Rhode Island Senate bill in Session 2026.
Status: in_committee. Latest action: March 26, 2026.
AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX.
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.
| Date | Event | Detail |
|---|---|---|
| 2026-02-27 | Introduced | Bill introduced |
| 2026-03-26 | Status | in_committee |
| 2026-03-26 | Latest Action | Committee recommended measure be held for further study |