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RI H5285
Bill
Status
Introduced
1/31/2025
Primary Sponsor
David Morales
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AI Summary
Legislative Description
Authorizes a host city or town to impose a two percent (2%) tax on the endowment of a private institution of higher education that is in excess of one billion dollars ($1,000,000,000), to be used only for the host public school district.
Taxation
Last Action
Committee recommended measure be held for further study
5/15/2025
Committee Referrals
Finance1/31/2025
Full Bill Text
No bill text available