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.

SB 415 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

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Sponsors (4)

Sen. Leonidas P. Raptakis


Co-Sponsor

Sen. Elaine J. Morgan


Co-Sponsor

Sen. Thomas J. Paolino


Primary Sponsor

Sen. Peter A. Appollonio


Co-Sponsor

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Subject(s)

Property Property -- First Time Home Buyer Savings Program Act