AN ACT RELATING TO TAXATION -- WEALTH TAX

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 1 Sponsors 10

Imposes a wealth tax on Rhode Island individuals and entities at a rate of one percent (1%) of worldwide wealth.

Chamber: House
Introduced: Feb 6, 2026
Last action: Feb 6, 2026 — 02/06/2026 Introduced, referred to House Finance
Sponsor: Jose Batista D
Session: 2026
Momentum: 44 · Moderate

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base In Committee — base rate 11%, measured from RI's completed sessions
Momentum -1 44/100 from the pace of recorded action
Time since last action -22 246 days quiet
Cosponsors +10 9 signed on
Sponsor influence -2 33/100

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.