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RI S1040

Bill

Status

Introduced

5/9/2025

Primary Sponsor

Dawn Euer

Click for details

Origin

Senate

2025 Regular Session

AI Summary

Legislative Description

Creates new tax on gains from sale or exchange of real property held for short periods of time, 6 years or less, establishes a comprehensive framework to calculate and implement enforcement and provides imprisonment and/or fines for those who evade taxes.

Taxation

Last Action

Committee recommended measure be held for further study

6/3/2025

Committee Referrals

Finance5/9/2025

Full Bill Text

No bill text available