BillBreakdown
Back to search
S2902IntroducedRhode Islandsenate

Precludes a legal entity from owning property whose value is over $25,000,000. If the property value exceeds $25,000,000, then the entity must divest a graduated yearly amount over the next 10 years, until value is less than $25,000,000.

Plain English Summary

AI-generated

AI summary is being generated. Check back shortly.

This summary is AI-generated for informational purposes. Always refer to the official bill text for legal accuracy.

Sponsors

M
Meghan Kallman(D)
V
Valarie Lawson(D)
A
Alana DiMario(D)
V
Victoria Gu(D)
L
Lammis Vargas(D)
T
Tiara Mack(D)
M
Mark McKenney(D)
R
Ryan Pearson(D)
D
Dawn Euer(D)
B
Bridget Valverde(D)

Legislative History

Introduced, referred to Senate Housing and Municipal Government

Mar 4, 2026