommended measure be held for further study
Sponsor
Paul Santucci R
Session
2025
Momentum
5 · Stalled