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SB 1040
  • Introduced
    May 09, 2025
  • Passed Senate
  • Passed House
  • Signed into Law
SB 1040
Rhode Island Senate Bill
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AN ACT RELATING TO TAXATION -- TAX ON GAINS FROM THE SALE OR EXCHANGE OF REAL PROPERTY (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.)
Last Action See all actions
Senate • May 30, 2025: 05/30/2025 Scheduled for hearing and/or consideration (06/03/2025)
Latest Bill Text See all bill texts
1040
hearing • SENATE COMMITTEE ON FINANCE
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Jun 03, 2025 04:00pm
Room 211 - State House, Time: Rise of the Senate

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  • May 30, 2025 | Senate
    • 05/30/2025 Scheduled for hearing and/or consideration (06/03/2025)
  • May 09, 2025 | Senate
    • 05/09/2025 Introduced, referred to Senate Finance
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