· RI legislature · 2025

AN ACT RELATING TO PROPERTY -- FIRST TIME HOME BUYER SAVINGS PROGRAM ACT

Establishes the first time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.

Sponsor

Brian Newberry (R-RI)

Introduced

2025-02-26

Policy area

Housing and Community Development

Latest action

05/13/2025 Committee recommended measure be held for further study