States / Rhode Island / HB 8193

HB 8193 Failed

AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $900,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.

Chamber
House
Introduced
Feb 27, 2026
Last action
Apr 29, 2026 — 04/29/2026 Committee recommended measure be held for further study
Sponsor
Edith Ajello D
Session
2026
Momentum
5 · Stalled