AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX
Summary
Increases conveyance tax for residential properties sold above $2,000,000 to a rate of $3.30 per $500, to be collected for RI housing for elderly affordable housing development. Provides and exemption to any entity developing elderly affordable housing.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 19, 2024
Last action Apr 23, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Apr 23, 2024
Committee
04/23/2024 Committee recommended measure be held for further study
legislature
Jan 19, 2024
Introduced
01/19/2024 Introduced, referred to House Finance
lower
10 primary · 0 co-sponsors
Sponsors
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