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RI H7257

Bill

Status

Introduced

1/19/2024

Primary Sponsor

Megan Cotter

Click for details

Origin

House of Representatives

2024 Regular Session

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