· RI legislature · 2025

AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

Provides a tax upon the endowment of a private institution of higher education equal to two percent (2%) upon each dollar over $1,000,000,000.

Sponsor

Tiara Mack (D-RI)

Introduced

2025-03-14

Policy area

Taxation

Latest action

03/14/2025 Introduced, referred to Senate Finance