2022 Regular Session • Rhode Island Legislature
H7865: Personal Income Tax -- Capital Gains
Legislative Summary
Amends the capital gains tax rates and holding period from 5 years to 1 year. Imposes a non-owner occupied tax on homes assessed at more than $1,000,000. Increases estate tax exemption to $2,225,000.
Bill History
3/4/2022
Introduced, referred to House Finance
House of Representatives
4/29/2022
Scheduled for hearing and/or consideration (05/03/2022)
House of Representatives
5/3/2022
Committee recommended measure be held for further study
House of Representatives
Status Information
Current Status
Introduced(3/4/2022)
Chamber
House of Representatives
Committee
Finance(House of Representatives)
