Rhode Island · 2025 Regular Session · Bill
SB 778: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 778 is a bill introduced in the Rhode Island Senate on March 14, 2025. According to its official title, it concerns: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION. Primary sponsor: Tiara Mack (Democratic). Most recent recorded action (March 14, 2025): 03/14/2025 Introduced, referred to Senate 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.
Provides a tax upon the endowment of a private institution of higher education equal to two percent (2%) upon each dollar over $1,000,000,000.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Tiara Mack | Primary sponsor | Democratic | Senate | 6 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 03/14/2025 Introduced, referred to Senate Finance