Rhode IslandAN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION
What it does
Authorizes a host city or town to impose a two percent (2%) tax on the endowment of a private institution of higher education that is in excess of one billion dollars ($1,000,000,000), to be used only for the host public school district.
Where do you stand?
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- May 1505/15/2025 Committee recommended measure be held for further studyLatest
- May 905/09/2025 Scheduled for hearing and/or consideration (05/15/2025)
- Jan 3101/31/2025 Introduced, referred to House FinanceIntroduced