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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.
Introduced
May 9, 2025
Last Action
Jun 3, 2025
Session
RI 2025
Sponsors
3 primary · 0 co
06/03/2025 Committee recommended measure be held for further study
05/30/2025 Scheduled for hearing and/or consideration (06/03/2025)
05/09/2025 Introduced, referred to Senate Finance