States / Rhode Island / HB 7683

HB 7683 Failed

AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Imposes a conveyance tax on purchasers, of single-family residential properties, who are for- profit entities with over $15,000,000 in assets, at a rate of $6.90/$500, to be collected for housing production fund established in § 42-128-2.1.

Chamber
House
Introduced
Feb 15, 2024
Last action
Apr 23, 2024 — 04/23/2024 Committee recommended measure be held for further study
Sponsor
Sherry Roberts R
Session
2024
Momentum
5 · Stalled