Authorizes each city and town with a private higher education institution with an endowment of more than $1 billion to impose an endowment tax up to 2%.
State Name
Rhode Island
Bill #
H.B.5285
Status
Adjourned; Not Enacted
Category
1. Taxes and Fees
Subcategory
Fees & PILOTS
Status Text
Introduced or Prefiled
Year Proposed
2025
State Taxonomy
Bill Page
http://status.rilegislature.gov/bill_history_report.aspx?year=2025&bills=5285