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.

HB 5778 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

Rhode Island 2025 Regular Session

Bill Texts

Introduced 02/26/2025

Weigh In

Spread the Word!

Sponsors (6)

Rep. Brian C. Newberry

Rhode Island (R)

Primary Sponsor

Rep. Robert J. Quattrocchi

Rhode Island (R)

Co-Sponsor

Rep. Christopher G. Paplauskas

Rhode Island (R)

Co-Sponsor

Rep. Richard R. Fascia

Rhode Island (R)

Co-Sponsor

Rep. Paul M. Santucci

Rhode Island (R)

Co-Sponsor

Rep. Marie A. Hopkins

Rhode Island (R)

Co-Sponsor