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RI H7257
Bill
Status
Introduced
1/19/2024
Primary Sponsor
Megan Cotter
Click for details
AI Summary
Legislative Description
Increases conveyance tax for residential properties sold above $2,000,000 to a rate of $3.30 per $500, to be collected for RI housing for elderly affordable housing development. Provides and exemption to any entity developing elderly affordable housing.
Taxation
Last Action
Committee recommended measure be held for further study
4/23/2024
Committee Referrals
Finance1/19/2024
Full Bill Text
No bill text available