Rhode IslandAN ACT RELATING TO TAXATION -- TAX ON GAINS FROM THE SALE OR EXCHANGE OF REAL PROPERTY
What it does
Creates new tax on gains from sale or exchange of real property held for short periods of time, 6 years or less, establishes a comprehensive framework to calculate and implement enforcement and provides imprisonment and/or fines for those who evade taxes.
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 306/03/2025 Committee recommended measure be held for further studyLatest
- May 3005/30/2025 Scheduled for hearing and/or consideration (06/03/2025)
- May 905/09/2025 Introduced, referred to Senate FinanceIntroduced