SB 37

  • Rhode Island Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 23, 2025
  • Senate
  • House
  • Governor

An Act Relating To Taxation -- Real Estate Conveyance Tax

Abstract

Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $900,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.

Bill Sponsors (7)

Votes


No votes to display

Actions


Mar 04, 2025

Rhode Island General Assembly

03/04/2025 Committee recommended measure be held for further study

Feb 28, 2025

Rhode Island General Assembly

02/28/2025 Scheduled for hearing and/or consideration (03/04/2025)

Jan 23, 2025

Senate

01/23/2025 Introduced, referred to Senate Finance

Bill Text

Bill Text Versions Format
37 PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Rhode Island General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.