States / Rhode Island / HB 8102

HB 8102 Failed

AN ACT RELATING TO PROPERTY -- CAPACITY TO HOLD REAL ESTATE

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Precludes a legal entity from owning property whose value is over $25,000,000. If the property value exceeds $25,000,000, then the entity must divest a graduated yearly amount over the next 10 years, until value is less than $25,000,000.

Chamber
House
Introduced
Feb 27, 2026
Last action
Mar 26, 2026 — 03/26/2026 Committee recommended measure be held for further study
Sponsor
Rebecca Kislak D
Session
2026
Momentum
5 · Stalled