Docket Room
HB 8332·RI·house

AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX

IntroducedFiled Mar 20, 2026
Sponsor: Messier
Latest Action

03/31/2026 Committee recommended measure be held for further study

Mar 31, 2026

Summary

The bill adds a tax on deeds when real property is sold or when ownership of a real‑estate company changes. It levies $3.75 for each $500 of consideration, with a special residential rate that applies to sales above $800,000 (adjusted for inflation). Collected taxes are divided among state programs, municipalities, and designated housing funds.

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