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Neutral Bill Mar 16, 2026

Authorizes a host city or town to impose a two percent (2%) tax on the endowment of a private institution of higher education that is in excess of one billion dollars ($1,000,000,000), to be used only for the host public school district.

TAXATION -- PROPERTY SUBJECT TO TAXATION - Authorizes a host city or town to impose a two percent (2%) tax on the endowment of a private institution of higher education that is in excess of one billion dollars ($1,000,000,000), to be used only for the host public school district.

https://legiscan.com/RI/bill/H5285/2025
Bill data from LegiScan, used under CC BY 4.0.
David Morales State Representative
Taxation TAXATION -- PROPERTY SUBJECT TO TAXATION
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