2025 Regular SessionRhode Island Legislature

S0187: Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2026.

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, 2026.

Demographic Impact

Overall analysis of equity impact

70% Bias
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Bill History

2/7/2025
Introduced, referred to Senate Finance
Senate
5/23/2025
Scheduled for hearing and/or consideration (05/29/2025)
Senate
5/29/2025
Committee recommended measure be held for further study
Senate

Status Information

Current Status
Introduced(2/7/2025)
Chamber
Senate
Committee
Finance(Senate)

Documents

Introduced
Bill Text2/7/202582.3 KB