Rhode Island · 2025 Regular Session · Bill
SB 445: 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 445 is a bill introduced in the Rhode Island Senate on February 26, 2025. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- FIRST-TIME HOMEBUYER SAVINGS ACCOUNT ACT. Primary sponsor: Bridget Valverde (Democratic), Alana DiMario (Democratic), Bob Britto (Democratic), Pam Lauria (Democratic), Sue Sosnowski (Democratic), Melissa Murray (Democratic), Matt LaMountain (Democratic), David Tikoian (Democratic), Val Lawson (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 an individual, who is a first-time homebuyer, to contribute funds to a first- time homebuyers saving account with Rhode Island Housing to pay for eligible costs to purchase a home.
Sponsors
Sponsors by party (alphabetical): Democratic 9
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Bridget Valverde | Primary sponsor | Democratic | Senate | 35 |
| Alana DiMario | Primary sponsor | Democratic | Senate | 36 |
| Bob Britto | Primary sponsor | Democratic | Senate | 18 |
| Pam Lauria | Primary sponsor | Democratic | Senate | 32 |
| Sue Sosnowski | Primary sponsor | Democratic | Senate | 37 |
| Melissa Murray | Primary sponsor | Democratic | Senate | 24 |
| Matt LaMountain | Primary sponsor | Democratic | Senate | 31 |
| 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
- 03/04/2025 Committee recommended measure be held for further study
- 02/28/2025 Scheduled for hearing and/or consideration (03/04/2025)
- 02/26/2025 Introduced, referred to Senate Finance