Rhode Island Senate Bill 2367: Allows an individual, who is a first-time homebuyer, to contribute funds to a first-time homebuyer savings account with Rhode Island housing to pay for eligible costs to purchase a home and receive tax deductions and exemptions.

Rhode Island · 2026 session

What it does

TAXATION -- FIRST-TIME HOMEBUYER SAVINGS ACCOUNT ACT - Allows an individual, who is a first-time homebuyer, to contribute funds to a first-time homebuyer savings account with Rhode Island housing to pay for eligible costs to purchase a home and receive tax deductions and exemptions.

Latest action

Committee recommended measure be held for further study (2026-05-07)

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