Rhode Island Senate Bill 2442: 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 · 2026 session

What it does

PROPERTY -- FIRST-TIME HOME BUYER SAVINGS PROGRAM ACT - 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.

Latest action

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

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