Rhode Island · 2025 Regular Session · Bill
SB 779: AN ACT RELATING TO TAXATION -- WEALTH 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 779 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 -- WEALTH TAX. Primary sponsor: Meghan Kallman (Democratic), Jonathon Acosta (Democratic), Tiara Mack (Democratic). Most recent recorded action (May 29, 2025): 05/29/2025 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.
Imposes a wealth tax on Rhode Island individuals and entities at a rate of one percent (1%) of worldwide wealth.
Sponsors
Sponsors by party (alphabetical): Democratic 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Meghan Kallman | Primary sponsor | Democratic | Senate | 15 |
| Jonathon Acosta | Primary sponsor | Democratic | Senate | 16 |
| 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
- 05/29/2025 Committee recommended measure be held for further study
- 05/23/2025 Scheduled for hearing and/or consideration (05/29/2025)
- 03/14/2025 Introduced, referred to Senate Finance