Rhode Island · 2026 Regular Session · Bill
SB 2367: AN ACT RELATING TO TAXATION -- FIRST-TIME HOMEBUYER SAVINGS ACCOUNT ACT
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 2367 is a bill introduced in the Rhode Island Senate on January 30, 2026. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- FIRST-TIME HOMEBUYER SAVINGS ACCOUNT ACT. Primary sponsor: Matt LaMountain (Democratic), Melissa Murray (Democratic), Frank Ciccone (Democratic), David Tikoian (Democratic), Val Lawson (Democratic). 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.
Allows an individual, who is a first-time homebuyer, to contribute funds to a first-time homebuyer savings account with Rhode Island housing to pay for eligible costs to purchase a home and receive tax deductions and exemptions.
Sponsors
Sponsors by party (alphabetical): Democratic 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Matt LaMountain | Primary sponsor | Democratic | Senate | 31 |
| Melissa Murray | Primary sponsor | Democratic | Senate | 24 |
| Frank Ciccone | Primary sponsor | Democratic | Senate | 7 |
| David Tikoian | Primary sponsor | Democratic | Senate | 22 |
| Val Lawson | Primary sponsor | Democratic | Senate | 14 |
“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)
- 01/30/2026 Introduced, referred to Senate Finance