Bill Commons

RI SB 2697

dead

AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX

Rhode Island · 2026 Regular Session · upper

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Quick answers

Did RI SB 2697 pass?

No. RI SB 2697 did not pass — it was defeated or died in the legislative process. Latest recorded action (2026-03-26): 03/26/2026 Committee recommended measure be held for further study

What is RI SB 2697 about?

Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $900,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.

Who sponsors RI SB 2697?

Burke, DiMario, McKenney and 2 others are the primary sponsors of RI SB 2697.

Description

Allows a municipality to set its own conveyance tax rate for residential properties sold in excess of $900,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.

Introduced
2026-02-27
Latest action
2026-03-26 — 03/26/2026 Committee recommended measure be held for further study
Bill type
bill
Last updated
—

Sponsors

  • Burkeprimary
  • DiMarioprimary
  • McKenneyprimary
  • Kallmanprimary
  • Guprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-03-26

    03/26/2026 Committee recommended measure be held for further study

    committee-failure

  2. 2026-03-20

    03/20/2026 Scheduled for hearing and/or consideration (03/26/2026)

  3. 2026-02-27

    02/27/2026 Introduced, referred to Senate Housing and Municipal Government

    introduction,referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://status.rilegislature.gov/

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:31:46.990152Z

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