Rhode Island · 2026 Regular Session · Bill
HB 7396: AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX -- AFFORDABLE HOUSING TAX CREDIT ACT
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 7396 is a bill introduced in the Rhode Island House on January 28, 2026. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX -- AFFORDABLE HOUSING TAX CREDIT ACT. Primary sponsor: Mike Chippendale (Republican), Dick Fascia (Republican), Paul Santucci (Republican), Marie Hopkins (Republican), David Place (Republican). Most recent recorded action (January 28, 2026): 01/28/2026 Introduced, referred to House Finance.
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.
Creates an affordable housing business tax credit as well as eliminate sales tax on any materials purchased for use in the renovation of affordable rental housing.
Sponsors
Sponsors by party (alphabetical): Republican 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mike Chippendale | Primary sponsor | Republican | House | 40 |
| Dick Fascia | Primary sponsor | Republican | House | 42 |
| Paul Santucci | Primary sponsor | Republican | House | 53 |
| Marie Hopkins | Primary sponsor | Republican | House | 21 |
| David Place | Primary sponsor | Republican | House | 47 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 01/28/2026 Introduced, referred to House Finance