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Rhode Island bills · 2026 Regular Session

Rhode Island SB 2549

AN ACT RELATING TO TAXATION -- TAX ON GAINS FROM THE SALE OR EXCHANGE OF REAL PROPERTY

  1. Introduced
  2. In committee
  3. Passed Senate
  4. Passed House
  5. To Governor
  6. Became law

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Summary

Official abstract published by the Rhode Island legislature· summary

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.

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Roll-call votes

No recorded votes on this bill.

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