Rhode Island · 2026 Regular Session · Bill
SB 2549: AN ACT RELATING TO TAXATION -- TAX ON GAINS FROM THE SALE OR EXCHANGE OF REAL PROPERTY
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 2549 is a bill introduced in the Rhode Island Senate on February 13, 2026. 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: Tiara Mack (Democratic), Alana DiMario (Democratic), Sam Bell (Democratic), Linda Ujifusa (Democratic), Victoria Gu (Democratic), Dawn Euer (Democratic). Most recent recorded action (May 12, 2026): 05/12/2026 Committee heard.
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 new tax on gains from sale or exchange of real property held for short periods of time, 6 years or less, establishes a comprehensive framework to calculate and implement enforcement and provides imprisonment and/or fines for those who evade taxes.
Sponsors
Sponsors by party (alphabetical): Democratic 6
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Tiara Mack | Primary sponsor | Democratic | Senate | 6 |
| Alana DiMario | Primary sponsor | Democratic | Senate | 36 |
| Sam Bell | Primary sponsor | Democratic | Senate | 5 |
| Linda Ujifusa | Primary sponsor | Democratic | Senate | 11 |
| Victoria Gu | Primary sponsor | Democratic | Senate | 38 |
| Dawn Euer | Primary sponsor | Democratic | Senate | 13 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 05/12/2026 Committee heard
- 05/08/2026 Scheduled for hearing and/or consideration (05/12/2026)
- 02/13/2026 Introduced, referred to Senate Finance