Rhode Island · 2026 Regular Session · Bill
HB 7312: AN ACT RELATING TO TAXATION -- ESTATE AND TRANSFER TAXES -- LIABILITY AND COMPUTATION
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 7312 is a bill introduced in the Rhode Island House on January 23, 2026. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- ESTATE AND TRANSFER TAXES -- LIABILITY AND COMPUTATION. Primary sponsor: Mike Chippendale (Republican), David Place (Republican), Paul Santucci (Republican), Dick Fascia (Republican), Bob Quattrocchi (Republican), George Nardone (Republican). Most recent recorded action (May 7, 2026): 05/07/2026 Committee recommended measure be held for further study.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Increases the net taxable estate exemption to fifteen million dollars ($15,000,000) for deaths that occur on or after January 1, 2027.
Sponsors
Sponsors by party (alphabetical): Republican 6
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mike Chippendale | Primary sponsor | Republican | House | 40 |
| David Place | Primary sponsor | Republican | House | 47 |
| Paul Santucci | Primary sponsor | Republican | House | 53 |
| Dick Fascia | Primary sponsor | Republican | House | 42 |
| Bob Quattrocchi | Primary sponsor | Republican | House | 41 |
| George Nardone | Primary sponsor | Republican | House | 28 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 05/07/2026 Committee recommended measure be held for further study
- 05/01/2026 Scheduled for hearing and/or consideration (05/07/2026)
- 01/23/2026 Introduced, referred to House Finance