2024 Regular Session • Rhode Island Legislature
H7487: Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2025.
Legislative Summary
TAXATION -- ESTATE AND TRANSFER TAXES -- LIABILITY AND COMPUTATION - Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2025.
Bill History
2/2/2024
Introduced, referred to House Finance
House of Representatives
5/17/2024
Scheduled for hearing and/or consideration (05/23/2024)
House of Representatives
5/23/2024
Committee recommended measure be held for further study
House of Representatives
Status Information
Current Status
Introduced(2/2/2024)
Chamber
House of Representatives
Committee
Finance(House of Representatives)
Sine DiePrior Session
Sponsors
Democrat: 7
Republican: 2
Primary Sponsor

Gregory Costantino
Democrat