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RI S2251

Bill

Official Source

Status

Introduced

1/23/2026

Primary Sponsor

David Tikoian

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Repeals Chapter 44-22 of Rhode Island General Laws, which imposes estate and transfer taxes on the net estates of resident and nonresident decedents
  • Repeals Chapter 44-23, which governs the enforcement and collection procedures for estate and transfer taxes
  • Eliminates the graduated estate tax rates that ranged from 2% on amounts up to $25,000 to 9% on amounts exceeding $1,000,000
  • Removes the current Rhode Island estate tax credit of $64,400 (adjusted annually for inflation) that applied to estates of decedents dying on or after January 1, 2015
  • Takes effect immediately upon passage

Legislative Description

Eliminates the estate tax in Rhode Island.

Taxation

Last Action

Introduced, referred to Senate Finance

1/23/2026

Committee Referrals

Finance1/23/2026

Full Bill Text

No bill text available