Rhode Island · 2025 Regular Session · Bill
SB 37: AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 37 is a bill introduced in the Rhode Island Senate on January 23, 2025. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX. Primary sponsor: Lou DiPalma (Democratic), Jake Bissaillon (Democratic), Meghan Kallman (Democratic), Tiara Mack (Democratic), Melissa Murray (Democratic), Alana DiMario (Democratic), Victoria Gu (Democratic). Most recent recorded action (March 4, 2025): 03/04/2025 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 a municipality to set its own conveyance tax rate for residential properties sold in excess of $900,000.00 at $10 per $500. Provides collected taxes to be in a restricted account and distributed within 2 years for affordable housing.
Sponsors
Sponsors by party (alphabetical): Democratic 7
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Lou DiPalma | Primary sponsor | Democratic | Senate | 12 |
| Jake Bissaillon | Primary sponsor | Democratic | Senate | 1 |
| Meghan Kallman | Primary sponsor | Democratic | Senate | 15 |
| Tiara Mack | Primary sponsor | Democratic | Senate | 6 |
| Melissa Murray | Primary sponsor | Democratic | Senate | 24 |
| Alana DiMario | Primary sponsor | Democratic | Senate | 36 |
| Victoria Gu | Primary sponsor | Democratic | Senate | 38 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 03/04/2025 Committee recommended measure be held for further study
- 02/28/2025 Scheduled for hearing and/or consideration (03/04/2025)
- 01/23/2025 Introduced, referred to Senate Finance