Rhode Island - Session 2026
Title: AN ACT RELATING TO PROPERTY -- CAPACITY TO HOLD REAL ESTATE
Precludes a legal entity from owning property whose value is over $25,000,000. If the property value exceeds $25,000,000, then the entity must divest a graduated yearly amount over the next 10 years, until value is less than $25,000,000.
| Date | Event | Detail |
|---|---|---|
| 2026-03-04 | Introduced | Bill introduced |
| 2026-03-04 | Status | in_committee |
| 2026-03-04 | Latest Action | Introduced, referred to Senate Housing and Municipal Government |