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RI S2361
Bill
Status
Introduced
2/12/2024
Primary Sponsor
Victoria Gu
Click for details
AI Summary
Legislative Description
Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $800,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.
Taxation
Last Action
Committee recommended measure be held for further study
4/30/2024
Committee Referrals
Finance2/12/2024
Full Bill Text
No bill text available