Rhode Island · 2025 Regular Session · Bill

SB 1040: AN ACT RELATING TO TAXATION -- TAX ON GAINS FROM THE SALE OR EXCHANGE OF REAL PROPERTY

In committee Last action June 3, 2025: 06/03/2025 Committee recommended measure be held for further study

Plain-language summary

SB 1040 is a bill introduced in the Rhode Island Senate on May 9, 2025. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- TAX ON GAINS FROM THE SALE OR EXCHANGE OF REAL PROPERTY. Primary sponsor: Victoria Gu (Democratic), Sam Bell (Democratic), Dawn Euer (Democratic). Most recent recorded action (June 3, 2025): 06/03/2025 Committee recommended measure be held for further study.

Sponsors

Primary sponsors: Victoria Gu (Democratic); Sam Bell (Democratic); Dawn Euer (Democratic).