· RI legislature · 2026

AN ACT RELATING TO TAXATION -- WEALTH PROCEEDS TAX

Imposes a tax equal to four percent (4%) on net investment income, such as interest, dividends, annuities, royalties, capital gains and rental income, of high-income households, estates and trusts, based upon federal guidelines.

Sponsor

Alana DiMario (D-RI)

Introduced

2026-03-27

Policy area

Taxation

Latest action

03/27/2026 Introduced, referred to Senate Finance